Asking Price:

$199,000

Gross Income:

$372,755

Cash Flow:

$70,408

FF&E:

$150,000.00 *

Inventory:

N/A

Real Estate:

na **

Year Established:

2007

Employees:

12 Part-Time

Business Types:

Other Eating & Drinking Places
Restaurants

** not included in the asking price

* included in the asking price

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.

Prime retail space in a large retail center anchored by a great
movie theater and includes other popular tenants such as
Dick s Sporting Goods, Old Navy, TJMaxx/Homegoods,
ULTA and more. This busy center also boasts a number of
different restaurants & food establishments: Carrabba's,
Chick-Fil-A, Panera Bread, Chili s, IHOP, Firehouse Subs,
Red Robin Burgers &Longhorn Steakhouse. Several other
retail centers are just a quick drive away and feature a
SuperTarget & Lowes Home Improvement plus AC Moore,
Office Max, PetSmart and several major grocery stores.

Detailed Information

Facilities:

Leased Space Rent $3,300/mth includes CAM, insurance and taxes. Current lease expires 2017 with the option to renew. Days/Hrs of Operation: Su-Th 11:30a-10p & Fr-Sa 10:30a- 11p. Seating: 15 Inside & 30 Outside. Square Feet: 1,100.

Competition:

impose a shorter, two-year, post-short-sale waiting period, as long as the borrower is coming in with a 20 percent down payment.

Growth/Expansion:

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+.

Financing:

No

Support/Training:

80 hrs @ Store and 5 days @ Headquarters in Scottsdale, Arizona.

Reason Selling:

Downsizing.

Broker Information

Tami Hillier

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