A Dominant Neighborhood Shopping Center Anchored By LA Fitness, Rite Aid Pharmacy & PetSmart
North Babylon, NY
Asking Price: $39,000
Gross Sales: $402,480
Net Operating Income: $50,000
Monthly Rent: $7,820
Lease Expiration: 03/2022
Options: Two 5-Year Options
Year Established: 2012
Owner Operated: No
Seller Financing: No
Food Type: Cafe, Frozen Yogurt, Smoothies
Service Type: Fast Food
Business Type: Franchise
Sale Type: Business

Description:

Offering delicious award-winning frozen yogurt made with calcium, protein, live active cultures and probiotics that can be paired with an array of tasty toppings. They have it all - natural, low-fat, non-fat, gluten-free, dairy-free and vegan frozen dessert options. Also serve amazing Acai bowls, fruit & yogurt parfaits, all-natural fresh fruit smoothies, ice-filtered juices made with raw, whole fruits & vegetables, as well as sandwiches, wraps, flatbreads and other cafe items under 500 calories.

Stylish bright modern interior with a friendly, inviting vibe. Simple operation - turnkey. Featuring 6 self-serve machines with 2 flavors each, hence 12 rotating flavors at any time.

Well established location for over 7 years!

Feel free to stop by the location first. This is a highly confidentially listing. If interested, contact EatZ for more information. Showings by appointment only.

Business Website: https://redmangousa.com
County: Suffolk
Location:

Prime retail space in Sunset Plaza, a dominant neighborhood shopping center anchored by LA Fitness (just opened last year without a smoothie bar!), Rite Aid Pharmacy and PetSmart.

Along with A One Cleaners, Avenue Stores, Citibank, GameStop, GNC, H&R Bridal, IBeauty Supply, Fashion Nails & Spa, Park Ave South Salon, PM Pediatrics Management Group, Romar Jewelers, Stand Up MRI, Sunset City Eyewear, Sunset Wines, Teacher’s Federal Credit Union, The Athlete Shop and United States Postal Service.

Other popular eating and drinking establishments include Buffalo Wild Wings, China Buffet, Maracas Southwest Grill, Philly Pretzel Factory, Pizzaiola Restaurant, Starbucks and Wendy’s.

Located at a key intersection directly off Deer Park Ave, one of the major north-south thoroughfares on Long Island. A major center for national retail chains in the area. Serves as the primary community gathering place. Approx. 135,000 people live within a 3-mile radius of Sunset Plaza. The average area income for a single family is more than $107,000.

Real Estate: Leased
Facilities:

Leased space $7,820/mth gross. Current lease expires in Mar 2022 with two 5-year options. Square Feet: 2,640. Seating: 20-25. Days/Hrs of Operation: Daily 8a-10p.

Support/Training: 10 days: 5 days @ corporate training location in NY and 5 days @ store.
Value of FF&E: Included In Asking Price
Competition:

An established leader among frozen yogurt and healthy eating franchises. "America's most loved fro-yo." Unlike other desserts that often contain artificial ingredients or excessive calories from fat and sugar, Red Mango frozen yogurt is all-natural, nonfat or low-fat and certified Kosher and gluten-free. Also has a more diversified menu than its competitors with its café items, Acai bowls and line of super smoothies & fresh squeezed juices.

Been named the best frozen yogurt in Los Angeles, Seattle, Las Vegas, Chicago, Utah and New York by many highly regarded independent publications.

Growth and Expansion:

The most popular retailer in the nation of patented all-natural frozen yogurt that is both nutritious and delicious. Opened its first U.S. store in 2007 in Los Angeles and currently operates more than 200 stores nationwide as well as over 100 worldwide.

With more and more consumers realizing the importance of a healthy diet and lifestyle, there's never been a better time to own a Red Mango Yogurt Café Smoothie & Juice Bar franchise.

Seller Financing Available: No
Reason For Selling: Other interests.