TCBY Frozen Yogurt Franchise Store in Suwanee

Suwanee, GA (Gwinnett County)

TCBY Frozen Yogurt Franchise Store in Suwanee
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Asking Price: Get Financing: $275,000

Cash Flow: $78,000

Gross Revenue: $298,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2011

TCBY Frozen Yogurt Franchise Store in Suwanee

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Business Description

TCBY is a national franchise with high brand name recognition. This is an outstanding opportunity to own a yogurt store in a stable, busy shopping center with numerous national tenants (including Super Target and Home Depot) that draws consistent traffic. Own a major premier frozen yogurt franchise brand at a significant discount to opening a new store. This store is less than five years old and is located in an affluent, dynamic and growing community. This store was opened in 2011 and revenues have increased each of the last 3 years. The seller has decided to exit the business and offer’s a new owner the business at well below the build out cost of a new unit, typically $375K or more. This store is in a very strong upscale market location, with easy customer access and good parking. The store fixtures and store equipment are in excellent condition. Everything is in total compliance with TCBY Franchise requirements.

TCBY has been in business over 35 years and continues to lead the market in nutrition, taste, and new product innovation, ensuring their customers enjoy their personally concocted yogurt and topping combinations as much now as they always have. And, the contemporary design for their locations brings a calming Zen-like atmosphere so nothing gets in the way of enjoying the perfect swirl.

This is an open and operating business. Please do not make any attempt to contact the owner, staff, management or landlord. Documentation and inspections will be provided upon request. Please contact Michael Golkin with any questions or to obtain additional information.

For more information call Michael Golkin.

Detailed Information

Employees:
6-8
Facilities:
The store is fully equipped including 6 yogurt machines. The space is 1,600 square feet, rent is $3,791.00 per month all in including CAM and taxes and there’s 5 years remaining on the existing lease. Excellent location in the shopping center with great exposure and plenty of parking in front of the store. Beautiful, well maintained store including plenty of indoor seating, outdoor seating and 2 high definition televisions. All FF&E is included in the sale.
Competition:
This yogurt store has a loyal following in the area. This is a well-known store and that has shown consistent growth operating in a great market with a large percentage of its business coming from repeat customers. There are no franchised yogurt store competitors located within a 4.5 mile radius of the business.
Growth & Expansion:
TCBY opened its first store over 35 years ago and is a category leader in the 1.7 billion frozen yogurt industry with an impressive brand awareness that’s over 90%. Frozen yogurt revenues surpassed $1.6 billion and have remained robust with projected growth in the future. Demand from the frozen yogurt stores industry will likely remain stable over the next five years, as increasingly health-conscious consumers and new markets drive growth. The store is located in Brookwood Marketplace Shopping Center which is strategically situated at the corner of Peachtree Parkway and Brookwood Parkway at an emerging focal point for retail. It is anchored by Super Target, The Home Depot, OfficeMax, and Bed, Bath & Beyond. This growing and affluent area has a very high median household income of approximately $120,000 within 3 miles. The population is expected to grow by more than 19% over the next 5 years. Immediately adjacent to Brookwood Marketplace is a Walmart Supercenter, which opened in the summer of 2014, creating a substantial critical retail mass and drawing customers from an even larger area.
Financing:
No Seller Financing Avail
Support & Training:
Both the Seller and the TCBY will provide the initial training. This will enable a new owner to become familiar with the staff, clients and business operations. TCBY training will include orientation, systems, marketing, management daily operations and reporting.
Reason for Selling:
Pursue Other Interests
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Contact the Seller

(from currently available funds)
 
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Michael Golkin, CPA

Business Listed By:
Michael Golkin

Metrobrokers Inc.

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Sponsoring Broker:
Kevin Levent


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