A 540,932 SqFt Regional Outdoor Shopping Center At The Area’s Major Retail Intersection
Highland, IN
Asking Price: $18,995
Gross Sales: $228,734
Net Operating Income: $27,973
Monthly Rent: $3,903
Lease Expiration: 06/2024
Options: One 5-Year Option
Year Established: 2012
Owner Operated: Yes
Seller Financing: No
Food Type: Cafe, Ice Cream/Frozen Yogurt/Gelato, Juice Bar, Smoothies
Service Type: Fast Food
Business Type: Franchise
Sale Type: Business For Sale

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 serving all-natural fresh fruit smoothies, fresh cold pressed juices made to order with raw, whole fruits & vegetables, as well as power bowls, sandwiches, wraps, flatbreads and other cafe items under 500 calories.

Stylish bright modern interior with a friendly, inviting vibe. Simple operation - turnkey. Featuring 5 self-serve machines with 2 flavors each, hence 10 rotating flavors at any time (50 rotating flavors in all).

Well established for over 9 years!

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://redmangousa.com
County: Lake
Location:

Prime retail space in Highland Grove Shopping Center, a 540,932 sqft regional outdoor shopping center anchored by Best Buy, Burlington, Famous Footwear, Five Below, Kohl's, Marshalls, Michaels, Party City, Petco, 2nd & Charles, Target and Ultra. Perfectly situated at the area’s major retail intersection of Indianapolis Blvd and Main St with more than 40,000 vehicles driving by each day.

Other popular tenants include GameStop, For Eyes, Hair Cuttery, Massage Envy, Torrid, Vitamin Shoppe and more. Other eating & drinking establishments include Burger King, Chipotle, MOD Pizza, Panda Express, Potbelly, Qdoba, Wings Stop and Old Country Buffet.

One of Lake County's largest shopping centers!

Real Estate: Leased
Facilities:

Leased space $3,903/mth gross. Current lease expires in Jun 2024 with one 5-year option. Square Feet: 1,268. Seating: 19 Inside & 6 Outside. Days/Hrs of Operation: Daily 8a-9p. Owners Role: Owner operated, works 40 hours a week.

Support/Training: Two weeks comprehensive training in Colorado.
Value of FF&E: Included In Asking Price
Value of Inventory: Not Included In Asking Price
Competition:

America’s most loved fro-yo.” A popular retailer in the nation of patented all-natural frozen yogurt that is both nutritious & delicious. Known for their creamier texture and superior tang than the competition. Their award-winning frozen yogurt has it all - calcium, protein and live & active cultures that are good for you. Unlike other desserts that contain artificial ingredients or excessive calories, Red Mango frozen yogurt is all-natural, nonfat or low-fat, kosher and certified gluten-free. Plus, made with GanedenBC30 probiotics, a powerful probiotic that supports digestive and immune health.

Also offers over 25 varieties of fruit smoothies including all-fruit and pre-boosted options. And power bowls made with a blend of super-fruits and topped with whole fruits, coconut and granola.

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

Growth and Expansion:

A rapidly expanding retailer of all-natural frozen treats, smoothies, light foods and fresh-squeezed, ice-filtered juices. Opened its first U.S. store in 2007 in Los Angeles and currently operates over 150 locations across the U.S., Mexico, El Salvador and Uruguay.

Red Mango is also a franchise of BRIX Holdings, LLC, a Dallas-based multi brand company specializing in chains with superior products and attractive growth prospects!

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