Cold Stone Creamery Vienna, VA - Vienna Marketplace On Maple Ave!

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Asking Price:
$119,000

Gross Revenue:
$370,816
Cash Flow:
$61,419
(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 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 old fashion sundaes, coffee frappes and pre-packed quarts. Every option for everyone. Plus delivery service!

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: signature, eight-layer ice cream, custom or photo cakes.

Absentee owned and operated.

Prime retail space in Vienna Marketplace, a 11,948 sqft upscale retail development located on Maple Ave and Park St. Boasts great accessibility and visibility to both eastbound and westbound traffic. Other popular tenants include Starbucks, GameStop, Noodles & Co, Chipotle, AT&T and Lacrosse Unlimited.

This Cold Stone is perfectly situated on Maple Ave (Route 123) in the heart of downtown Vienna, bustling with specialty shops, numerous restaurants, family run businesses and many stores. It's also close to the library, several schools and the train station.

Vienna is about 15 miles outside of Washington, D.C. in an affluent and dense trade area with household incomes over $190,000. The city was ranked 3rd on the list of the 100 best places to live in the United States by CNNMoney and Money magazine!

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

Year Established:
2007
Number of Employees:
4 Full/6 Part
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,316
Lease Rate/Sq. Ft./Mo.:
$6.91
Lease Expiration:
1/31/2023
Facilities:
Leased space $9,090/mth includes rent, CAM, insurance and taxes. Current lease expires in Jan 2023 with two 5-year options. Square Feet: 1,316. Seating: 16. Days/Hrs of Operation: Su-Th 11a-9p & Fr-Sa 11a-10p.
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 Ranking # 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:
Interested in another business.
Training/Support:
80 hrs @ store and 5 days @ Headquarters in Scottsdale, AZ.
Seller Financing:
No

Listing Info

ID:
1503903
Ad Detail Views:
1056

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

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

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