Wilmington’s Premier Outdoor Lifestyle Shopping Center Anchored By Belk & 110 Electric Shops, 25 Dining Options + 16 Screen Movie Theater
Wilmington, NC
Asking Price: $625,000
Gross Sales: $753,046
Net Operating Income: $181,386
Monthly Rent: $5,620
Lease Expiration: 07/2022
Options: (Contact For)
Year Established: 2004
Owner Operated: Yes
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.

2021 sales up 38% over 2019!

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: New Hanover
Location:

Prime retail space in Mayfaire Town Center, Wilmington’s premier outdoor lifestyle shopping center anchored by Belk and a diverse mix of over 110 electric shops and 25 dining options along with a Regal Stadium 16 & IMAX movie theater. As well as a Community Center, Hilton Garden Inn and Homewood Suites. A wonderfully innovative destination for one-stop shopping, dining and entertainment!

Shops include Ann Taylor, Banana Republic, Barnes & Noble, Bath & Body Works, Buckle, Chico’s, Dick’s Sporting Goods, H&M, lululemon, PetSmart, Pottery Barn, Soma, The Fresh Market, Victoria’s Secret, White House Black Market, Ulta Beauty, Williams-Sonoma and much more.

Other popular eating & drinking establishments include Atlanta Bread, Breadsmith, Brixx Wood Fired Pizza, Brunches, Cava, Chick-fil-A, Chipotle, Cinnaholic, Clean Juice, Coquina Fish Bar, Drift Coffee, First Watch-The Daytime Café, Five Guys Burgers & Fries, Fox & Hound Sports Tavern, Kale Me Crazy, Longhorn Steakhouse, Panera Bread, Playa Bowls, Red Robin, Roko Italian Cuisine, Rounds Golf & Lounge, The Melting Pot, Tokyolol and Which Wich.

Perfectly situated near Wrightsville Beach with over 8 miles of pristine beach and marshland, perfect for mild-to-wild watersports adventures!

Real Estate: Leased
Facilities:

Leased space $5,620/mth gross. Current lease expires in Jul 2022. Landlord is open to more term. Square Feet: 1,350. Seating: 12 Inside & 16+ Outside. Days/Hrs of Operation: Daily 1p-9p.

Number of Employees: 1 Full-Time & 6 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: 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: Retiring.