Profitable Ice Cream & Frozen Yogurt Store at The Rogue Valley Mall

Medford, OR (Jackson County)

Profitable Ice Cream & Frozen Yogurt Store at The Rogue Valley Mall
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Asking Price: $70,000

Cash Flow: $32,500

Gross Revenue: $197,450

EBITDA: $32,500

FF&E: $190,000

Inventory: $3,000

Rent: $1,437 /Month

Established: 1995

Profitable Ice Cream & Frozen Yogurt Store at The Rogue Valley Mall

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Business Description

This opportunity is a well-established, turn-key, and profitable All American Ice Cream and Frozen Yogurt Shop® located at the Rogue Valley Mall in Medford, Oregon. The business has a long history within the mall and the communities of Southern Oregon and Northern California. The shop is currently owned and operated by local Medford residents. They have plans to move out of the area, which makes this opportunity possible.

The All American shop was remodeled and refitted with new and refurbished equipment and signage in 2014 and more has been updated since local ownership took over in 2016. It is now offered for turn-key sale to a hospitality oriented franchise partner. The franchisor, All American Specialty Restaurants of Portland, Oregon, and the current local ownership will provide complete in-store operations and management training to the new franchise owner at no additional charge.

This is a perfect family business (primary or secondary income) or an add-on business to existing local restaurant operator. It is a fun and easy product to serve that brings joy to all our customers. The asking price is well below replacement cost. The shop is profitable with a strong, loyal customer base and has seen a steady growth in sales. The Mall contract also allows for other products to be sold at this location adding even more profit potential.

Detailed Information

Location:
Medford, OR
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
785
Lease Expiration:
12/31/2021
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities and equipment were updated in February 2014 and through 2019 as needed. All equipment is owned and is a part of this opportunity. The Rogue Valley Mall is owned and managed by Brixton Rogue, LLC.
Competition:
The Rogue Valley Mall is the only destination regional mall in Southern Oregon with the nearest competing malls in Roseburg, Oregon (97 miles north) and Redding, California (149 miles south). The mall draws from a population base much greater than the Southern Oregon area, including Northern California (27 miles from the state border, and NO SALES TAX in Oregon). It also draws from areas north of Interstate 5 including the city of Grants Pass, Oregon. There are only a few ice cream and yogurt shops in the area, which makes competition very limited.
Growth & Expansion:
All American’s customers are local residents, persons working within and near The Rogue Valley Mall, and visitors to the Shopping Center. Our unique location within the mall provides predictable, daily high foot traffic exposure for new and existing sales. Promotional efforts produced by the Rogue Valley Mall also bring in potential customers and no additional advertising expenses are necessary. This is a simple, high margin business. There is little food preparation and there is no requirement for a highly skilled (and expensive) restaurant staff.
Support & Training:
Complete training will be provided from both the frachisor and the current local ownership. Continued support will be maintained through the franchisor. This business can be effectively operated by a local owner-operator on no more than 25-30 hours a week basis.
Reason for Selling:
The current owner’s are moving out of the Rogue Valley area.
Franchise:
This business is an established franchise
Business Website:
http://allamericanrestaurants.com
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Business Listed By:
CR Duffie

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