Gross Revenue: $389,000
Rate/Sq. Ft.: $44.29
High Volume Cold Stone Creamery Marysville, WA - Lakewood Crossing!
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 495,000 sqft busy retail pavilion just off Interstate 5 and south of 172nd St. Centrally located in a growing residential and commercial area of Lakewood and Smokey Point. Currently the largest retail complex in Northern Snohomish County. Well established Lakewood Crossing features numerous shops, boutiques and national retailers such as Costco, Target, Best Buy, Petco, Office Depot, Marshalls, Payless, Linens `n Things, along with eleven restaurants including Red Robin, Bajio Mexican Grill, Mae Phim Thai, Mongolian Grill, Boston’s, Burger King, Subway, Starbucks and more. There’s also a popular children's play area. In addition, a new 910,000 sqft shopping center with Dick's Sporting Goods, Party City, Hobby Lobby, Hop Jack's, Outback Steakhouse and Bonefish along with a 723,000 sqft new housing development with eight apartment buildings and a senior living center will open later this year just across the street, bringing even more traffic and spending to this vibrant community on the northern side of Marysville. Highly confidential listing, please do not discuss with employees or patrons. Listed by Tami Hillier at EatZ & Associates
Real Estate: Leased
Building Sq. Ft.: 1,240
Lease Expiration: 12/31/2017
Employees: 12 Part-Time
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Leased space $4,577/mth includes rent, CAM, insurance and taxes. Current lease expires in 2017 with one 5-year options. Square Feet: 1,240. Seating: 15. Days/Hrs of Operation: Su-Th 11:30a-9p & Fr-Sa 11:30a-10:30p.
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: Career change.
Franchise: This business is an established franchise
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