A 383,000 SqFt Power Center In The Heart Of The Thriving Cumberland Market Of Atlanta
Atlanta, GA
Asking Price: $75,000
Gross Sales: $327,089
Net Operating Income: $58,573
Monthly Rent: $4,260
Lease Expiration: 01/2021
Options: One 5-Year Option
Year Established: 2010
Owner Operated: No
Seller Financing: No
Food Type: Ice Cream/Frozen Yogurt/Gelato, Smoothies
Service Type: Fast Food
Business Type: Franchise
Sale Type: Business For Sale

Description:

Offering premium nonfat frozen yogurt in both tart and sweet, plus low-fat milk ice cream. Their top-quality flavor selection varies from their popular original flavor to a wide rotation of hand-crafted flavors such as pomegranate, chocolate hazelnut, coconut, plus an assortment of seasonal flavors.

Along with a huge selection of amazing toppings including 6 premium fruits like sweet mango, juicy strawberry or tangy kiwi, all cut fresh every day. Also premium dry & liquid toppings like toasted almonds, milk chocolate crunch, popping boba and natural honey. Plus natural, organic, gluten free, kosher, nut free toppings and seasonal favorites.

Other treats include customizable smoothies blended with fresh simple ingredients & 12 grams of protein, fruit parfaits & bowls, in addition to fresh fruit, shaved ice and teas. Also, take-home containers and pick-up packs.

In addition to several completely customizable catering options (full-service, drop-off or pick-up) for any business meeting, event or party.

Plus, a Pinkcard loyalty & gifting program for a free yogurt after 10 purchases and birthday. And a Pinkberry mobile app to pay, e-gift and find the closet flavors & stores.

Bight, colorful, hip, modern interior. Plus a spacious fenced in patio.

Well established location for over 10 years. Turnkey, full-time manager in place. Transfer fee and inventory included in the asking price!

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Business Website: https://pinkberry.com
County: Cobb
Location:

Prime corner retail space in Akers Mill Square, a 383,000 sqft power center located in Cobb County in the heart of the thriving Cumberland market of Atlanta. On Cobb Parkway and Akers Mill Road with over 40,000 vehicles per day.

Anchored by Bed Bath & Beyond, LA Fitness, OfficeMax, Old Navy, Party City, Petco and Total Wine & More. Other popular eating & drinking establishments include 101 Bagel Café, Blaze Pizza, Bonefish Grill, Chipotle, Chuy’s, Cinco Mexican Cantina, Chick-fil-A, Grub Burger Bar, Honey Baked Ham, Hooters, Longhorn Steakhouse, Tin Drum Asian Kitchen, Top Spice Thai & Malaysian Cuisine, Zoes Kitchen and more. Also adjacent a busy AMC Parkway Point 15-screen movie theater!

Boasts easy access to I-285 and I-75. Perfectly situated directly across from Cumberland Mall, Cobb Galleria & Convention Centre (with over 1.5 million visitors annually) and Cobb Energy Performing Arts Centre. Also near Comcast’s Southeast regional headquarters employing over 1,000 people. And a newly built residential apartment community (The Battery Atlanta) with over 500 upscale residential units is conveniently located less than 1 mile from the center. Plus, just 2 miles away is the new $622 million Atlanta Braves SunTrust Park!

Surrounded by high-end residential neighborhoods with an average household income of over $81,000 within 3 miles. And located in one of the top office markets in Atlanta with a daytime population of over 145,000 within 3 miles!

Real Estate: Leased
Facilities:

Leased space $4,260/mth gross. Current lease expires in Jan 2021 with one 5-year option. Square Feet: 1,000. Seating: 30 Inside & 18 Outside. Days/Hrs of Operation: Tu-Th 12p-9p & Fr-Sa 12p-10p.

Number of Employees: 1 Full-Time & 3 Part-Time
Support/Training: Three-week comprehensive training program at Pinkberry College in Southern California that includes a combination of classroom and in-store hands-on training.
Value of FF&E: Included In Asking Price
Value of Inventory: Included In Asking Price
Competition:

The original frozen yogurt brand that reignited the phenomenon for frozen yogurt and reinvented the category. Pinkberry uses only the best ingredients so all their products taste as good as they make one feel. Their premium yogurt is made with real milk packed with calcium & protein and real yogurt with live & active cultures. Fruit is hand cut fresh daily, never frozen, canned or in syrup. Plus, everything is Kosher certified.

Their treats are one of a kind, light and refreshing. Pinkberry is known for their distinctive products, commitment to quality, outstanding service and inspirational design. Also boasts some of the highest average unit sales volume in the industry.

Growth and Expansion:

Opened its first store in West Hollywood, CA in 2005. The demand for their swirls of yogurt was so great that Pinkberry was dubbed "the taste that launched 1,000 parking tickets" by the Los Angeles Times. Began franchising in 2006, currently over 100 stores nationwide.

Most recently, Pinkberry was acquired by Scottsdale, Arizona-based Kahala Brands™, one of the fastest growing franchising companies in the world with a portfolio of 22 quick-service restaurant brands and approximately 2900 locations in 28 countries.

With consumers focused more than ever on healthier options for a frozen treat, now is a great time to own your own frozen yogurt franchise!

Seller Financing Available: No
Reason For Selling: Seller lives in Miami and finding it too hard to operate remotely.