Creating Possibilities in the Restaurant Industry
North America’s #1 Restaurant Broker

High Volume 16 Handles Frozen Desserts & Snacks Teterboro, NJ - Teterboro Landing!

Teterboro, New Jersey
High Volume 16 Handles Frozen Desserts & Snacks Teterboro, NJ - Teterboro Landing!
Asking Price:$295,000
Gross Sales: $414,327
Cash Flow: $95,757
Monthly Rent: $8,619
Value Of FF&E: Included in Asking Price
Real Estate: Leased
Year Established: 2017
Status: New Listing

Contact Details

Contact Name: Tami Hillier

Contact Email: sales@eatz-associates.com

Contact Phone: 503-319-4626

Contact Fax: 877-481-6028

Contact Broker

Business Description

A hip high-quality self-serve frozen dessert franchise. Each shop features 8 state-of-the-art machines with 2 flavors each - hence their name 16 Handles. There are over 80 flavors in their lineup including non-dairy, no sugar added, sugar free, gluten free, soy options and soft-serve ice cream. Guests pick cup size, amount of frozen dessert, choosing from 16 rotating flavors, then load up at the self-service bar w/over 50 tasty toppings such as fresh fruit, candy and sauces.

Their menu also includes waffle bowls, shakes, frappes, real fruit smoothies, Fro-Yo hot cocoa, bottled beverages and grab & go snacks. Plus, a variety of frozen novelties such as Fro-Yo cakes, Fro-Yo sandwiches, take-home pints and toppings to-go. And everything is Kosher certified!

The store is bright & inviting with a sleek, modern design. A gorgeous interior with beautiful concrete floors, exposed ceilings and colorful walls with fun sayings.

The company is also earth-friendly only using cups & spoons that are 100% compostable.

2019 sales up 7% YTD!

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

 

Detailed Information

County: Bergen

Location: Prime retail space in Teterboro Landing, a 600,000 sqft 55-acre mixed use development 6 miles from Manhattan near the New Jersey Transit Rail Station and Teterboro Airport. This popular transit-oriented development boasts retail (including Walmart & Costco), light industrial/flex space and a “Restaurant Row” providing many dining options and nightlife to the surrounding communities. This busy 16 Handles is perfectly situated next to Chipotle, Sarku Japan, Blaze Pizza, The Halal Guys and The Habit Burger Grill. Also, just across from the parking lot from Bj’s Restaurant & Brewhouse and Texas Roadhouse. Other eating & drinking establishments include Chick-fil-a, California Tortilla, Huddle House, Panera Bread and more.

Facilities: Leased space $8,619/mth gross. Current lease expires 2027 with two 5-year options. Square Feet: 1,350. Seating: 14. Days/Hrs of Operation: Daily 12n-10p.

Competition: NYC’s #1 Fro-Yo! New York City’s first and most beloved self-serve frozen yogurt shop. The best frozen dessert franchise on the market today. A leader in their category. Serving fresh, quality, better-for-you options with all natural ingredients. Committed to innovation from new flavors to chef-inspired toppings to frozen novelties & confections to technology that rewards loyalty. A self-serve operation with clever branding, it stands out from the crowd. They bring a fresh approach to the frozen dessert retail market with a one of a kind in-store experience that centered around self-expression, quality and fun. And the self-serve aspect minimizes staffing costs while maximizing revenues by allowing for greater consumer traffic during peak hours of operation. Plus, their wide range of flavors and toppings means there’s something on the menu for everyone. 16 Handles also collaborates with great brands like Sony, Welch’s, Duff Goldman, Sugar Monster, Dannon and more to create one-of-a-kind flavors. 16 Handles is also an eco-conscious company committed to sustainability, they use biodegradable packaging & spoons, plus compost and recycle whenever possible. In addition, each store plants 16 trees a day though an ongoing partnership with Trees for the Future. Recent Recognition: * 2017 Best of Manhattan Awards for Frozen Yogurt Shop * 2016 Best of Manhattan Awards for Frozen Yogurt Shop * 2013 Rising Star Mashie (Snapchat “Snappy New Year” Campaign) * Chase Ink Commercial * Official frozen dessert sponsor of the Tony Awards

Growth and Expansion: Launched in New York City in 2008, 16 Handles has quickly grown from a local hot spot with more stores opening up and down the East Coast. It has since grown to 30+ locations across New York, New Jersey, Connecticut and Florida and is now expanding internationally. It’s a turnkey franchise that is detailed, efficient and most importantly, successful. 16 Handles has it all - exciting frozen desserts, an eye-catching store design, innovative marketing, unparalleled customer service and more. Their concept is about choice, creativity and fun: letting people pick their favor, control their portion and toppings (based on personal preferences or dietary needs). 16 Handles directly also taps into the leading market trends of self-service and healthier eating. Their stores average among the highest avg unit sales volumes in the frozen yogurt industry. They are #1 in social engagement among dessert brands. And they partner with many big names in broadcasting. 16 Handles is far from a frozen yogurt shop; they are the ultimate frozen dessert experience. Here’s your chance to be part of the rapidly growing frozen dessert market!

Support/Training: Two weeks on-site comprehensive training.

Number of Employees: 6 Part-Time

Seller Financing: No

Reasons For Selling: Too far from home.

Gross Sales: $414,327

Value Of FF&E: Included in Asking Price

 

#1 BUSINESS BROKER OF Independent AND FRANCHISED RESTAURANT OPPORTUNITIES
Contact EatZ & Associates

Interested in buying or selling a restaurant?
Give us a call at 888-971-3289 to see how we can help.

Connect With Us
Have A Question? We are here to help.

Copyright © 2019 All Rights Reserved