Over the past ten years, the growing desire for healthier dessert options has led to steady expansion in the frozen yogurt sector. The location, target market, and level of competition are just a few of the variables that affect a frozen yogurt business's income and profitability.
Industry statistics show that the average frozen yogurt shop may bring in anywhere between $200,000 and $450,000 per year. This figure is mainly dependent on the criteria mentioned above.
For instance, a frozen yogurt store in a busy city like New York City can make up to $1 million a year in sales because of its high demand and dense population. On the other hand, a small town with less people and customer demand can bring in less revenue.
The cost of starting a frozen yogurt shop and its management effectiveness are other factors to take into account. The bottom line is that a frozen yogurt business can succeed with careful planning, market analysis, and effective marketing approaches.