The recession has impacted everything from consumer driving habits to exactly where individuals live. Nearly all of the news we hear is negative- stores are closing, more individuals are unemployed, and millions of customers are falling into debt. One industry that seems to have benefited rather than suffered from the economic crisis is frozen desserts. Yogurt makers are flying out of manufacturer warehouses into shops all over the nation. Since 2003, the frozen dessert business has grown by 16%, becoming a $12.1 billion company.
Frozen yogurt is accountable for a lot of this development. Researchers say that customers perceive it as both inexpensive and healthy, in addition to becoming much tastier than it was just five years ago. Self-serve shops are becoming much more popular, giving the full-service shops a run for their money. People pump their own frozen yogurt, mixing flavors and adding toppings, and after that pay by weight. Self-serve machines that dispense soft serve ice-cream and frozen yogurt represent a intelligent entrepreneurial move.
Simultaneously, the International Franchising Association was reporting a 10,000 decline in franchise establishments two years ago; it was also reporting development within the frozen dessert sector. Suppliers of pre-made and custom-made frozen yogurt are in higher demand these days, experiencing double-digit increases in sales. Single-unit shops represent the majority of new companies for many of these suppliers. It costs more than $400,000 to open a frozen dessert franchise but only between $3,500 and $25,000 to buy a machine.
With a number of supplies and accessories, any shop can turn out to be an independent retailer of frozen treats like frozen yogurt, soft serve ice cream, milkshakes, and smoothies. If workers do not make the yogurt or ice cream themselves, the store owner orders pre-made goods from one of several suppliers. Customers appreciate creating their desserts one-of-a-kind, so accessories like a toppings bar and syrup dispensers are suggested. Once the store is operational, it does not require numerous workers.
Having one person to weigh the desserts and take customer payments and someone else to clean and preserve the machines and keep inventory well-stocked should be sufficient. Purchasing a couple of yogurt makers and establishing shop inside a local strip mall or downtown area could be the entrepreneurial idea from the decade. A self-serve shop can be a win-win for both customers, who could make treats to their liking, and also the store owner, who is facing minimal labor specifications. How sweet it is to see a business flourish in this economy.