Cold Stone Creamery Westerville, OH - Busy Northridge Crossing!

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Asking Price:
$119,000

Gross Revenue:
$286,887
Cash Flow:
$52,519
(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 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. Every option for everyone, all served in a fun and friendly atmosphere.

In addition to 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.

Prime retail space in the busy Northridge Crossing shopping plaza, anchored by an 80,000 sqft Giant Eagle grocery store. Includes many national and regional tenants such as Walgreens, Pet Supplies Plus, Anytime Fitness and more. Other popular eating & drinking establishments include Chipotle, Jet's Pizza, Noodles & Co, Panera Bread, Panda Express, Papa John's, White Castle, Sunny Street Café, Las Margaritas and Max & Erma's. Also, close to Meijer, Home Depot and Kroger.

Perfectly situated in a thriving retail hub at SR-3/State St and Polaris Pkwy/Maxtown Rd with over 31,000 vehicles per day. A major shopping center on the north end of Westerville, in the sought-after Westerville school district in southern Delaware country, the fast-growing county in Ohio. Average household income is $136,965 within 3 miles of the center with average monthly retail expenditures of $3,429!

YTD sales up almost 4%!

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:
Westerville, Ohio
Year Established:
2005
Number of Employees:
1 Full /10 Part
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,591
Rent:
$3,578.00 Per Month
Lease Expiration:
2/29/2020
Facilities:
Leased space $3,578/mth includes rent, CAM, insurance and taxes. Current lease expires Feb 2020 with one 5-year option. Square Feet: 1,591. Seating: 30 Inside & 10 Outside. Days/Hrs of Operation: Su-Th 11:30a-9p & Fr-Sa 11:30a-10p (Varies By Season). Value Of 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:
Retiring.
Training/Support:
80 hrs @ Store and 5 days @ Headquarters in Scottsdale, AZ.
Seller Financing:
No

Listing Info

ID:
1550799
Ad Detail Views:
240

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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 Delaware and Franklin Counties, OH
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 Delaware and Franklin Counties, OH
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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