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High Volume Cold Stone Creamery Concord, NC - Concord Mills Mall!
Concord, North Carolina

Asking Price

$275,000

Office Listing #

CSC CC NC
Revenue $549,809 / year Lease Rent $6,985 / month
Cash Flow $111,130 / year Square Feet 740
Direct Link www.restaurants-for-sale.com/24816

    

Using only the finest ingredients, offering freshly made creamy ice cream, yogurt and sorbet blended on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces and more. Their new proprietary sweet & creamy yogurt comes in low-fat/calorie flavors and includes probiotics. Every creation is made to order available in cups, waffle bowls, cones, shakes and smoothies, plus mix & go. And their Hot Stone plated desserts offer classic indulgent desserts with chocolate chip cookies, brownies, churros & funnel cakes. Also available old fashion sundaes, coffee frappes and pre-packed quarts. Every option for every one! Plus the richest cakes, cupcakes, cookie sandwiches and pies for take out or conveniently ordered online or by smart phone 24 hrs/day. Cold Stone has the perfect cake for any occasion, customers can choose from their signature cakes, eight-layer ice cream cakes or customize their own cake or photo cake. 2016 sales up year over year! Mall requires buyer to have strong financials and retail management background (food even better and ice cream best)! Location: Prime retail space in the amazing 1.4 million sqft Concord Mills, rated the #1 mall in the southeast and North Carolina’s largest outlet/value retail shopping destination and 2nd largest tourist attraction with over 18 million visitors a year. Anchored by Bass Pro Shop, Bed Bath & Beyond, Best Buy, Books A Million and Burlington Coat Factory along with 200 sought after outlets. Offering impressive savings at Adidas Outlet, Ann Taylor Factory Outlet, Banana Republic Factory Store, Bose, Coach Factory Outlet, The Disney Store Outlet, DKNY, Eddie Bauer, Gap Outlet, Group USA, J.Crew Factory, Lego, Lucky Brand Outlet, Michael Kors, Nike, Polo Ralph Lauren Outlet, Tommy Hilfiger, VF and many more. Other popular eating and drinking establishments include Auntie Anne's Pretzels, Green Leafs Beyond Great Salads, Maki of Japan, Oliver's Chicken, Salsarita's, South Philly Steak & Fries, Villa Italian Kitchen, Yeung's Lotus Express, Burger King Express, Firehouse Subs and more. This Cold Stone is perfectly situated near the AMC 24-screen theater, Speed Park Go-Cart & Miniature Golf and Sea Life Aquarium. There’s also a Dave & Busters with gaming, pool tables and a bowling ally. Concord Mills is conveniently located just off Interstate 85 across from Great Wolfe Lodge, Bj’s, At Home and Bassett Furniture & Rec Warehouse. Just 1 mile from Charlotte Motor Speedway & zMax Drag Way and 12 miles from downtown Charlotte. North Carolina is the 10th largest state in the union boasting a 18.5% growth rate which is twice the national average. It’s a hot business environment and a great place to sell ice cream! North Carolina’s Recent Accolades: No. 3 Best Business Climate - Site Selection Magazine, Nov 2014 No. 5 America’s Top States For Business - CNBC Survey, Jun 2014 No. 3 Best State for Business - Forbes Magazine, Nov 2014 No. 3 Lowest State & Local Tax Burden on Business - Ernst & Young, Aug 2014 No. 5 Best State For Business - by CEO’s, Chief Executive Magazine, Jun 2014 No. 3 Nationally Annual In-Migration To States - United Van Lines, Jan 2014 Lease Information: Leased space $6,985/mth includes rent, CAM and taxes. Current lease expires in 2017 with the option to renew. Training: 80 hrs @ Store and 5 days @ Headquarters in Scottsdale, AZ. Value of FF&E (Included in Asking Price): $150,000. Seller Financing: No. Competition: Nation’s leading premium ice cream brand. Voted “Best Ice Cream” countless times. Offer quality, variety & choice-what customers want! 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." Ranked #1 in Category. Entrepreneur Magazine Franchise 500 Rankings: #57 (2016) #54 (2015), #50 (2014), #53 (2013), #50 (2012). QSR Magazine Global 30 List #16 (2016). Franchise Times Top 200 Franchise Systems List #151 (2016). Also 1st Place for Craveability in the Dessert Category in Nation’s Restaurant News’ Consumer Picks. Growth & Expansion: First store opened in 1988, began franchising in 1994. For more than 25 years serving up the finest, freshest ice cream, cakes, smoothies and shakes using only the highest quality ingredients prepared on a frozen granite stone. Currently operating more than 1,400 locations in the US & 20 countries worldwide. 1st to provide online/smart phone ordering, builds frequency of cake orders because it’s so easy. Continue to expand co-branded partnerships & create new products to increase sales. Cold Stone has the highest average unit sales volume of any ice cream concept. Ice cream/frozen yogurt is consumed by more than 90% of households. The frozen desserts industry estimated at $21 billion+. Highly confidential listing, please do not discuss with patrons or employees. Listed by Tami Hillier at EatZ & Associates

  

General Information

Organization Corporation
Year Established 2003
Current Owners 2003
Employees 2 Full & 16 Part-Time
Operating Hours Mo-Sa 10a-9p & Su 12n-7p
Reason For Sale Other business obligations.
   

Facilities

Seating Mall Seating
Square Feet 740
Parking Lot
Licenses None
   

Financials

Revenue $549,809 / year
Cash Flow $111,130 / year
Payroll Contact For Info
Inventory Contact For Info
FF & E $150,000
 
 

Lease

Lease $6,985 / month  
Expiration 2017  
Yearly Adjustment Not Available  
Option Option to renew.  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Tami Hillier
phone: 503-319-4626
Tom Traina
Eatz & Associates
phone: 888-971-3289
fax: 888-673-3045

www.eatz-associates.com

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