Cold Stone Creamery St Anthony, MN - Silver Lake Village!

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Asking Price:
$129,000

Gross Revenue:
$368,032
Cash Flow:
$61,958
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

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 sundaes, shakes, frappes and smoothies, along with pre-packed quarts and party packs. Every option for everyone, all served in a fun and friendly atmosphere.

In addition to the richest ice cream cakes, cupcakes and cookie sandwiches 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 and photo cakes, plus signature pies.

Well established location for 15 years! Sales way up year over year!! 2019 projected Gross Sales based on YTD numbers is $368,032 with a projected Cash Flow of $61,958.

Prime retail space in Silver Lake Village, a vibrant mixed-use center of large-scale retail, shops, apartments, condominiums, senior housing and attached single-family homes in the town of St. Anthony. The popular center serves a dense population of over 96,000 residents with average incomes of $81,000 within 3 miles.

Perfectly situated in St. Anthony just minutes from I-694 & 35W and only 15 minutes from downtown Minneapolis. Ideally located along Silver Lake Road with over 20,000 vehicles per day. This vibrant neighborhood center is anchored by Cub Foods along with a main street of shops, plus a park which hosts community events throughout the year. Other popular eating & drinking establishments include Carbone’s Pizza, Caribou Coffee, Chipotle, Fat Nat’s Eggs, Leann Chin’s, Smashburger, Starbucks and more. Also roughly under 5 miles to the newly opened Costco Business Center, which is the only one in the State of Minnesota.

A “walkable community”. And a great place to live, play, eat, work and shop!

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 By Tami Hillier at EatZ & Associates

About the Business

Location:
Saint Anthony, Minnesota
Year Established:
2004
Number of Employees:
4 Full & 12 Par
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,489
Rent:
$3,573.00 Per Month
Lease Expiration:
8/19/2023
Facilities:
Leased space $3,573/mth includes rent, CAM, insurance and taxes. Current lease expires Aug 2023 with one 5-year option to renew.

Square Feet: 1,489.

Seating: 20 Inside (With Room For 6-8 Outside.

Days/Hrs of Operation: Su-Th 12p to 9p & Fr-Sa 12p to 10p.

FF&E: Included In Asking Price.
Website:
www.coldstonecreamery.com
Market Outlook/
Competition:
Nation's leading premium ice cream brand. 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.
Growth & Expansion:
First store opened in 1988, began franchising in 1994. After 30 years in business, this iconic brand continues to thrive and grow. Currently operating more than 1,000 locations in the United States and hundreds in nearly 30 international markets.

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:
Current owner moving out of state.
Training/Support:
80 hrs @ Store and 5 days @ Headquarters in Scottsdale, AZ.
Seller Financing:
No

Listing Info

ID:
1650218
Ad Detail Views:
323

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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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