Eleven franchised yogurt stores in New York City being sold individually at 12% of their annual revenue. The asking price on this listing is an average of the prices we have available and the annual store revenues range from $528,000 to $1,215,000 over those 11 locations. Leases for each store have been extended and are available for assignment or sub-lease. For over 10 years, this franchise has offered their customers a taste of freshly made yogurt and toppings. The ingredients and the care they take in making their food fresh makes them a truly one-of-a-kind taste experience and sets them apart from the competitors.
Each of the stores have been owned by the franchise company for a over a year and have had no direct ownership involvement or supervisor. Each seems to be under-performing on both top-line revenue basis and cost control basis. Each location has been operated with an absentee owner and current has a manager in place.
The brand and the menu offerings continue to evolve as the industry changes. From decor enhancements to additional menu items, they are constantly moving forward with new ways to grow the business. As a proven brand with sold brand awareness, they are committed to meeting the ever changing demands of the customers.
The franchisor is proud of their extensive support and training they provide to their franchisees. The tested operating system and industry experience enables them to keep operating costs as low as possible. They understand operating this franchise is not like flipping a switch, so they have developed a unique support structure that gives you the best opportunity to succeed.
The financial numbers being provided are average numbers for the group of stores being offered.
The stores are being sold individually and are all located in New York City. A 6% royalty will also be paid monthly but may be negotiable over the first 6 months of operation.
Currently owned by the franchise company. They are franchisors and not operators.
Will train for 4 weeks @ no cost.