A Premier Shopping Center With Excellent Anchors & 31 Stores Conveniently Located On Route 35, The Area’s Major Retail Hub
Holmdel, NJ
Asking Price: $669,000
Gross Sales: $750,822
Net Operating Income: $244,280
Monthly Rent: $5,074
Lease Expiration: 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 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.

Well established location for 15 years!

2021 sales up over 21%! 2020 gross sales $620,313 with a net operating income of $188,251. 2021 gross sales $750,822 with an estimated net operating income of $244,280!!

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. And this location has a catering truck and trailer that provide additional income that are available for purchase separately!

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: Monmouth
Location:

Prime retail space in Holmdel Town Center, a premier shopping center with excellent anchor tenants and 31 stores conveniently located on Route 35, the area’s major retail hub. Anchored by Buy Rite Liquor, DSW, Five Below, Hobby Lobby, LA Fitness, Marshalls/Homegoods and PetSmart. Other eating & drinking establishments include Chili’s Grill & Bar, Ichiban Japanese, OEK, Palumbo Restaurant & Pizza, Playa Bowls, Rook Coffee and Texas Roadhouse.

Across from Commons at Holmdel, another premier 300,000 sqft shopping center with 24 stores. The prize center of the Route 35 trade area with a strong tenant mix of Bath & Body Works, Barnes & Noble, Best Buy, Lane Bryant, Michael’s, Old Navy, The Children’s Place, The Vitamin Shop and Ulta, along with Cheeburger Cheebuger, Houlihan’s, Patricia’s, Saladworks, Simply Greek, The Turning Point and more.

This Cold Stone is perfectly situated in the New York-Newark-Jersey City metro area with a population of over 130,000 within 5 miles and 500,000 within 10 miles that has continued to grow in the past 2 years with the exit of residents from the city to the suburbs!

Real Estate: Leased
Facilities:

Lease Information: Leased space $5,074/mth gross. Current lease expires in 2022 with two 5-year options. Square Feet: 1,350. Seating: 18-20 Inside & 12-16 Outside. Days/Hrs of Operation: Su-Th 12n-9:30p & Fr-Sa 12n-10p.

Number of Employees: 1 Full-Time & 7 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: $5,000 (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: Owner relocating.