A Popular 65-Acre Mixed-Use Development That Is The Most Intense Regional Retail Hub Along The I-75 Corridor Between Dayton & Toledo.
Troy, OH
Asking Price: $299,000
Gross Sales: $491,743
Net Operating Income: $110,957
Monthly Rent: $2,248
Lease Expiration: 11/2022
Options: Two 5-Year Options
Year Established: 2007
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, 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.

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 for 14 years!

Last 3-years average gross sales $491,743 and last 3-years average net operating income $110,957. 2021 estimated gross sales are $544,000 with an estimated net operating income of $130,580!

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: Miami
Location:

Prime retail space in Troy Towne Park, a popular 65-acre mixed-use development with over 1/2-mile frontage on I-75. Located on the northwest quadrant of Route 41 and I-75, this 500,000 sqft retail, office & residential property enjoys traffic counts of over 45,000 vehicles per day on Route 41 and an additional 60,000+ vehicles per day on Interstate 75.

Its 360,000 sqft regional shopping center portion is anchored by a Wal-Mart super center, Kohl’s department store and Staples office superstore. Along with a Meijer grocery store and Lowe’s home improvement store immediately to the west, making this location the most intense regional retail hub along the I-75 corridor between Dayton and Toledo.

The amazing development also includes Towne Park Apartments - a 204-unit luxury apartment complex, Park Corner North - a 10,000 sqft retail & office center, The Learning Center - a 15,000 sqft day care facility, Troy Town Place - another 14,000 sqft retail & office center, numerous hotels and much more.

This Cold Stone is perfectly situated adjacent a Fricker’s Wings sports bar at the Park Corner South building!

Real Estate: Leased
Facilities:

Leased space $2,248/mth gross. Current lease expires in Nov 2022 with two 5-year options. Square Feet: 1,456. Seating: 20 Inside & 24 Outside. Days/Hrs of Operation: Mo-Th 1p-9p, Fr 1p-10p, Sa 11a-10p, Su 11a-9p.

Number of Employees: 12 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 $60,000)
Value of Inventory: 7,500 (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: No
Reason For Selling: Other business obligations.