3 Cold Stone Creamerys/Rocky Mountain Chocolate Factory - Akron/Canton

Contact Seller
First & Main-Downtown Hudson, Montrose Center-Fairlawn & Belden Village-N Canton
Asking Price:
$739,000

Gross Revenue:
$1,340,502
Cash Flow:
$198,342
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Incredible opportunity to own two top franchises for one great price! A successful premium brand ice cream and a gourmet chocolate brand.

Offering the best tasting, made-to-order ice cream churned in-store fresh daily using only the finest ingredients and mixed on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces and more. Also, smooth & creamy frozen yogurt loaded with probiotics in low-fat/calorie flavors and dairy-free sorbet. Every creation made to order available in cups, cones, waffle bowls and shakes, plus mix & go.

As well as hot stone plated indulgent desserts with chocolate chip cookies, brownies and chocolate cakes. Also, old fashion sundaes, frappes and fruit smoothies, along with pre-packed quarts and party packs. In addition, this location also offers Rocky Mountain Chocolate Factory's delicious fudge, old-fashion caramel apples and larger-than-life handmade chocolates. Every option for everyone, all served in a fun and friendly atmosphere.

Plus, the richest cakes, cupcakes, cookie sandwiches and pies for takeout or conveniently ordered online or by smart phone 24 hrs/day. Cold Stone has the perfect cake for any occasion: signature, birthday, kid-themed, petite, custom or photo cakes.

All three locations - turnkey! Three full-time managers, one in place at each location.

Locations:
All three locations in prime retail spaces in very high income and desirable areas!

Downtown Hudson - In First & Main, an upscale lifestyle shopping center centrally located in the heart of historic downtown Hudson. Featuring a blend of national chains, unique locally owned shops and award-winning restaurants. Retailers include Chico’s, Francesca’s, J.Jill, Jos. A. Bank, Loft, Talbots, White House Black Market, and more. Along with heinen’s, The Greenhouse, Heather’s Heat & Flavor, The Rusty Stone and more. As well as 3 Palms Pizzeria-Bakery, Aladdin’s Eatery, Comida Tortilla Tequila Whiskey, Flip Side, Hidden Spirts Cocktails, One Red Door, Restore Cold Pressed and Tomato Grill. Summit’s County’s premiere shopping district! The park-like setting of First & Main plays host to more than a dozen events annually and boasts ample parking, easy accessibility and is pedestrian friendly. The perfect place to shop, dine and play.

Fairlawn/Montrose- In Montrose Center a busy strip center in a very popular retail area of stores, restaurants and businesses located along a stretch of State Route 18 near Interstate 77. Surrounded by Bed, Bath & Beyond, Hobby Lobby, Pier 1 Import, Sam's Club, Michael's, Jared Jewelry and more. Other eating & drinking establishments include Melt, Chilis, Olive Garden, Brico's, Hype Park, Friday's, King Fish, Outback Steakhouse, Burntwood, Fleming's, Macaroni Grill, Applebees and Red Lobster. The best traveled intersection of the area! Just minutes from Akron. Convenient to the residents of Summit, Portage, Medina and Cuyahoga Counties. Also close to Summit Mall anchored by Macy’s and Dillard’s, plus over 100 specialty shops!

North Canton/Belden Village - In a thriving strip center in a vast commercial area along Portage St NW and Interstate 77. Surrounded by many national retailers such as Sam’s Club, The Home Depot, At Home, Gander Mountain, Bed Bath & Beyond, Old Navy, Best Buy, Giant Eagle Supermarket, Lowe’s Home Improvement, Walgreens and so much more. Plus, a large number of restaurants including Samantha’s Restaurant, Rockne’s N Canton, LongHorn Steakhouse, Carrabba’s Italian Grill, Red Robin, Bj’s Restaurant & Brewhouse, Olive Garden, Melt, Blaze Pizza and more. Also, just minutes from the National Football Hall Of Fame.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please DO NOT discuss with employees or patrons.

If interested, contact EatZ for more information. Showings by appointment only.

