Under Contract

Very High-Volume Co-Branded Cold Stone Creamery & Tim Hortons w/Drive-Thru Findlay, OH – Interstate Plaza!

Just Off The I-75 & I-334 Interchange - Close To Many Restaurants, Retailers, Hotels & Schools

Findlay, OH

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Food Type: Coffee Shop, Drive-Thru, Ice Cream/Frozen Yogurt/Gelato, Sandwich Shop, Smoothies

Service Type: Fast Food

Business Type: Franchise

Sale Type: Business For Sale

Asking Price: $450,000

Gross Sales: $1,200,000

Net Operating Income: $158,695

Monthly Rent: $4,000

Lease Expiration: 05/2024

Lease Options: (Contact For)

Year Established: 2006

Owner Operated: Yes

Seller Financing: No

Summary:

Incredible opportunity to own 2 top franchises combined. A successful premium ice cream and popular coffee shop brand. Well established Cold Stone for over 17 years and Tim Hortons for over 14 years!

Offering the best tasting, made-to-order ice cream! Churned in-store fresh daily using only the finest ingredients & mixed on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces & 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 & friendly atmosphere.

As well as sundaes & smoothies along with pre-packed quarts & party packs. In addition to the richest ice cream cakes, cupcakes & cookie sandwiches for takeout or conveniently ordered online or by phone 24 hrs/day. Cold Stone has the perfect cake for any occasion: signature, birthday, kid-themed, petite, custom & photo cakes, plus signature pies.

Cold Stone is the nation's leading premium ice cream brand. Voted "Best Ice Cream" countless times. Quality, variety & 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 & texture.

In addition to Tim Hortons, added in 2009! This franchise has over 55 years of brand heritage and nearly 6 decades of franchising experience. Founded in 1964, Tim Hortons is one of the largest quick service restaurants and coffee shop chains in North America. With nearly 5,000 locations worldwide, TH is popular due to their quality coffee, freshly baked goods & delicious food.

Great tasting coffee is at the core of Tim Hortons identity. They use only 100% Arabica beans sourced directly from the world’s most renowned coffee-growing regions. Offering hot coffee/espresso drinks, as well as cold brew, nitro cold brew and iced coffee/capp beverages. Along with delicious baked goods such as donuts, muffins & other pastries, made fresh on location throughout the day. In fact, TH is most renowned for their signature Timbits, amazing bite sized donut holes in various flavors. Additionally, they have tasty sandwiches, wraps & more for breakfast or lunch. And this location’s drive-thru is perfect for a quick cup of coffee, bite to eat or frozen treat!

Also, as a brand Cold Stone and Tim Hortons are seeing great rebounding sales with the inherent nature of pick-up, takeout & delivery, these types of concepts will surely be the winners for some time to come.

Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Business Website: https://www.coldstonecreamery.com / https://timhortons.com

Competition:

Ice cream is America's favorite dessert. And Cold Stone is the ultimate ice cream experience, beloved by millions of customers. Enjoys incredible household name recognition & loyalty. A truly remarkable brand w/proven staying power!

Ranked #1 in Category. Ranked in the Top 50 Beloved Brands, “Consumer Pick” & “1st Place for Craveability”-Nation's Restaurant News. Ranked in the Top 200 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:

1st store opened in 1988, began franchising in 1994. After 30 yrs, this iconic brand continues to thrive & grow. Currently operating more than 1,000 locations in the US & hundreds internationally.

And Cold Stone continues to expand co-branded partnerships & create new flavors to increase sales. Is also committed to innovation, offering special themed products to celebrate each season, holiday & big blockbuster movie. Also has the highest avg unit sales volume of any ice cream concept. Plus, it's easy-to-run using only state-of-the-art equipment.

Location:

Prime corner retail space in Interstate Plaza, along with Penn Station, Shirley’s Gourmet Popcorn Company, Allstate, Verizon & USX Federal Credit Union. Across Denny’s, Cracker Barrel, Texas Roadhouse & a Walmart Supercenter.

Plus, near several hotels such as Baymont Inn & Suites, Hampton Inn, Country Inn & Suites and Drury Inn & Suites. And close to many schools including Findlay High School, Findlay City Schools, Glenview Middle School, Findlay City Schools Preschool, Northview Primary School & the University of Findlay!

Perfectly situated just off the I-75 & I-224 interchange. Boasts great signage, freeway visibility, access & parking. Also surrounded by the vast commercial & residential area of Findlay!

County: Hancock

Facilities:

Lease Information: Leased space $4,000/mth gross. Current lease expires May 2024.

Square Feet: 2,100.

Seating: 16 Inside & 9 Outside.

Days/Hrs of Operation: Mo-Fr 5a-9p & Sa-Su 6a-9p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $390,000).

Value of Inventory: 10,000 (Not Included In Asking Price).

Number of Employees: 6 Full-Time & 15 Part-Time.

Support/Training: Cold Stone Creamery - 80 hours at an approved training store, plus 5 days online corporate training. Tim Hortons - 3 weeks in Columbus, OH.

Seller Financing Available: Pre-approved for an SBA loan with a minimum of 15% down.

Reason for Selling: Retiring.

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