Business Description
Unbelievable opportunity to own a hot franchise for a great price! Using only the finest ingredients, offering freshly made smooth creamy ice cream & frozen yogurt blended on a frozen granite stone w/endless combinations of fruits, nuts, candy and much 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 & smoothies. And their new “Hot Stone” plated desserts offer classic indulgent desserts w/brownies, churros & funnel cakes served warm and sharable. Every option for every one! Plus the richest cakes, cupcakes, cookie sandwiches & pies for any occasion for take out or conveniently ordered online or by mobile phone 24 hrs/day. Highly motivated seller.
Prime retail space in Monmouth Mall is one of the
central New Jersey s leading shopping destinations, just
minutes from Jersey Shore beaches, featuring Macy s, Lord
& Taylor, JCPenney and more than 120 places to shop and
dine. In addition to the Food Court, restaurants include
Buffalo Wild Wings, Chili s, Johnny Rockets, Ruby Tuesday,
TGI Friday s, Bobby s Burger Palace and Chipotle Mexican
Grille.
Detailed Information
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Facilities:
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Leased space - rent $5,709/mth includes CAM, insurance and
taxes. Current lease expires in 2013 with one 5yr option.
Seating: Food Court. Square Feet: 640. Days/Hrs of
Operation: Mall Hours = Mo-Sa 10a-9:30p & Su 11a-7p.
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Competition:
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: Nation’s leading premium ice cream brand. Voted “Best Ice Cream” countless times. 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: Fastest-Growing Franchises: #11. Franchise Top 500 Rankings: #53 2013, #50 2012, #54 2011, #35 2010, #46 2009. America's Top Global: #46 2012, #47 2011, #29 2010, #40 2009.
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Growth/Expansion:
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First store opened 1988, began franchising 1995. Operating more than 1,400 locations in the US & 20 countries worldwide. 1st to provide online/mobile ordering, now with more than 55,000 customers it builds frequency of cake orders because it’s so easy. Continues to expand co-branded partnerships & create new products to increase sales. Currently developing a Yogurt Bar to incorporate into existing stores. Cold Stone has the highest average unit sales volume of any ice cream concept. Ice cream/yogurt is consumed by more than 90% of households. The frozen desserts industry estimated at $21 billion+.
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Financing:
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No
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Support/Training:
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80 hrs @ Store and 5 days @ Headquarters in Scottsdale,
Arizona.
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Reason Selling:
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Downsizing.
Ad#: 683259
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