Hot Listing

Package Deal - 5 High-Volume Well-Established Cold Stone Creamery!

Asking Price$4,500,000

Cash Flow
$989,719
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,369,975

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

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Hot Listing

Package Deal - 5 High-Volume Well-Established Cold Stone Creamery!


Asking Price$4,500,000

Cash Flow
$989,719
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,369,975

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

Business Description
Offering the best tasting, made-to-order ice cream! Churned in-store fresh daily using only the finest ingredients & mixed on a frozen granite stone w/endless combinations of fruits, nuts, candy, sauces & more. Also, dairy-free sorbet + a new plant based almond milk product. Every creation custom-made available in cups, cones, waffle bowls & shakes + mix&go. Every option for everyone, all served in a fun & friendly atmosphere.

Cold Stone also offers smoothies along w/pre-packed quarts & party packs in addition to the richest ice cream cakes, cupcakes & cookie sandwiches. All available for delivery or takeout & can be conveniently ordered online or by smart phone. Cold Stone has the perfect cake for any occasion: signature, birthday, kid-themed, petite, custom & photo cakes + signature pies.

Is the nation's leading premium ice cream brand. Voted "Best Ice Cream" countless times. Quality, variety & 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 it's 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 w/high standards for taste, consistency & texture.

Established: 2009/2003/2004/2002/2005.

Well established locations for over 16, 22, 21, 23 & 20 yrs. Absentee owned w/a GM that oversees all 5 locations + a FT Mgr at each store. Turnkey!

Coconut Creek - In Promenade At Coconut Creek, a vibrant open-air center that offers a wonderful blend of retail, dining & entertainment making it a popular spot for both locals/visitors alike. Boasts over 30 stores/boutiques, featuring a great mix of brand-name retailers & unique local shops + a wide range of culinary delights & a Silverspot Cinema. In addition to special events/activities throughout the yr. Plus, perfectly situated adjacent Monarch HS & surrounded by a vast residential area!

Coral Springs - In Plaza At Royal Palm, a thriving well-maintained (recently modernized) mixed-use shopping center. This bustling plaza features a variety of sought-after tenants including retail shops, restaurants, medical facilities, a grocery store & a school. Perfectly situated at the high-traffic intersection of Royal Palm Blvd & Coral Springs Dr w/27k+VPD. Also, strategically located near Mullins Park as well as Coral Springs Center for the Arts, Parks & Rec, Gymnasium & Museum of Art.

Miami Lakes - In Main Street Shopping Center, an incredible 225k sqft mixed-use development which serves as a central hub for shopping, dining, entertainment & events for Miami Lakes/surrounding communities. Offers an impressive variety of upscale shops & restaurants, as well as a state-of-the-art gym, a full-service hotel, a resort & golf club + a luxury 13-screen CMX Cinema. As well as apartments, offices & civic facilities. And is part of the master plan of Miami Lakes!

Plantation - In Vizcaya Square Shopping Center, a vital retail hub offering a diverse mix of shopping & dining options. Perfectly situated at the busy intersection of Cleary Blvd & Nob Hill Rd w/36k+VPD. Across from Central Park Elementary + surrounded by a densely populated residential area!

Pompano Beach - In Pompano Citi Centre, a leading open-air shopping & entertainment destination offering a fantastic mix of retail, dining & entertainment options. Spanning almost 60 acres, it's the largest concentration of retail space in NE Broward County & serves as a community gathering place hosting events/activities. Boasts an extensive selection of national department stores/big-box retailers. Also a wide range of dining options + just across an 18-screen movie theater & Whole Foods.

The $4,500,000 asking price is firm!

Listed by Tami Hillier at EatZ & Associates
About the Business
Years in Operation
23
Employees
66
Franchise
This business is an established Cold Stone Creamery franchise
Facilities & Assets
Coconut Creek: Lease $6,865/mth gross. Current lease expires Sep 2029 w/one 5-yr option.

Coral Springs: Lease $3,132/mth gross. Current lease expires Jul 2028. Landlord open to more term.

Miami Lakes: Lease $6,728/mth gross. Current lease expires Jul 2029.

Plantation: Lease $5,185/mth gross. Current lease expires Nov 2032. Landlord open to more term.

Pompano Beach: Lease $5,305/mth gross. Current lease expires Dec 2035.

SqFt: 1,269 & 1,460 & 1,306 & 1,328 & 1,103.

Seating: 6 In/2 Out & 8 In/8 Out & 4 In/8 Out & 4 In/8 Out & 4 In/8 Out.
Website
https://www.coldstonecreamery.com
Market Outlook / Competition
Ice cream is America's favorite dessert. And Cold Stone is the ultimate ice cream experience, beloved by millions of customers. Enjoys incredible household name recognition & loyalty. A truly remarkable brand w/proven staying power!

Ranked #1 in Category. Ranked in the Top 50 Beloved Brands, “Consumer Pick” & “1st Place for Craveability”-Nation's Restaurant News. Ranked in the Top 200 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.
Opportunities for Growth
1st store opened in 1988, began franchising in 1994. After 30 years, this iconic brand continues to thrive & grow. Currently operating more than 900 locations in the US & 1,300 worldwide.

And Cold Stone continues to expand co-branded partnerships & create new flavors to increase sales. Is also committed to innovation, offering special themed products to celebrate each season, holiday & big blockbuster movie. Also has the highest avg unit sales volume of any ice cream concept. Plus, it's easy-to-run using only state-of-the-art equipment!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,466
Rent
Not Disclosed
Lease Expiration
12/31/2035
About the Sale
Seller Motivation
Retiring.
Transition Support
Owners Role: Absentee owned - has a general manager that oversees all 5 locations, plus each store has a full-time manager in place. (Corporate requires a local owner or dedicated operations manager).

Training: 80 hours at an approved training store, plus 5 days online corporate training.
Financing Options
No.
Listing Info
ID
2324326
Listing Views
4143
Business Location

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Business Listed by: Tami Hillier EatZ & Associates

Listing ID: 2324326 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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