Yogurt & Coffee - Arkansas’ Biggest and Best, Locally Owned/Operated

A well-known and established yogurt and coffee shop in Central Arkansas. This concept is a unique fusion of locally sourced yogurt and coffee. What makes this concept successful: Offering three of Arkansas’ BEST! 1) The largest self-serve selection of locally sourced frozen desserts (yogurt, ice cream/gelato and sorbets) along with the biggest variety of toppings. 2) National award winning - locally roasted espresso beans making every caffeine head turn. 3) The best cinnamon rolls and baked goods in Little Rock, sourced by a local bakery. Along with the best products in the country, this location is extremely clean with a spacious (3,000 sf) footprint reflecting a major facelift and professional re-branding in 2020. Strong demographics… location, location, location. Highest traffic rate in the state (50,000+ cars/day), over 300,000 residents, 230,500 daytime employees, $82,974 average household income. Insights: You don’t make money when closed. Coffee shops sell 80% by 10am and Frozen Dessert shops sell 80% after 2pm. This concept has blended dayparts together allowing for highest possible profitability. The last man standing… this location is the only self-serve dessert shop left in Little Rock. Winning the war on frozen desserts, this concept has proven itself over the last 12 years. Owners have spared no expense to be the biggest and best for a reason. It’s the only way to be competitive in a driven market. This QSR was built for the long haul, utilizing the latest cloud-based technology. Owners have implemented the industry's leading POS system with KDS features and online ordering/payments, best in class digital loyalty and gift card programs, App based security and video surveillance systems, App based temperature alarms for refrigeration components and HVAC controllers. Everything from sound systems to lighting and everything in-between have had great attention to detail. In the West Little Rock area, there are very few “go-to” places for couples, friends, families, and larger groups to meet and hangout. With an industrial and reclaimed wood design, including a stage and separate party room, this concept celebrates an environment and experience where customers return to again and again. Sellers are motivated due to health challenges • Owners will finance up to 60% • Price is negotiable based on buyer’s readiness, ability, and financial stability • FF&E estimated at $280,855 (included) • Total Inventory (Products, Disposables, Misc.) estimated $7,000 (included) • 2 weeks hands on training (included) • All SOP available in digital formats (included) • All branding/logos, marketing, and signage available in digital formats (included) This concept was created and developed to expand to multiple locations with the possibility of franchising. Location: Little Rock, Arkansas Year Established: 2010 Number of Employees: 12 Real Estate: Leased Building Sq. Ft.: 3,000 Rent: $6,875.00 Per Month Lease Expiration: 12/31/2023 Facilities: Complete FF&E list made available to serious buyers. All equipment has been well maintained, very clean and in good working condition. The leasing partner group is impeccable, well maintained buildings, landscaping, lighting and parking. This location exists on a corner suite with glass front and side with great street visibility and plenty of parking. This shopping center is the host to Bed Bath & Beyond, Men's Wearhouse, Ethen Allen, Guitar Center, Hollywood Feed. All tenants attract families with disposable incomes. Website: www.facebook.com/thecovelr/ Market Outlook/ Competition: This concept is one of a kind, which creates a strong market as the only self serve frozen dessert shop. As well as, the only full service Coffee Café in the area - excluding Starbucks (not considered competition). For the given demographics, and to the best of the owner's knowledge, this location is the only "real" coffee shop opened past 6pm in the area. Growth & Expansion: We have 3 non disclosed products that will launch this summer. Owners are constantly asked to open additional stores through out the state. Reaching retirement age and health concerns, owners have positioned the company in such way allowing new buyers to take the next steps. Mentoring and consulting for expansion could be negotiated with the seller.