In The Heart Of “The Kentlands” - A Residentially Mature & Affluent Planned Community
Gaithersburg, MD
Asking Price: $350,000
Gross Sales: $694,179
Net Operating Income: $123,611
Monthly Rent: $6,270
Lease Expiration: 10/2023
Options: (New Lease)
Year Established: 2007
Owner Operated: Yes
Seller Financing: Yes
Food Type: Candy Store, Ice Cream/Frozen Yogurt/Gelato, Smoothies
Service Type: Fast Food
Business Type: Franchise
Sale Type: Business For Sale

Description:

Incredible opportunity to own two top franchises for one great price! A successful premium brand ice cream and a gourmet chocolate brand.

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 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.

In addition, this location also offers Rocky Mountain Chocolate Factory's delicious fudge and old-fashion caramel apples, as well as larger-than-life handmade chocolates including, truffles, caramels, clusters, turtles, toffees, peanut butter cups, sugar free and more. Along with chocolate covered pretzels, Oreos, graham crackers, rice krispies, strawberries, marshmallow and s’mores. Every option for everyone, all served in a fun and friendly atmosphere.

Well established location for over 13 years with steady sales growth every year. This store consistently places among the top Cold Stone franchises in the world. Also, the only ice cream shop in the Kentlands area!

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: Montgomery
Location:

Prime retail space in Kentlands Square, a 123,831 sqft vibrant open-air shopping center in the high-volume Gaithersburg trade area. Anchored by Giant Food, Lowe’s and At Home, along with 44 other sought-after retailers. Other popular eating & drinking establishments include Bonefish Grill, Cava, Chipotle, Chick-fil-a, Coal Fire Pizza, Five Guys, Guiseppi’s Pizza Plus, Hot Breads, Jersey Mike’s Subs, MOD Pizza, Noodles & Company, Not Your Average Joe’s, Panera, Thai Express and more.

Also, just across Kentlands Market Square, a 250,000+ sqft community shopping center anchored by Whole Foods, Michaels, Petsmart, Starbucks, Five Below and 35 other great retailers. Plus, a new luxury Cinepolis movie theater just recently opened nearby!

Perfectly situated at the intersection of Great Seneca Hwy and MD Rte 124 with over 33,000 vehicles per day. In the heart of “The Kentlands”, a residentially mature and affluent planned community in Montgomery County. Conveniently located just minutes away from I-270, approximately 15 miles northwest of Washington, D.C.

Real Estate: Leased
Facilities:

Leased space $6,270/mth gross. Current lease expires in Oct 2023. With the option to sign a new lease. Square Feet: 1,522 (+ 405 SqFt Patio). Seating: 16 Inside & 20 Outside. Days/Hrs of Operation: Daily 11a-10p. Owners Role: Averages 20-25 hours per week doing store setup and making cakes & ice cream.

Number of Employees: 15-30 Part-Time (Currently 20)
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: $15,000 (Not Included In Asking Price)
Competition:

Nation's leading premium brands. Are a good retail combination since chocolate and ice cream have different, yet complementary peak seasons.

Cold Stone Creamery: 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.

Rocky Mountain: A gourmet chocolate brand known for their amazing homemade fudge, specialty caramel apples and larger-than-life handmade chocolates. Chocolates people crave. Their chocolates and confections are made with only the freshest, finest ingredients and shipped fresh from their factory located in the charming historic town of Durango, Colorado. They also feature a variety of packaged candies in upscale boxes and bags, perfect for gift giving, holiday time and special occasion.

The largest chocolate store chain in the nation. Rated top chocolate for its "rich, intense flavor". The number one candy franchise by Entrepreneur's "Franchise 500" several years in a row!

Growth and Expansion:

First Cold Stone opened in 1988 and Rocky Mountain in 1981. There are currently over more than 1,000 Cold Stone Creamery locations in the United States and hundreds in nearly 30 international markets and more than 300 Rocky Mountain Chocolate locations operating worldwide. After 30 years in business, these iconic brands continue to thrive and grow.

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. 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 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 a minimum of $50% down.
Reason For Selling: Retiring.