Cold Stone Creamery South Elgin, IL-Busy Shopping Center! (ID: 1096729)

FINANCIAL DETAILS
Asking Price: $89,000
Gross Revenue: $230,086
Cash Flow: $40,500
Inventory: $4,000 ++
Real Estate: n/a **
FF&E: $150,000 ++
Business Listed by LISTING BROKEREatZ and Associates
Contact Broker:Tami HillierEatZ and AssociatesView All of My Listings
Listing Tools
Cold Stone Creamery South Elgin, IL-Busy Shopping Center!
Contact Business Seller All fields are required
Yes, I would like to receive the BizQuest Buyer's Newsletter. Yes, I would like to receive a daily email summary of new Illinois Food and Beverage listings.

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 & 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 with brownies, churros & funnel cakes served warm & 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.Catering also available! 2012 sales are up 11% year over
year!

Prime retail space next to Panera Bread and Starbucks and
across from the Jewel Food Store in the busy Kohl s
shopping
center. Other popular tenants include Pier 1 Imports and
Supercuts.

About the Business

Year Established: 2003
Number of Employees: 10 Part-Time

Facilities: Leased space - $3,900/mth includes rent of $2,887, $312 CAM, $35 insurance and $665 in taxes. Current lease expires in 2013 with two more 5 yr options. Seating: 20 Inside. Square Feet: 1,515. Days/Hrs of Operation: Daily Noon-10p.

Market Outlook/Competition: First store opened 1988, began franchising 1995. Operating more than 1,400 locations in the US & 20 countries worldwide. 1st to provide online/mobile phone 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+. 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.

About the Sale

Reason For Selling: Relocating.

Training/Support: 80 hrs @ Store and 5 days @ Headquarters in Scottsdale, Arizona.

Seller Financing: No

Attached Files - Attachment Disclaimer

  • EatZ Buyer Profile.pdf (258.6 KB)
  • Download
Contact Seller
Sell Your Business This listing has been viewed 889 times
Other Illinois Food and Beverage Businesses for Sale

The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness.Please review our full Terms & Conditions here.

advertisement