Cold Stone Creamery Merritt Island, FL - Merritt Square Mall!

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Asking Price:
$39,000

Gross Revenue:
$289,080
Cash Flow:
$33,713
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Using only the finest ingredients, offering freshly made creamy ice cream, yogurt and sorbet blended on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces and more. Their 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 and smoothies, plus mix & go.

And their Hot Stone plated desserts offer classic indulgent desserts with chocolate chip cookies, brownies, churros & funnel cakes. Also available old fashion sundaes, coffee frappes and pre-packed quarts. Every option for every one.

Plus the richest cakes, cupcakes, cookie sandwiches and pies for take out or conveniently ordered online or by smart phone 24 hrs/day. Cold Stone has the perfect cake for any occasion, customers can choose from their signature cakes, eight-layer ice cream cakes or customize their own cake or photo cake.

Prime retail space inside Merritt Square Mall adjacent to the food court and across from a 16-screen movie theater. This busy mall is anchored by Dillards, Macys, Sears & JCPenny plus 79 specialty shops and 18 restaurants.

Located on one of the busiest highways in Brevard County. A popular shopping and entertainment destination on Merritt Island, FL just minutes from Port Canaveral, Kennedy Space Center and Cocoa Beach.

The mall is now under new ownership and is being revitalized! TGIF Fridays will have a new restaurant in its place. Trader Joes is opening just across the mall in 2018. A brand new Sonic just opened 2 miles from mall. A new Chic-Fila stand-alone building is being built in front of the mall. Forever 21 and Spencer's just finished remodels inside the mall. And much more in the works!

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Listed by Tami Hillier at EatZ & Associates

About the Business

Year Established:
2005
Number of Employees:
8 Part-Time
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,823
Lease Amount/Mo.:
$4,396.00
Lease Expiration:
8/31/2021
Facilities:
Leased Space $4,396/mth includes rent, CAM, insurance and taxes. Current lease expires in Aug 2021 with the option to renew. Square Feet: 1,823. Seating: 12. Days/Hrs of Operation: Mall Hours = Mo-Th 11a-10p & Fr-Sa 11a-11p & Su 12n-9p.
Market Outlook/
Competition:
Nation’s leading premium ice cream brand. Voted “Best Ice Cream” countless times. Offer quality, variety and 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 Franchise 500 Rankings: # 166. QSR Magazine Global 30 List #16. Franchise Times Top 200 Franchise Systems List #150. Also 1st Place for Craveability in the Dessert Category in Nation’s Restaurant News’ Consumer Picks.
Growth & Expansion:
First store opened in 1988, began franchising in 1994. For more than 30 years serving up the finest, freshest ice cream, cakes, smoothies and shakes using only the highest quality ingredients prepared on a frozen granite stone. Currently operating more than 1,200 locations in the U.S. and 30 international markets around the world.

1st to provide online/smart phone ordering, builds frequency of cake orders because it’s so easy. Continue to expand co-branded partnerships & create new products to increase sales. Cold Stone has the highest average unit sales volume of any ice cream concept. Ice cream/frozen yogurt is consumed by more than 90% of households. The frozen desserts industry estimated at over $25 billion+.
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About the Sale

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

Listing Info

ID:
1449310
Ad Detail Views:
944

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Business Listed by

Tami Hillier

EatZ & Associates

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Sponsoring Broker:

Tom Traina
EatZ & Associates
License# 475175390

U.S. Census Data for Brevard County, FL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Brevard County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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