Posted: 2/5/2014 8:31:48 AM EDT
| Should I open a Fro-yo store? |
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I predict this will be the best answer in the entire thread. Quoted:
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You should slam your dick in a car door for calling in "fro-yo" yep. go ahead OP. five years from now you'll probably be able to trade the franchise for an almost-functioning, fixer-upper washer and dryer set. it'll be a great investment. |
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Invent a time machine first and go back to before the market flooded with them. Although if you are in a decently populated area and there isn't one within 20 miles of you... wouldn't hurt to draw up a business plan. What is your average winter temperature? town of 30k, nearest is 30 min drive in any direction. Cold winters but that doesn't stop the ice cream places from doing well. |
| too trendy to last. Bubbletea was a big opportunity but it fizzled quickly in the areas that tried to pick it up. Coldstone died out after a good run too. So it depends on how long you want to run it and if you can sell it still at the height before the value tanks. |
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town of 30k, nearest is 30 min drive in any direction. Cold winters but that doesn't stop the ice cream places from doing well. Quoted:
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Invent a time machine first and go back to before the market flooded with them. Although if you are in a decently populated area and there isn't one within 20 miles of you... wouldn't hurt to draw up a business plan. What is your average winter temperature? town of 30k, nearest is 30 min drive in any direction. Cold winters but that doesn't stop the ice cream places from doing well. Very possible. I don't really think the market is flooded in certain areas. I moved to a big city that had one within five minutes of wherever you were. In my hometown you couldn't find one for over sixty plus miles.  I like the stuff personally but it is stupid expensive .
As far as being a good investment though, probably gonna need to do a lot of due diligence before you pull the trigger. I've seen a fro-yo franchise struggle in a large college town, losing out to the traditional is cream places. On the other hand I've seen a different town have two fro - yo places on the same block that are packed while the cold stone was completely empty. |
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My family loves me to take them to a frozen yogurt shop. The place is hopping on a Friday/Sat evening or summer afternoon. But I drive by on my commute each day and see the place empty and all I can think about is the lease payment he's got to make each month for a shop that is dead 75% of the time.
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too trendy to last. Bubbletea was a big opportunity but it fizzled quickly in the areas that tried to pick it up. Coldstone died out after a good run too. So it depends on how long you want to run it and if you can sell it still at the height before the value tanks. They're still putting up new ones around here. Usually coupled with Tim Horton's. Seem to be doing well, also.
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Quoted: My family loves me to take them to a frozen yogurt shop. The place is hopping on a Friday/Sat evening or summer afternoon. But I drive by on my commute each day and see the place empty and all I can think about is the lease payment he's got to make each month for a shop that is dead 75% of the time. Amazing markup on that stuff, though. All in on an average serving that costs $5 is about $.50 of product with toppings. Still need a large volume on the weekends and plan staffing really well during the week to make any money at it. |
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Amazing markup on that stuff, though. All in on an average serving that costs $5 is about $.50 of product with toppings. Still need a large volume on the weekends and plan staffing really well during the week to make any money at it. Quoted:
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My family loves me to take them to a frozen yogurt shop. The place is hopping on a Friday/Sat evening or summer afternoon. But I drive by on my commute each day and see the place empty and all I can think about is the lease payment he's got to make each month for a shop that is dead 75% of the time. Amazing markup on that stuff, though. All in on an average serving that costs $5 is about $.50 of product with toppings. Still need a large volume on the weekends and plan staffing really well during the week to make any money at it. They only need one or two people as staff to keep the machines filled. The weight pricing is hilarious when a parent is texting or something, the kid is loading a cup with all the heavy toppings, and the yogurt for one kid is about $8. The    when the parent finally notices is priceless.
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Quoted: There's already one on every damn corner...... Quoted: Quoted: You should open a subway There's already one on every damn corner...... Yeah they are everywhere but have you ever seen a Subway go out of business? I haven't. There is one that just opened up that is in an isolated location. I'll be watching it to see if it makes it. |
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You should open a subway There's already one on every damn corner...... http://i395.photobucket.com/albums/pp39/darthramza/Foghorn-Leghorn-Thats-a-joke-son-You-missed-it-Flew-right-by-ya.jpg Guilty as charged! But you would not beleive the people I have heard talking about wanting to get a Subway franchise
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Be very careful. Location is really critical. We set up two stores inside a larger grocery chain - sounded great. Proximity to schools, lower costs because it wasn't a free standing building - yeah.
It's been a hard fight to keep those stores alive. Marketing hasn't made much difference and the bottom line is they suck. Cost of inputs is cheap, but it won't matter if you're throwing 1/2 a batch out every 4-5 days. You have to sell a lot of $5 yogurt to make those bastards run. If you ask me, stay the hell away from Fro-Yo. |