Neil Hershman expands 16 Handles into a multi-state frozen yogurt chain

9 articles · Updated · Fox News · May 9

Now in his early 30s, Hershman oversees about 40 franchised outlets and six company-owned stores across Arizona, Florida, New Jersey, New York, South Carolina and Texas.
He bought his first New York City shop at 23 using $160,000 in savings and a $300,000 SBA loan, later acquiring the brand in 2022 after improving profitability and reviews.
Founded in 2008 as New York City's first self-serve frozen-yogurt shop, 16 Handles is pursuing national and international growth as the global frozen-yogurt market is projected to expand through 2034.

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