PITTSBURGH, PA--(Marketwired - January 06, 2016) - Ablak Holdings, LLC, the Pittsburgh-based holding company that specializes in the acquisition, operation and growth of franchise businesses today announced that it has acquired the assets and franchisor rights of Pittsburgh-based Sincerely Yogurt®. Founded in 2009 by a man determined to bring a healthy, fun and community-focused alternative to traditional frozen desserts, the self-serve healthy yogurt franchise has 23 locations including PNC Park and Mexico. With uniquely low start-up and operating costs and proven profitability, Ablak Holdings CEO Varol Ablak envisions growing the franchise regionally, nationally and internationally.
"With nearly 30 years of experience and more than 100 franchisees under our belt, we've helped entrepreneurs reach financial and personal wealth they once thought unattainable," said Ablak. "We've been looking for the right high quality franchise product to bring to aspiring entrepreneurs and seasoned franchisees and we've found it with Sincerely Yogurt. Sincerely Yogurt is not only ultra-healthy and community-focused with part of each new location's grand opening proceeds benefiting charity, but with low start-up costs it's one of the most cost-friendly franchise opportunities available."
While financial terms of the deal were not disclosed, all franchise locations and employees will remain and benefit from Ablak Holdings' proven track record of helping entrepreneurs start, grow and sell franchise brands. In addition, Sincerely Yogurt's head of operations will work for Ablak Holdings in a similar role.
With no artificial flavoring or additives, Sincerely Yogurt offers 10 low-fat or non-fat yogurt flavors at a time, rotating them among 120 different options. In a fresh and fun environment, customers can customize their yogurt with about 40 different toppings, ranging from healthy fruit to popular candy. Serving the health conscious and the kid-in-all-of-us alike, Yogurt's menu has a variety of nutritional and meal replacement smoothies as well as Oreo ice cream sandwiches and brownie sundaes.
Founded in 2009 by John Majors, the franchise was acquired In June of 2014 by local business partners Michael Mathias, Craig Cozza and Fernando Esquivel.
"We are confident that with Sincerely Yogurt will continue to flourish for years to come under the proven leadership of Ablak Holdings," said Michael Mathias.
About Ablak Holdings, LLC.
Ablak Holdings is a Pittsburgh-based holding company founded in 2009 by entrepreneur Varol Ablak after decades of experience in starting, growing and acquiring franchise businesses. After venturing out as a franchisee himself in the 80's, Ablak became a franchisor in 93' and has since helped grow the Vocelli Pizza restaurant chain to more than 100 locations in six different states and two countries, including Pittsburgh and the Washington D.C. area. With experienced marketing, logistical and operational staff in-house, Ablak Holdings now has a total of four franchise brands, streamlining all aspects of franchise management.
In August of 2013, Ablak holdings announced the acquisition of its second franchise brand, Rock 'n' Joe Coffee, to further maximize the talent and economies of a multi-brand franchisor. Today, Ablak Holdings continues to acquire or develop more businesses to franchise including: Sincerely Yogurt®, a high quality self-serve frozen yogurt; V3 Flatbread Pizza, a fast-casual pizza restaurant; and Zing Basket, a delivery service of groceries, organics and more.
About Sincerely Yogurts®
Sincerely Yogurt® opened its first location in Cranberry Township, Pennsylvania in 2009, based on one man's passion for health, giving back, and serving the community. From the beginning, the company's mission has been to go beyond the traditional self-serve frozen yogurt shop by providing a healthy alternative to frozen dessert, including smoothies that can serve as a meal replacement. Today, with 20 locations in Pennsylvania, two in Ohio and one new location in Mexico the brand's success proves that everyone has room for the do-it-yourself healthy yogurt.
Focused on community, Sincerely Yogurt® locations donate part of their proceeds of their grand opening to the Children's Hospital of Pittsburgh Foundation. Throughout the year, awareness campaigns and fundraisers are put into effect in all stores for customers to participate in, too.