After completing the acquisition of the CherryBerry and Yogli Mogli yogurt café concepts in January, in late February, Henderson, Nevada-based U-Swirl Inc. reported that its subsidiary, U-SWIRL International has acquired the business assets of Fuzzy Peach Franchising, LLC., a Wilmington, North Carolina-based self-serve frozen yogurt chain with 17 Fuzzy Peach Frozen Yogurt locations presently operating in North Carolina, South Carolina, and Virginia. "The completion of this acquisition increases the size of U-Swirl's store base by six percent, to a total of 286 units in 38 states," noted Ulderico Conte, CEO of U-Swirl, Inc. "This acquisition provides us with increased exposure in the southeastern U.S., where we aim to increase our presence and operating efficiencies.” He pointed out that the self-serve frozen yogurt market is extremely fragmented and he feels that consolidation is necessary for the future success of the industry. U-Swirl intends to play a role in this process as it continues with its aggressive acquisition and growth programs. In addition to the recent acquisitions of frozen yogurt chains, U-Swirl is planning new store openings by franchisees under the U-Swirl, CherryBerry and Fuzzy Peach brands. Currently there are about 32 locations in various stages of development and the company expects to add 15 to 25 openings under current brands in the next 12 to 18 months. Then in March, U-Swirl announced that its wholly-owned subsidiary, Moxie Consumer Products, LLC, which was created for the purpose of selling beverages, toppings, and other consumer products, has acquired the business assets of Moxie USA, LLC. Moxie USA LLC is a Henderson, Nevada-based company is currently distributing beverage and gummies products in 15 states. The acquisition of all intellectual property and worldwide license rights includes the rights associated with national, regional, and local distributors that are currently purchasing beverage and candy products. Rob Chang has been appointed Chief Operating Officer of Moxie Consumer Products.
CATEGORY: Self Serve
Chain Name: U-SWIRL Frozen Yogurt
Company Name: U-Swirl Inc.
Street Address: 1175 American Pacific, Suite C, Henderson, Nevada 89074
Tel: 702/586-8700 Fax:
Email: info@u-swirl.com Website: www.u-swirl.com
Menu Specialty: Up to 20 non-fat frozen yogurt flavors with up to 70 toppings including fresh fruit, sauces, candy and granola sold by weight.
Introduced:
No. of Locations: Over 285 locations in about 38 U.S. states, Canada, Pakistan and Turkey
Areas of Operation: Worldwide
Types of Location:
BusinessType (corp., franchise, jv): Public Company, Franchise, Licenses, Co-branded and Corporate owned units
Size Req’d:
Special Requirements (patio, drive-thru, etc):
Contact Name: Henry ‘Hank’ Cartwright - Chief Marketing Officer
Rico Conte – CEO
Terry Cartwright - COO
REAL ESTATE REPRESENTATIVES:
FRANCHISE REPRESENTATIVES:
PARENT COMPANY: Majority owned by Rocky Mountain Chocolate Factory Inc., 265 Turner Dr., Durango, Colorado 81303 tel: 800/438-7623 fax: 907/259-5895
Related Chains: CherryBerry, Aspen Leaf Yogurt, Yogli Mogli, Yogurtini, Gracie Blue, Josie’s Frozen Yogurt, Fuzzy Peach Frozen Yogurt
Last Report: Restaurant & QSR Expansion Report #112 Last Update:
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