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Sunbelt of Santa Fe

Iconic Frozen Yogurt Gelato And Sorbet Shop For Sale

Albuquerque, New Mexico
Asking Price:
$250,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$404,630 (USD)
Cash Flow:
$56,228 (USD)

New owners will walk into a true turnkey, professionally managed business featuring products with broad mass appeal. This is a well-known brand closely associated with Albuquerque. All the systems, protocols, staff and brand recognition are in place to support new owners. The Seller works about five hours a week in the business, mostly from home. Olo Yogurt Studio is an independent, self-serve frozen yogurt and gourmet treat shop. Since opening in in 2010, it has become a popular Nob Hill destination. In addition to self-serve frozen yogurt, Olo offers gelato, custard, sorbet, and ice cream. Pre-packed pints, beverages, and logo gear are also available. With over 50 toppings, customers create their own unique treat.

Property information

Real Estate:

Lease

Premises Details:

N/A

Size in square feet:
1282 sq ft

Business Operation

Expansion Potential:

An engaged owner who works part or full-time in the business can expect to see the cash flow increase. Once Albuquerque’s Area Rapid Transport (ART) project is completed, it should bring more visitors to the downtown area

Competition / Market:

Olo Yogurt Studio offers Albuquerque residents and visitors a unique experience. Patrons get more bang for their buck, support a business active in the local community, and enjoy a quality, rotating selection of frozen desserts.

Reasons for selling:

Seller will pursue other, non-competing interests.

Employees:
Full Time: 1, Part Time: 7
Years established:
9

Other Information

Support & training:

Sellers will negotiate a training and transition period. In addition, new owners will also be supported by an excellent staff with high morale.

Furniture / Fixtures value:
$126,667 (USD) - included in the asking price
Inventory / Stock value:
$1,500 (USD) - included in the asking price

Contact Information

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