Cold Stone Creamery State College, PA - Just 2 Blocks From Penn State

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Gross Revenue:
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EBITDA:
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Inventory:
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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. This location also delivers.

Prime retail space on Beaver Ave just two blocks from Penn State University.

Penn State is a member of the Big Ten Conference and was founded in 1855. PSU is a world class learning and research institution. The Penn State campus covers 5,448 acres and is the epicenter for 40,500 PSU students, 3,000 faculty and 13,000 other employees.

State College, the largest borough in Pennsylvania, was ranked as the safest small city, the 19th smartest city, the 3rd best college town and among the top 10 smaller metro areas in which to start a career or business in the U.S.!

Highly confidential listings, please do not discuss with patrons or employees.

Listed by Tami Hillier at EatZ & Associates

About the Business

Year Established:
2004
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,800
Facilities:
Leased space. Square Feet: 1,800. Seating: 24 Inside + 12 Outside. Days/Hrs of Operation: Daily 11a-11p.
Market Outlook/
Competition:
Nation’s leading premium ice cream brand. Voted “Best Ice Cream” countless times. Offer 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 Franchise 500 Rankings: #57 (2016) #54 (2015), #50 (2014), #53 (2013), #50 (2012). QSR Magazine Global 30 List #16 (2016). Franchise Times Top 200 Franchise Systems List #151 (2016). 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 25 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 1,400 locations in the U.S. & 20 countries worldwide.

First 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 $21 billion+.
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About the Sale

Training/Support:
80 hours @ store and 5 days @ Headquarters in Scottsdale, AZ.

Listing Info

ID:
1408392
Ad Detail Views:
612

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$
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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 Centre County, PA
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 Centre County, PA
Income

Education

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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