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Two Yogurtland franchises are up for grabs. The Buckhead and Peachtree Corners Yogurtlands have both been listed for sale, each asking $100,000. Both froyo storefronts remain open, according to the listings, held by Steven Josovitz of The Shumacher Group, Inc. A new owner could “keep” the Yogurtland brand in place or “convert” the spaces to something else, the listing notes.
Josovitz told What Now Atlanta in an email Sunday that the Yogurtlands’ ownership is absentee and that it will take a creative restaurateur to make a concept like frozen yogurt viable during the pandemic.
“COVID-19 has killed most absentee owner-operated investments which relied on steady business,” Josovitz said. “Only hands-on and or creative owners that pivoted to [takeaway] and delivery have seen growth or survival. Frozen Yogurt is not a concept that can for obvious reasons be a delivery model.’
The Buckhead Yogurtland, at 1264 West Paces Ferry Rd NW, is 1,250 square feet and its lease is good through the end of the year with a five-year option to renew. Rent is $5,696 per month and ownership spent nearly $400,000 opening the shop initially, according to the listing.
Yogurtland Peachtree Corners, at 4880 Peachtree Corners Cir., has a similar story. Its space is 1,386 square feet with a lease lasting through Nov. 2021 with a two- to three-year renewal option. Rent is $4,435 per month and like the Buckhead store, the original owner spent nearly $400,000 to open.