Cold Stone Creamery South Elgin, IL-Busy Shopping Center!
(ID: 1096729)
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$89,000
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$230,086
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$40,500
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$4,000
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n/a
**
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$150,000
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Business Listed by LISTING BROKEREatZ and Associates
Contact Broker:Tami HillierEatZ and AssociatesView All of My Listings
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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

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