Owner Absentee Self-Serve Frozen Yogurt Shop

Not Disclosed, TX
Tarrant County

Arlington


Asking Price: Annual Revenue:
$149,000 $225,547

Food & Beverage: Catering, Food Preparation


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RE: Owner Absentee Self-Serve Frozen Yogurt Shop Broker: Kevin Chung

Quick Facts

Asking Price: $149,000
Annual Revenue: $225,547
Net Profit: Not Disclosed
Cash Flow: $66,228
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 4
BBN Listing #: 592619188
Broker Reference #: 000819

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Business Overview:

Prime location self-serve frozen yogurt shop offering a variety of product options is available for acquisition. This business was originally established in 2012 and was acquired by the current owner of the business in mid 2017. This business is conveniently located just off the highway in the main shopping center of the city's entertainment district near the professional team's stadium surrounded by many brand name retail shops and major restaurant chains. This business not only offers 12 different flavors of frozen yogurt, but to accommodate all types of customers, serves 14 Gelato flavors, smoothies, boba teas, and health conscious shakes. The customers are wide range of demographics with individuals of all age’s especially young adults that come to the local area for the major retail shops and the movie theater that anchors this business. Gross sales average is $225,000/year that has been consistent since inception with some marketing done online and in stores. Majority of the marketing efforts for this business is done online and through first time customer discounts, and has accumulated over 2000+ customers in database and sends out text messages for specials and discounts, but other proactive marketing methods is needed to expand the business and acquire new customers to increase sales. Competition can be expected for this type of business, but there is only one competitor within the immediate market area, which has a completely different concept targeted for different demographics than this business. There are many ways to proactively market this business such as direct mailing, promotional events, collaboration with the movie theater and rewards program. The owner of the business is completely hands-off from the business with a system and staff in place that allows for the business to run itself without much owner involvement. This business is perfect for a potential buyer that wants to proactively market this business while being fully involved in the day-to-day business operation to increase cash flow.

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Property Features and Assets:

This business is located in a 1,270 Square Feet retail strip center space that is within an entertainment district conveniently placed next to a highway. The surrounding area has numerous retail shops and nationwide restaurant chains as well as a movie theater nearby. / Inventory: $3,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: One indirect competitor has been found in the immediate market area, but it has a completely different concept and customer demographic than this business. / Growth and Expansion: Some online marketing and offline marketing are being done by current owners such as text message, specials, and social media outlets like Facebook. The current owner has 2,000+ existing customers’ data that the owner has been sent text message periodically for specials and discounts.

Reason for Selling:

Other Opportunities

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.

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