Listing Number: 66661-83036
Our client purchased 2 licenses to operate Menchies Frozen Yoghurt franchise stores that have not been used, and he is now selling them at a substantial discount to his purchase price. Prospective operators of a Menchies franchise in the US or UK can make substantial savings by buying the licenses from our client instead of direct from the Menchies group. Menchies is the largest frozen yoghurt franchise globally, with over 400 stores in the USA alone.
Each license is partially paid, and will require an additional payment to become fully activated. Each license has a face value of US$48,000, and our client has paid for 50% of each license (US$24,000, equivalent to approximately £18,500). Our client will sell each partially paid license at £16,000, or nearest offer. Note that the buyer will then need to pay Menchies Group an additional US$24,000 to make each license fully operational, and then invest to develop a site to open as a Menchies outlet. Our client is selling the 50% paid franchise licenses only. The licenses can be used in the UK or in the USA to develop new Menchies sites.
We encourage prospective buyers to learn more about the Menchies brand, and what it means to be a franchisee, on the Menchies website, http://menchiesfranchise.com/ .
The Menchie’s business model can be summarised in one word: simple. Owners don’t have to be restaurant business gurus to run a Menchie’s. Menchie’s don’t cook, so there are no fryers or grease. Guests make their own desserts and serve themselves, eliminating two owner sore spots in the food business. Your most valuable professional assets? Aside from the necessary capital, you will need some people skills, contagious guest care mentality and a community orientation.
- Price: $16,000
- Down Payment: $16,000
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: London
- Inventory: $0
- FF&E: $0
- Employees: 0
- Reason for Selling: Poor health
- Category: Catering