Gross Revenue: $262,709
Lease Rate/Sq. Ft.: $24.95
Cold Stone Creamery Casa Grande, AZ - Desert Oasis Shopping Center!
Using only the finest ingredients, offering freshly made creamy ice cream, yogurt and sorbet blended on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces and more. Their new proprietary sweet & creamy yogurt comes in low-fat/calorie flavors and includes probiotics. Every creation is made to order available in cups, waffle bowls, cones, shakes and smoothies, plus mix & go.
And their Hot Stone plated desserts offer classic indulgent desserts with chocolate chip cookies, brownies, churros & funnel cakes. Also available old fashion sundaes, coffee frappes and pre-packed quarts. Every option for every one! Plus the richest cakes, cupcakes, cookie sandwiches and pies for take out or conveniently ordered online or by smart phone 24 hrs/day. Cold Stone has the perfect cake for any occasion, customers can choose from their signature cakes, eight-layer ice cream cakes or customize their own cake or photo cake. Prime retail space in a busy shopping center at a major intersection with double signage & double exposure. Other popular tenants include Fire House Subs, CVS, Super Cuts, The UPS Store and more. Surrounded by a vast commercial and residential area. Along with a new high school just minutes away with over 2,800 students. Midway between Phoenix and Tucson, Casa Grande has grown to be the largest community and retail center of western Pinal County. Many residents here commute north to work in the Phoenix metropolitan area, or to the south to work in Tucson. It’s also strategically located at the intersection of two interstate highways (I-8 & I-10) in an area known as Arizona’s Golden Corridor. Its location, mild climate and scenic attractions also makes it attractive to tourists and winter visitors. 2016 sales up! Estimating total sales for the year at $275,000 with a cash flow of $66,000. Highly Confidential listing, please do not discuss with patrons or employees. Listed by Tami Hillier at EatZ & Associates
Real Estate: Leased
Building SF: 1,208
Lease Expiration: 8/31/2020
Employees: 7 Part-Time
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Leased space - cheap $2,512/mth includes rent, CAM, insurance, taxes and utilities. Current lease expires in Aug 2020 with the option to renew. Square Feet: 1,208. Seating: 11 Inside & 12 Outside. Days/Hrs of Operation: Daily 11a-10p.
Competition: Nation’s leading premium ice cream brand. Voted “Best Ice Cream” countless times. Offer quality, variety & choice-what customers want! Better because made fresh every day in every store, puts them in a class of their own. Industry experts categorize Cold Stone as "Super Premium." Ranked #1 in Category.
Entrepreneur Magazine: Franchise 500 Ranking #54 (2015), #50 (2014), #53 (2013), #50 (2012), #54 (2011) & America's Top Global Ranking #28 (2015), #46 (2014), #42 (2013), #46 (2012), #47 (2011). QSR Magazine: Global 30 List #19 (2013) & QSR Top 50 Ranking #49 (2011). Franchise Direct: Top 100 Global Franchises List #49 (2011). Franchise Times: Top 200 Franchise Systems #123 (2010). Also 1st Place for Craveability in the Dessert Category in Nation’s Restaurant News’ Consumer Picks 2013.
Growth & Expansion: First store opened in 1988, began franchising in 1994. For more than 25 years serving up the finest, freshest ice cream, cakes, smoothies and shakes using only the highest quality ingredients prepared on a frozen granite stone. Currently operating more than 1,400 locations in the US & 20 countries worldwide.
1st to provide online/smart phone ordering, builds frequency of cake orders because it’s so easy. Continue to expand co-branded partnerships & create new products to increase sales. Cold Stone has the highest average unit sales volume of any ice cream concept.
Ice cream/frozen yogurt is consumed by more than 90% of households. The frozen desserts industry estimated at $21 billion+.
Support & Training: 80 hrs @ Store and 5 days @ Headquarters in Scottdale, AZ.
Reason for Selling: Retiring.
Franchise: This business is an established franchise
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