Cold Stone Creamery Franchise w/ 3 Colorado Locations- Price Reduced!

CO

Cold Stone Creamery Franchise w/ 3 Colorado Locations- Price Reduced!
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Asking Price: $250,000

Cash Flow: $80,908

Gross Revenue: $813,693

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2006

Cold Stone Creamery Franchise w/ 3 Colorado Locations- Price Reduced!

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Business Description

Award-winning franchisor - High profit margin

The company is a retail ice cream business with three locations in the Denver metropolitan area within a thriving franchise system which has more than 1,000 locations across the country and a presence in nearly 30 markets internationally. For over a decade, these franchise locations have been offering guests a unique and highly personalized ice cream experience

Doing business for 30 years, the award-winning Franchisor has become a national institution, beloved for offering the Ultimate Ice Cream Experience. Their executive team has invested significantly in ongoing education, training and has an entire team devoted to helping franchisees market their business, meet financial goals and support them in every aspect of growing the business long-term. The Franchisor has an iconic business model that has helped hundreds of entrepreneurs realize their potential of small business ownership while bringing the joy of artisanal, super-premium ice cream to their communities.

The average American eats about 23 pounds of ice cream a year, which is the world’s highest per capita consumption according to the International Dairy Foods Association. Due to an unending demand for the commodity of ice cream, the franchise company has remarkable staying power, being not only a sound investment with tremendous support from the parent brand and an exceptional product, but it’s also a fun business to own.

The new buyer will be getting all three locations at a very attractive price compared to the total investment required to start one of these franchises from scratch, which can reach almost $500,000.

Purchase Considerations:
* Unique product and customer experience
* Strong brand recognition
* Consistent high gross profit margins (~78%) over the past 3 years
* Franchisor’s wide product portfolio allows the 3 stores to expand the customer base and offset the losses from one product category with benefits obtained from the other.
* The strong online presence of the brand on different social networking sites reinforces customer engagement.
* The locational advantage of both stores improves the competitive positioning in various ways, such as lower cost, improved accessibility and enhanced brand image in the local community.
* Super premium product quality, which increases brand loyalty and the stores’ performance in a competitive market.
* Diverse revenue streams including in-store sales, corporate and social events, fundraisers, and established partnerships with local businesses.
* Stores are being sold at an attractive price compared to the total investment required to set-up a new franchise store.
* Combining the locations (1-1.5 miles from each other) leads to realized operational savings in personnel, inventory and utility costs.
* Changing demographics and the expected exponential growth in the population in the area should boost sales in the long haul.

The owners are seeking to sell 3 franchise locations for $250,000

To learn more about this business, please click on the following link: https://listing.raincatcher.com/listing/ice-cream-franchise/
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Detailed Information

Employees:
8-12
Facilities:
Leased – * Location #1: 1,300 Sq.ft. * Location #2: 800 Sq.ft. * Location #3: 1,000 Sq.ft
Competition:
In a nation where 98 percent of people keep ice cream in their freezer 4, the Franchisor has solidified itself as a fan favorite in the U.S. ice cream industry. It is a thriving franchise system with more than 1,000 locations across the country and a presence in nearly 30 markets internationally. Over the past 3 years, the company saw an increase in the number of franchise owners joining the system.
Growth & Expansion:
North America Ice Cream market is forecasted to grow at a CAGR of 0.9% during 2019-2023 to reach USD 10.558 billion by 2023. Driven by growth in per capita disposable income, as well as increases in both per capita sugar and sweetener consumption and per capita dairy consumption, ice cream stores have experienced strong growth over the five years to 2019. With a desire for desserts and more money in hand, consumers have left the ice cream gallons at the supermarkets, instead opting for the fresh-scooped cones or bowls offered at their local ice cream shops. Overall, revenue for the Ice Cream Stores industry is expected to increase an annualized 1.8% 2014-2019 to reach $5 billion.
Support & Training:
The Franchisor's executive team has invested significantly in ongoing education, training and has an entire team devoted to helping franchisees market their business, meet financial goals and support them in every aspect of growing the business over the long-term.
Reason for Selling:
Owners are absentee; one lives out of state. Hard to manage and put in the time
Franchise:
This business is an established franchise
Business Website:
http://listing.raincatcher.com/listing/ice-cream-franchise/
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Contact the Seller

(from currently available funds)
 
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Brian Loring, CBB, CVB

Business Listed By:
Brian Loring

Raincatcher

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Sponsoring Broker:
Keith Marlow

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