In A Busy 42,854 SqFt Shopping Center Anchored By Food Lion
Lumberton, NC
Asking Price: $159,000
Gross Sales: $295,000
Net Operating Income: $62,516
Monthly Rent: $2,418
Lease Expiration: 2025
Options: (Contact For)
Year Established: 2012
Owner Operated: No
Seller Financing: No
Food Type: Ice Cream/Frozen Yogurt/Gelato
Service Type: Fast Food
Business Type: Franchise
Sale Type: Business For Sale

Description:

Guests create their own combination of delicious, soft-serve premium frozen yogurt and then finish it off with any toppings they choose. Their toppings bar is stocked fresh every day with the best ingredients for a light snack, a decadent dessert and everything in between.

Offers a wide selection of menu items designed to meet all dietary needs including sorbet, dairy-free and vegan options.

Simple operation - counter service. Dine-in, carryout and catering for corporate meetings, school events, parties, family gatherings and weddings. Can also host a birthday party at the store. Also, hosts fundraising programs, spirit events and appreciation parties.

8 self-serve machines = 16 rotating flavors. Warm, family-friendly environment with their lovable mascots: Scoop and Cookie.

Well established location for over 10 years! Currently absentee owned and operated.

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 owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Business Website: https://www.sweetfrog.com
County: Robeson
Location:

Prime retail space in Center Stage, a busy 42,854 sqft shopping center anchored by Food Lion. Other popular tenants include 910 Nails, Tokyo’s Express, Hwy 55 Burgers, Shakes & fries, Shoe Show, Discount Linen & More, Big Lots, Ollie’s Bargain Outlet and Planet Fitness.

Perfectly situated in a major retail area just off the I-95 interchange and one mile from the mall. Also surrounded by a vast residential area!

Real Estate: Leased
Facilities:

Lease Information: Leased space $2,418/mth gross. Current lease expires in 2025. Square Feet: 1,200. Seating: 40 Inside & 18 Outside. Days/Hrs of Operation: Mo-Th 12n-8:30p, Fr-Sa 12n-9p, Su 1p-9p

Number of Employees: 7 Part-Time Employees
Support/Training: One week training at the Kahala Training and Education Center in Scottsdale, AZ, plus 3 days in-store training at one of their certified training stores.
Value of FF&E: Included In Asking Price.
Value of Inventory: Not Included In Asking Price.
Competition:

North America’s tastiest and “hoppiest” self-serve frozen yogurt franchise. An award winning and nationally recognized brand. Also, a unique and powerful brand with sweetFrog’s highly marketable and identifiable brand ambassadors Scoop & Cookie. Offers a proprietary line of frozen yogurts and ice cream - part of their Scoop’s Secret Recipe collections. Has the best flavors in the industry. And they are froyo innovators too, always focusing on flavor refinement, new flavors, parings and new items.

Growth and Expansion:

1st store opened in 2009, currently over 300 locations in the U.S. and more internationally. And in 2018, sweetFrog was acquired by a wholly-owned subsidiary of MTY Food Group headquartered in Scottsdale, AZ.

The frozen yogurt industry is thriving - it’s an $8 billion industry in the U.S., that is projected to continue to grow. More than 90% of all households regularly consume frozen desserts. And in a recent study, 80% of Americans prefer frozen yogurt over ice cream/gelato. An estimated 121 million servings of fro-yo are served here each year!

Seller Financing Available: No.
Reason For Selling: Time constraints.