Gross Revenue: $737,000
Rate/Sq. Ft.: $43.11
High Volume Cold Stone Creamery Brooklyn, NY – Sheepshead Bay!
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. This store is also Kosher certified! Turnkey operation. Prime retail space in Sheepshead Bay just minutes from the water. Across from the busy UA14 IMAX & RPX Theater and adjacent to Jordan's Lobster and TGIF. Ample parking. Sheepshead Bay is, a thriving neighborhood on the northern side of the bay near Coney Island and opposite Manhattan Beach. Everything is within walking distance and a trip to the New York city is just a train ride away. Boasts many restaurants, cafes, shops and markets. Visitors from around the Tri-State Area come down to stroll along the bay, shop, dine, fish and take a boat ride. 2016 sales up 11% YTD. Projecting $737,000 total sales for 2016 with a minimum cash flow of $125,000 for an absentee owner! Highly Confidential listing, please do not discuss with patrons or employees. Listed by Tami Hillier at EatZ & Associates
Real Estate: Leased
Building Sq. Ft.: 2,200
Lease Expiration: 12/31/2017
Employees: 1 Full/10 Part
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Leased space $7,903/mth includes rent, CAM, insurance and taxes. Current lease expires 2017 with the option to renew. Square Feet: 2,200. Seating: 24 Inside & 24 Outside. Days/Hrs of Operation: Su-Fr-Sa 12n-10p & Sa 12n-12m.
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 Scottsdale, AZ.
Reason for Selling: Time constraints.
Franchise: This business is an established franchise
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