Adjacent Parkway Centre-North, East & South Off I-71 In The Heart Of Grove City’s Largest Retail Hub
Grove City, OH
Asking Price: $349,000
Gross Sales: $512,298
Net Operating Income: $117,575
Monthly Rent: $5,819
Lease Expiration: 08/2026
Options: (Contact For)
Year Established: 2004
Owner Operated: No
Seller Financing: No
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, dairy-free sorbet. Plus, a new plant based almond milk product. 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.

Also, as a brand Cold Stone is seeing great rebounding sales and with the inherent nature of pick-up, takeout and delivery, these types of concepts will surely be the winners for some time to come.

Well established location over 18 years. Absentee owned. Turnkey - full time manager in place.

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: Franklin
Location:

Prime retail space in the Shoppes of Grove City in the heart of Grove City’s largest retail hub. Located just 7 miles southwest of downtown Columbus off I-71 with over 98,000 VPD and Stringtown Rd with over 30,500 VPD. Along with Five Guys, Panera Bread, Panda Express, Charles’ Cheesesteaks, Tropical Smoothie Café and more.

Adjacent Parkway Centre-North, a large shopping center with ATI Physical Therapy, Best Buy, Bibibop, Buffalo Wings & Rings, Dick's Sporting Goods, El Vaquero, GNC, Honey Baked Ham, Kenneth's Hair Salon & Day Spa, Lane Bryant, Michaels, Pearl Vision, Sport Clips, The Children’s Place, The Good Feet Store, Starbucks, T-Mobile and more. As well as Parkway Centre East with Target, Hobby Lobby, Bath & Body Works, Famous Footwear, AMC Theaters and more. And Parkway Centre South with Mattress Firm, Maurice’s, PetSmart, Sally Beauty, Staples, TJ Maxx, Ulta Beauty and more. Together with other key retailers in the immediate area include Bed Bath & Beyond, Giant Eagle, Home Depot, Kohl’s and a Walmart Supercenter.

In addition to several major restaurants such as Chick-Fil-A, Chipotle, Jersey Mike’s Subs, Longhorn Steakhouse, Olive Garden, Piada Italian Street Food, Raising Cane’s, Red Robin, Roosters, Smokey Bones, Texas Roadhouse, White Castle and more. Also surrounded by many hotels including Best Western Executive Inn, Candlewood Suites, Courtyard By Marriott, Drury Inn & Suites, Hampton Inn, Hilton Garden Inn, Holiday Inn Express, La Quinta Inn & Suites, Quality Inn and Red Roof Inn.

Plus close to Grove City Town Center, its vibrant historic district with a variety of unique shops and local eateries as well as art shows, festivals, parades and music events. Not to mention Pinnacle Golf Club, Scioto Grove Metro Park and several high schools. Perfectly situated in Grove City, the 2nd largest suburb of the Columbus metropolitan area!

Real Estate: Leased
Facilities:

Leased space $5,819/mth gross. Current lease expires Aug 2026. Square Feet: 1,600. Seating: 18. Days/Hrs of Operation: Su-Th 12n-9:30p & Fr-Sa 12n-10p.

Number of Employees: 1 Full-Time & 19 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 (Valued at $30,785)
Value of Inventory: 6,500 (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.

Seller Financing Available: No
Reason For Selling: Relocating to another state.