61-47 188th Street
Fresh Meadows, NY, 11365 $ 99,000
Baths0.0 Sq 1,213 Monthly Estimate*
$ 658
Studio
for $99,000. This building is 1,213 square feet.
SWEETEST DESSERT SPOT DEAL $99,000! Welcome to the sweetest business opportunity in Queens, NYC! If you're looking for a profitable and established franchise, then Red Mango Fresh Meadows is the perfect most ideal location and business with a thriving Red Mango Yogurt & Smoothies store in one of the most sought-after and vibrant neighborhoods of Fresh Meadows! With over 200 locations nationwide, Red Mango is a very popular franchise that offers an array of frozen yogurt flavors, smoothies, coffee, and all types of healthy options. This profitable Red Mango Franchise location has been established since 2008, with over 15 years in business. Located in the bustling Fresh Meadows Shopping Plaza on 188th St, this business offers a prime storefront location with excellent visibility and high foot traffic. Fresh Meadows Shopping Plaza features a massive parking lot and is anchored by nearby giants including Starbucks, Boston Market, Qdoba, FiveGuys, AppleBee's Grill + Bar, AT&T, CVS, KOHLS, HOOTERS, AMC, USPS Post Office and many more! Inside the store front is trendy and renovated with great aesthetics, while also providing ample square footage space for comfortable seating and an inviting atmosphere for customers to enjoy. The store has been well managed and consistent in generating revenue, grossing over $750K+ in sales for 2022 (a jump from $657K sales in 2021). Sale will include favorable lease renewal terms, all equipment owned (including 4 Taylor Water Cooled yogurt machines, commercial fridges, POS system and other equipment), and hands-on training for a smooth transition to new owners! Red Mango is a simple-to-run franchise concept with franchise royalties of only 6% of sales, and the marketing fee is just 3% of sales. You'll also get the benefit of a major brand with all their ad spend, promotions, and marketing initiatives done for you to drive continuous business growth! The business owner has spent and invested over $300K+ for build out, franchise fees, and equipment for this storefront. This sale isn't just about the well-established franchise business - it's also about location and community! Fresh Meadows is a vibrant, diverse community that celebrates local businesses and values quality products and services. This Red Mango yogurt store in this neighborhood is a beloved gathering place for families, students from elementary, middle school, Franchise Lewis High School, St. Francis Prep, ST Johns U, and professionals alike. Plus, with a growing demand for healthy, delicious options, the industry has seen steady growth. An opportunity like this does not come often, and to get a store that is already established with a loyal customer base and ideal location is a rarity. If you're an entrepreneur looking to take advantage of a proven business model, a supportive franchisor, and a prime location, then don't miss out on this sweet opportunity!
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* Excluded FeaturesList ByKeller Williams LegendaryBroker
Affordability Calculator
- Monthly Principal & Interest
- $658
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Fresh Meadows, NY
Average List Price $1,879,750
Percent of Sale Price 1,799%
About Fresh Meadows, NY 54,557 Population
0% Since 2002
$ 0 Median Income
0 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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1/22/2024 | $99,000 | -33.56% | Price Down |
11/3/2023 | $149,000 | -25.50% | Price Down |
3/14/2023 | $200,000 | | Listed Price |