Top Tier Income Yogurt Shop in Booming, High Growth Community

Lexington County, SC

Top Tier Income Yogurt Shop in Booming, High Growth Community
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Asking Price: $399,000

Cash Flow: $123,543

Gross Revenue: $523,451

EBITDA: N/A

FF&E: $110,000

Inventory: $7,000

Rent: $3,255 /Month

Established: 2012

Top Tier Income Yogurt Shop in Booming, High Growth Community

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Business Description

Your golden opportunity to acquire an established, turnkey and profitable business with tremendous community following and well trained staff. This business is a highly recognized dessert and party destination in a booming suburb of Columbia. *No Restaurant Experience Required By Franchisor*.

Shop guests enjoy the Mix, Weigh, Pay method of self-serve frozen yogurt fun by helping themselves to franchise specific flavors and fresh toppings. The store has a stellar reputation due to their constant involvement in key community events and fundraisers. This particular franchise location maintains a 4.5 star internet review rating and has won many ‘Best Of” awards from their leading community magazine.

This location is adjacent to several big brand stores and chain restaurants. Visibility of store front and outdoor patio from the main road is fantastic. This centrally located shop has a super-convenient traffic light entrance with ample parking for customers. 2017 traffic counts were 36,000 or more vehicles per day.

1st Quarter 2019 sales are up 18% over 2018 while profits are up 54%. Revenue and cash flow listed are from 2018. A buyer’s return on investment is quickly achievable with this manageable and high cash flow global franchise location.

Detailed Information

Location:
Lexington County, SC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility has approximately 1800 square feet with a bonus large outdoor seating area and favorable lease terms. Lease has a 5 year option Business was started in 2012 by the current owners and has grown tremendously every year since. The owners invested in a large Franchise spec build out and purchased all new equipment and furnishings resulting in a very attractive and fun space. They also went beyond the standard store design and added an extremely functional outside patio and private indoor party room. The Franchise concept focuses on a family friendly environment with music played from their licensed satellite radio station. The space is free of TVs to allow guests to enjoy more genuine interactions with their friends and loved ones. The owners have applied tremendous effort into the business, making it a magnet for families and children in the community. They ensure that every team member delivers and reflects the company's vision statement. The owners have been recognized by a local magazine as leaders in the community and the business has won numerous awards. In addition, the business has recieved 4.7 out of 5 Stars on over 250 Google reviews.
Competition:
Franchise has over 400 stores nationally as well as many internationally making it the Largest Self Serve Frozen Yogurt Company in the world. This location was rated in the top 10% of all stores Regionally (Florida, Georgia, Mississippi, Louisiana, Tennessee, North Carolina and South Carolina) as well as top 10% of all stores nationally. The Franchise's marketing efforts are extensive and revolve around featured flavors and co-promotions with large name brands like Oreo and Hersey.
Growth & Expansion:
The restaurant is on a heavily traveled section of a main thoroughfare and benefits from direct visibility of guests enjoying outdoor seating. It is close to major highways and interstates and is surrounded by larger, big-draw tenants. Rapid development of this area is evident in the high count of new schools and vast neighborhood construction. This prime location is in close proximity of three large high schools and several primary schools.
Support & Training:
1 week
Reason for Selling:
family
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Barry Johns

Business Listed By:
Barry Johns

TransWorld Business Advisor of Columbia West

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