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Menchie's Frozen Yogurt Shop In Houston Area For Sale

Houston Area, Texas, US
Asking Price:
$125,000 Inventory / Stock included
Sales Revenue:
$292,000
Cash Flow:
$35,000

National award winning franchise specializing in frozen yogurt. Customers can customize their own frozen yogurt treat with a large variety of toppings, and enjoy custom decorated frozen yogurt cakes for any occasion.  Catering opportunities for birthday parties and special events. This shop is in excellent condition and is anchored by nearby shops such as Kroger, MOD Pizza, Chipotle, Wendy's and Taco Bell in a shopping center on the East Beltway 8.  It has 6 double-flavor Taylor yogurt machines, walk-in-cooler and walk-in-freezer, high-fidelity music system, point of sale register, seating 20 inside and has outside patio area.  The shop has been operating with a local manager and an overseas absentee owner who now needs to sell because the manager left.  Franchise fee is 6% and advertising fee of 2%.  The shop has been open about 2 1/2 years and sales have grown each year.  Training is provided by the franchisor and the Seller is willing to finance.

Property Information

Real Estate:

Lease

Lease Terms:

Expires 3/2/23 with 3 year option to renew

Leasehold Rent:

$80,400 per annum

Location:

Located in a Neighborhood Kroger shopping center.

Premises Details:

Has kitchen area, dining area, and outside patio area.

Size in square feet:
1,530

Business Operation

Reasons for selling:

Absentee owner

Trading hours:

noon to 9 PM 7 days per week

Employees:
4
Years established:
2018

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

10 year term. Royalty 6% & Adv. Fee 2%

Other Information

Support & training:

By Franchisor and seller

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller note for $65,000 payable over 60 mo. @ 6% = $1,256.63 P/M

Furniture / Fixtures value:
$82,000
Inventory / Stock value:
$3,000 - included in the asking price

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