Incredible Opportunity To Own Two Top Franchises
Glen Allen & Richmond, VA
Asking Price: $425,000
Gross Sales: $929,204
Net Operating Income: $141,060
Monthly Rent: $4,010 & $4,211
Lease Expiration: 12/2028 & 06/2025
Options: (Contact For)
Year Established: 2004 & 2005
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


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, one 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.

And as a brand, Cold Stone is seeing great rebounding sales (as are these 2 locations) 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!!

Two well established locations for 17 and 16 years.

2019/2020 averaged gross sales = $929,204
2019/2020 averaged net operating income for ABSENTEE OWNER with full time manager in place at each location = $ 141,060

And 2021 sales are up 6% and 13% at the two locations YTD!!

Feel free to stop by the locations 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: Henrico & Richmond City

#1: Prime retail space in a beautiful new shopping center. Other popular tenants include Bed, Bath & Beyond, Barnes & Noble, Circuit City, Dick’s Sporting Goods, Michael’s, PetSmart, Pier 1 Imports, Ross, Ulta and much more. Also many eating & drinking places such as Chili’s, O’Charleys, Pizzaro and Panera Bread.

Located in Henrico County, home to a talented and diverse population of over 365,000 people and four Fortune 1000 company headquarters. Perfectly situated in the heart of a 4.0 million sqft regionally dominant shopping hub. And the nearby mall is being redeveloped into a County sports complex surrounded by mixed-use commercial and residential development!

#2: Prime retail space in downtown Richmond along with one of the top public universities for both fine arts and research with more than 31,000 students.

Perfectly situated in the middle of the bustling city and vibrant campus. Surrounded by many eating & drinking establishments including Aladdin Express, Dunkin, Five Guys, Qdoba, Tropical Smoothie and much more. And across from student housing!

Real Estate: Leased

Location #1: Leased space $4,010/mth gross. Current lease expires in Dec 2028. Location #2: Leased space $4,211/mth gross. Current lease expires in June 2025. Square Feet: 1,375 & 1,365. Seating: 10 Inside/8 Outside & 15 Inside/0 Outside. Days/Hrs of Operation: Su-Th 12n-10p & Fr-Sa 12n-11p

Number of Employees: 1 Full-Time/10 Part-Time & 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

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 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: No
Reason For Selling: Pursuing other business interests.