This Retail Property is Off-Market.

2831 Clarendon Boulevard
Arlington, VA 22201 ·

900 SF · Retail For Sale

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Red Mango Yogurt Franchise

Price N/A Property Sub-type Street Retail
Building Size 900 SF Property Use Type Business For Sale
Property Type Retail Commission Split 5%
Listing ID: 17944893 Date Created: 12/10/2012 Last Updated: 05/31/2013

Description

Reduced! Established Red Mango premium-brand yogurt franchise on a busy street in Clarendon, near metro. Lots of pedestrian traffic, strong sales history, 7 years remaining on lease plus a five-year option. Annual sales of $500,000+ in 2011 . Currently a full-service location, but the franchisor will contribute to making this self-serve. This reduces staffing and sales generally increase 25% with conversion. The build out on this store was approx. $400,000, so do not miss this opportunity to get a fully-built store with loyal customers at a great price!

Not familiar with Red Mango? In 2011, Zagat ranked their product #1 in two categories: "Best Smoothie/Frozen Yogurt" and "Top Healthy Options within the Quick Refreshments Chains". Red Mango frozen yogurt is all-natural, nonfat or lowfat, and certified gluten-free. It is served with fresh toppings like fruit, granola, nuts, cheesecake bits, cereals and more. Also on the menu are fresh fruit smoothies, fresh fruit parfaits, and frozen coffee chillers. Click the link above to go to the corporate website for additional information on the Red Mango story.

Street retail in Market Common in Clarendon. Franchise has exclusive on yogurt sales for the project. This project is located in an area with other businesses catering to a healthy lifestyle. Whole Foods operates just a couple of doors down, and the Red Mango owner estimates 9 gyms in the area. Click on the "Demographics" link to the right to see more information on the local consumer.

This is an exclusive listing of the Jobin Realty Springfield Office. Loopnet will not allow two phone numbers and automatically deletes my cell phone when I post it in the body of the listing. Best way to reach listing agent quickly is via email contact button, but of course, the office number posted is required by Virginia law.

Research

2831 Clarendon Boulevard, Arlington, VA 22201 (Arlington County)

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