Listed B

About the Business

Location:
Hudson, Ohio
Number of Employees:
52
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
5,700
Rent:
$10,925.00 Per Month
Facilities:
Downtown Hudson - Leased space $2,500/mth gross. Current lease expires Apr 2024 with one 5-year option.

Fairlawn/Montrose - Leased space $4,195/mth gross. Current lease expires Jun 2020 with two 5-year options.

North Canton/Belden Village - Leased space $4,230/mth gross. Current lease expires Jul 2024 with two 5-year options.

Square Feet: 1,200 & 2,500 & 2,000.

Seating: 11 Inside/32 Outside & 26 Inside/41 Outside & 23 Inside/40 Outside.

Days/Hrs of Operation: Daily 11a-11p.

Value of FF&E: Included In Asking Price.
Website:
www.coldstonecreamery.com
Market Outlook/
Competition:
Nation's leading premium brands. Are a good retail combination since chocolate and ice cream have different, yet complimentary peak seasons.

Cold Stone Creamery: Voted "Best Ice Cream" countless times. Quality, variety and choice - what customers want! With seemingly endless combinations of mix-ins, allows customers to dream up their own ice cream treat or choose from their wildly popular Signature Creations. Never prepackaged or shipped in, it's the freshness factor that sets them apart. 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." An artisanal ice cream churned fresh on-site with high standards for taste, consistency and texture.

Ranked #1 in Category. Ranked in the Top 50 - Nation's Restaurant News "Beloved Brands". Consumer Pick - Nations Restaurant News. 1st Place for Craveability in the Dessert Category - Nation's Restaurant News. Ranked in the Top 200 of the Countries Best Franchises - Franchise Times. Ranked in the Top 100 Global Franchises In The World - Franchise Direct. Ranked in the Top 50 - Entrepreneur Franchise 500.

Rocky Mountain: Rated top chocolate for its "rich, intense flavor". One of Entrepreneur Magazines Top 500 Franchises.
Growth & Expansion:
First Cold Stone opened in 1988 and Rocky Mountain in 1981. There are currently over more than 1,000 Cold Stone Creamery locations in the United States and hundreds in nearly 30 international markets and more than 300 Rocky Mountain Chocolate locations operating worldwide. After 30 years in business, these iconic brands continue to thrive and grow.

Ice cream is America's favorite dessert. Our love affair with ice cream appears everywhere in popular culture - in books, songs, television and movies. Ice cream is also unique because our love and craving for it, stays with us throughout our entire lives.

Cold Stone Creamery is the ultimate ice cream experience, beloved by millions of customers in the U.S. and around the world. Has captivated the sweet tooth of consumers everywhere. Enjoys household name recognition and boasts remarkable customer loyalty. Is a truly remarkable brand that has proven staying power.

Cold Stone is also committed to innovation, offering special themed products to celebrate each season, each holiday and big Hollywood blockbuster movies. And Cold Stone continues to expand co-branded partnerships and create new flavors to increase sales. It also has the highest average unit sales volume of any ice cream concept. Was the first to provide online/smart phone ordering, builds frequency of cake orders because it's so easy. Plus, it's an easy-to-run and easy-to-scale business that uses only state-of the art equipment.

There has never been a better time to invest in the franchise. Owning a Cold Stone doesn't require any previous experience in the restaurant or service industry, they provide everything an entrepreneur needs to succeed. Not only is it a sound investment with tremendous training, great marketing support and an exceptional product, but it's also a fun business to own. Cold Stone Creamery is a stand-out brand in the rapidly growing $8 billion-dollar booming ice cream industry. And consumer demand for premium handmade ice cream containing high quality ingredients is on the rise!
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About the Sale

Reason For Selling:
Retiring.
Training/Support:
80 hrs @ Store and 5 days @ Headquarters in Scottsdale, AZ.
Seller Financing:
No

Listing Info

ID:
1664524
Ad Detail Views:
0

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Business Listed by

Tami Hillier

EatZ & Associates

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Sponsoring Broker:

Tom Traina
EatZ & Associates
License# 475175390


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