Owner Financing is Available!
Business Overview:
This is your opportunity to purchase this fully furnished and equipped ice cream and yogurt store for less than cost.
The store is in an excellent location and was formerly a TCBY. As a TCBY in 2008 and 2009 it had annual sales in excess of $380,000. The store was closed during 2010 and the present owner reopened the store without a franchise affiliation in January 2011.
In addition to the school traffic; the store is within site of Kingston Pike which has a traffic count of 100,000 cars per day and is adjacent to a McDonalds and KFC.
The store sells a large variety of ice cream and yogurt as well as smoothies, coffee, and a limited breakfast sandwiches and lunch menu. The store has good parking as well as drive thru service. This is a Great Opportunity.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Everything is in place to run this business. This store operates out of an 1,850 sq. ft. end cap in a large strip center. The initial lease on this space expires in January 2014 with and option for an additional five years. The rent is $2,600 per month.
Seller will provide 30 days training.
Market Competition and Expansion:
The store is in an excellent location. The store is on the street providing primary access to Farragut's public elementary, middle school, high school and associated athletic fields. Over 4000 students attend these schools daily!
Reason for Selling:
Other business interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.