For Sale

High-Volume Long-Established Cold Stone Creamery Queens, NY – Over $1M In Sales!

Along A Heavily Traveled Commercial Corridor - In An Established Neighborhood Shopping/Dining District - Near Popular Waterfront Destinations In SW Queens

Queens, NY

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Food Type: Ice Cream/Frozen Yogurt/Gelato, Smoothies

Service Type: Fast Food

Business Type: Franchise

Sale Type: Business For Sale

Asking Price: $759,000

Gross Sales: $1,105,667

Net Operating Income: $219,437

Monthly Rent: $10,810

Lease Expiration: 03/2035

Lease Options: One 5-Year Option

Year Established: 2005 (Current Owner 2018)

Owner Operated: No

Seller Financing: No

Summary:

Outstanding opportunity to acquire a high-volume long-established Cold Stone Creamery franchise in Queens, New York!

This nationally recognized premium ice cream location consistently generates over $1 million in annual sales, offering a buyer a substantial customer base, well established operations and the advantages of a popular well-known franchise.

Another Major Benefit

Also, the opportunity to purchase a refreshed franchise location. The seller will complete the recent franchisor-required store refresh before closing. Planned improvements include updated refrigeration equipment, counters and flooring. Estimated by the seller at over $100,000!

The Cold Stone Creamery Experience

Founded in 1988, Cold Stone Creamery has grown into an internationally recognized franchise with more than 1,500 franchised locations worldwide. Famous for its freshly prepared super-premium ice cream and signature frozen granite stone mixing process. The brand offers customized creations, shakes, smoothies and sundaes along with ice cream pies, cupcakes and cakes, plus take-home ice cream and packaged desserts. Buyers benefit from well established brand recognition, proprietary products, easy online ordering capabilities and franchisor training and support.

Established Operations

Its highly recognizable name, established menu and existing digital ordering infrastructure provide a solid foundation for continued operations.

The business also benefits from multiple sales channels, including walk-in purchases, takeout, online ordering, 3rd-party delivery, custom ice cream cakes and catering. Plus, this location’s late-evening operating hours capture dessert purchases after dinner, family outings and other nighttime activities.

And its long established online presence, positive customer reviews and brand-supported rewards/gift card programs provide additional marketing resources.

A Turnkey Operation

Currently absentee-owned and operated with an experienced full-time manager in place, the business offers an attractive opportunity for either an owner-operator seeking greater hands-on involvement or a qualified investor interested in maintaining a manager-led operation.

This is a HIGHLY confidential listing. If interested, please complete the short Contact Form on the right or email Tami Hillier at Tami@eatz-associates.com or call 503-319-4626 for more information. Showings by appointment only outside of business hours.

Competition:

A Proven Franchise

After 30 years, this iconic brand continues to thrive and grow. Has built a dominant position in the frozen dessert category with a highly differentiated product and customer experience. Has the highest average unit sales volume of any ice cream concept. Plus, it's easy-to-run using only state-of-the-art equipment.

Ice cream is America's favorite dessert. And Cold Stone is the ultimate ice cream experience, beloved by millions of customers. Enjoys powerful name recognition and strong brand loyalty. A truly remarkable national brand with proven staying power.

- One of the most recognizable names in the premium dessert segment
- One of the strongest brands in the frozen dessert industry
- The most recognized premium ice cream franchise in the country
- One of the world's best-known premium ice cream concepts

This Opportunity

An established national dessert franchise with 7-figure historical annual sales, absentee-managed operations, a planned seller-funded refresh and a long-term lease in a substantial Queens County market.

Growth and Expansion:

The Franchise

Cold Stone continues to expand co-branded partnerships and create new flavors to increase sales. Is also committed to innovation, offering special themed products to celebrate each season, holiday and big blockbuster movie.

A New Operator

Multiple opportunities to pursue additional sales and operating improvements through increased local marketing, community partnerships and more active oversight.

1. Expand ice cream cake sales - market birthday cakes, holiday desserts & celebration packages to neighborhood families, schools & businesses
2. Increase catering and group orders - target office celebrations, corp events, school functions & local organizations
3. Strengthen digital marketing - use neighborhood-targeted social media campaigns, loyalty promotions & online advertising
4. Develop community partnerships - explore fundraising nights, school events & neighborhood promotions
5. Improve operations - evaluate labor scheduling, purchasing, food costs, delivery expenses & customer service to identify opportunities for stronger profitability

Location:

Desirable Commercial Corridor

Situated along a heavily traveled commercial corridor with over 25,000 vehicles daily in southwestern Queens. This prime location benefits from an established neighborhood shopping/dining district, convenient regional highway access and a substantial surrounding residential customer base.

Strong Surrounding Businesses

The immediate trade area features major national retailers, supermarkets, pharmacies, restaurants, cafés, fitness studios, medical offices and neighborhood service businesses, generating multiple reasons for consumers to visit the corridor throughout the day.

Longstanding Neighborhood Presence

Nearby schools, dense residential neighborhoods, public transportation and regional commuter connections provide additional customer sources.

Prime Beach Location

This corridor also serves motorists traveling between Queens and popular waterfront destinations, creating opportunities to attract both local residents and visitors alike!

Impressive Surrounding Demographics

Within 1 mile ~39,296 residents with an average household income of $138,238. And within 3 miles ~510,841 residents and 163,349 households with average household income of $112,731.

County: Queens

Facilities:

Lease Information: Leased space $10,810/mth gross. Current lease expires Mar 2035 with one 5-year option.

Square Feet: 1,250.

Seating: 0 Inside & 6 Outside.

Days/Hrs of Operation: Mo-Th 11:30a-11:30p, Fr 11:30a-12m, Sa-Su 11a-12m.

Owners Role: Absentee owned and operated - full-time manager in place.

Real Estate: Leased.

Value of FF&E: $150,000 (Included In Asking Price).

Value of Inventory: $5,476 (Not Included In Asking Price).

Number of Employees: 7 Full-Time.

Support/Training: 80 hours at an approved training store, plus 5 days online corporate training.

Seller Financing Available: No.

Reason for Selling: Consolidating in the Bronx.

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