A Popular Upscale Open-Air Mixed-Use Lifestyle Center With 12 Eating & Drinking Establishments, 15 Shops, 11 Services, 3 Fun Spots, 3 Hotels & More
Coeur d'Alene, ID
Asking Price: $225,000
Gross Sales: $453,462
Net Operating Income: $90,997
Monthly Rent: $3,285
Lease Expiration: 02/2021
Options: One 5-Year Option
Year Established: 2005
Owner Operated: Yes
Seller Financing: Yes
Food Type: Ice Cream/Frozen Yogurt/Gelato, Smoothies
Service Type: Fast Food
Business Type: Franchise
Sale Type: Business For Sale

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. Every option for everyone, all served in a fun and friendly atmosphere.

As well as sundaes, shakes and smoothies, along with pre-packed quarts and party packs. 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 over 15 years. 2020 sales up 12% over 2019 and Jan 2021 sales up 50% over Jan 2020!

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

County: Kootenai
Location:

Prime retail space in The Village At Riverstone, a popular upscale open-air mixed-use lifestyle center. Just 5 minutes from downtown Coeur D’Alene. And close to the Spokane River and ski resorts. A favorite area of town which mixes the trendy big city vibe with a friendly small-town feel. A great place to eat, shop, play and stay!

Featuring 11 other eating & drinking establishments: Anthony’s, Azteca, Bardenay, Bullman’s Pizza, Culinary Coffee Shop, Grooveberries, Sushi I, Red Robin, San Francisco Sourdough, Starbucks and Vine & Olive.

Plus 15 retail shops: Artworks, Balloons &, Buckle, The Culinary Stone, Custom Den, Idaho iRepair, Orvis Northwest Outfitters, Press Start to Play, T-Blue II Boutique, The Well~Read Moose, Zumiez, Escape Outdoors, Paint Buss, Spice & Tea Exchange and Cork & Tap.

As well as 3 fun spots: Paint Buzz, Regal Riverstone Stadium and Amphitheater. Together with a park, lake and paved trails throughout.

Along with 3 hotels: Holiday Inn Express, SpringHill Suites by Marriott and Hampton Inn & Suites. Besides apartments and condominiums.

In addition to 11 professional services: Bones Chiropractic, Empire Eye Physicians, Exercise Institute, iSpa Nails, J Miller Salon, Sola Salon, The GLO Bar, Venia Douglas Stafford M.D., Alliance Title & Escrow Corp., Haven Real Estate and Cd’A Power Yoga.

Real Estate: Leased
Facilities:

Leased space $3,285/mth gross. Current lease expires in Feb 2021 with one 5-year option. Square Feet: 1,287. Seating: 12 Inside & 14 Outside. Days/Hrs of Operation: Su-Th 12n-9p & Fr-Sa 11a-10p. Owners Role: Advisory, does the bookkeeping, supplies, maintenance and oversees operations - about 15 to 20 hours a week.

Number of Employees: 1 Full-Time & 9 Part-Time
Support/Training: 80 hours @ an approved training store and 5 days @ corporate headquarters in Scottsdale, AZ.
Value of FF&E: Included In Asking Price
Value of Inventory: $2,500 (Not Included In Asking Price)
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 and Expansion:

First store opened in 1988, began franchising in 1994. After 30 years, this iconic brand continues to thrive and grow. Currently operating more than 1,000 locations in the US 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.

And Cold Stone Creamery is the ultimate ice cream experience, beloved by millions of customers. 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.

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 1st 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!

Seller Financing Available: Possibly, to a well-qualified buyer with substantial down.
Reason For Selling: Retiring.