Popular Self-Serve Frozen Yogurt Franchise - Downers Grove, IL!

Downers Grove, IL (DuPage County)

Seller Financing Available
Popular Self-Serve Frozen Yogurt Franchise - Downers Grove, IL!
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Asking Price: $199,000

Cash Flow: $85,830

Gross Revenue: $354,987

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Rent: $2,405 /Month

Established: 2014

*not included in asking price.

Popular Self-Serve Frozen Yogurt Franchise - Downers Grove, IL!

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Business Description

A highly recognizable brand serving premium quality, great tasting self-serve frozen yogurt and sorbet from a roster of more than 100 rotating flavors, plus a year-round rotating selection of treats, seasonal fresh fruit, granolas and other toppings.

Prides itself on serving only the best real frozen yogurt that features live and active
cultures. Its self-serve set-up requires few employees to operate and allows its customers to choose any combination of available flavors and toppings they like.

Boasts a very efficient 1,000 sqft floor plan with a happy atmosphere, modern design and inviting color scheme.

A family friendly fun place for guests of all ages - a great place to hang out with friends, bring a date, bring kids for a treat or meet family after a movie or for dessert.

This busy location has 6 state-of-the-art machines with 2 flavors each, hence 12 flavors to choose from at any time. Also offers a loyalty program. And also has an
established school lunch program with the nearby high school, as well as delivery
programs with GrubHub and UberEats. Plus hosts fundraisers, sponsors organizations, events & sports teams and partners with libraries & clubs.

A new owner could easily expand the business by producing and selling frozen yogurt cakes, more pre-packaged items, expand the delivery service, as well as add additional school lunch programs.

Well established location for over 5 years! A local destination in the area. Highly rated and recommended. No other frozen yogurt shop nearby.

Location: Prime corner retail space in a busy grocer-anchored plaza along with many big-name national and specialty stores that ensure a high volume of foot traffic. Anchored by Shop & Save, Best Buy, TJ Maxx/Homegoods, Old Navy and Party City. Also near the movie theater, park district museum, forest preserve and much more.

A 265,000 sqft Class A shopping center perfectly situated at highly trafficked intersection with over 61,000 VPD. The primary shopping destination serving Downers Grove and neighboring Darien & Woodridge communities.

In a dense suburban trade area with strong demographics: over 100,000 people living in a 3-mile radius earning average incomes of over $100,000. In a 5-mile radius there are 231,000 people with average incomes around $112,000.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Listed By Tami Hillier at EatZ & Associates

Detailed Information

Location:
Downers Grove, IL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
3/22/2024
Employees:
2 Full & 7 Part
Facilities:
Leased space $2,405/mth gross. Current lease expires in Mar 2024 with two 5-year options. Square Feet: 1,000. Seating: 15 Inside & 6 Outside. Days/Hrs of Operation: Mo-Fr 12p-9p & Fr-Sa 12p-10p. Value of FF&E: Included In Asking Price.
Competition:
An award-winning franchise. The brand focuses on quality, variety and innovation in order to produce their best-in-class frozen yogurt. They only serve their own private label yogurt that is made exclusively with their own custom blend of flavors that you won't find anywhere else. They strive to offer something for everyone and pride themselves on using only the highest quality ingredients. Their frozen yogurt is a good source of calcium made with fresh milk from California dairy that has not been treated with artificial growth hormones. The product line boasts gluten-free, vegan and no high fructose corn syrup options and they strive to use natural flavors including real cake, cookies, spices, fruits and nuts. Their entire line of frozen yogurt is Kosher certified and is awarded with the live & active culture seal by the National Yogurt Association.
Growth & Expansion:
First store was opened in Valley Village, a suburban community of Los Angeles in 2007, began franchising in 2008. The franchise now has more than 540 locations. It is the largest self-serve frozen yogurt franchise in the world! They have been featured in many prominent publications and national media: MSNBC, ABC-TV, FOX-TV, NBC-TV, Fox Business, the CBS hit show “Undercover Boss” as well as in QSR Magazine, People Magazine, The Wall Street Journal, Franchise Update, The Los Angeles Times, Chicago Tribune, Seattle Magazine, Orlando Home & Leisure Magazine, The New York Post, The Denver Business Journal and more. 90% of all U.S. households regularly consume frozen desserts. The frozen yogurt industry is thriving - it’s an $8 billion-dollar industry in the United States and its projected to continue growing!
Financing:
Seller financing available with a minimum of $100,000 down.
Support & Training:
Two weeks on-site comprehensive training, plus additional support from the franchisor.
Reason for Selling:
Change in family situation.
Franchise:
This business is an established franchise
Business Website:
http://menchies.com
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(from currently available funds)
 
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Tami Hillier

Business Listed By:
Tami Hillier

EatZ & Associates

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Sponsoring Broker:
Tom Traina

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