Shumon Alam
Cypress, TX (USA)
Role(s):
Founder/Owner/Principal
YSO-LLC
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Startup
Location:
Cypress
Industry:
Food Service/Restaurant
Year Founded:
2015
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
YSO LLC (franchisee) will lease, develop and operate a licensed franchised ice cream shop of Marble Slab Creamery (franchisor). This single retail shop will sell Marble slab ice cream and related products, all manufactured by the franchisor under its name.
Revenue will be primarily from the sale of famous Marble slab ice cream, low fat yogurt, sorbet and related products. Sales are anticipated to be $300,000 in the first year and to increase at an average annual rate of 5-8 % per year in the first five years of operation.
The franchise will be located in Lakeland Village Center at 10531 Fry Road, Cypress, TX 77433. This complex is a 20-acre center with 84,000 SF of mixed-use development with restaurants, retail and professional and medical offices. This shopping center is located in a very affluent neighborhood, with estimated current population of 247,265 within 5.8 mile radius and with avg. household income of $100,327. Project costs are projected to be $315,000 which includes leasehold improvements (build out of the shop), equipment purchases, opening inventory, and working capital needs. Included in the cost is $100,000 cash invested by the partners of the LLC. The principals are seeking to finance the remainder of this project through a local lending institution or investor.