A 540,932 SqFt Regional Outdoor Shopping Center At The Area’s Major Retail Intersection
Highland, IN
Asking Price: $89,000
Gross Sales: $338,000
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: Ice Cream/Frozen Yogurt/Gelato, 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 8 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: 10 days: 5 days @ corporate training location in NY and 5 days @ store.
Value of FF&E: Included in Asking Price
Value of Inventory: Not 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 and 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. #1 Zagat-rated all-natural frozen yogurt and smoothies.

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.