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High Volume Cold Stone Creamery & Rocky Mountain Chocolate Huntington, WV - Pullman Square!
Huntington, West Virginia

Asking Price

$129,000

Office Listing #

CSC H WV
Revenue $356,372 / year Lease Rent $3,976 / month
Cash Flow $65,316 / year Square Feet 1,250
Direct Link www.restaurants-for-sale.com/26139

    

Incredible opportunity to own two top franchises for one great price! A successful premium brand ice cream and a gourmet chocolate brand. 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 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. In addition, they also offer delicious fudge, old-fashion caramel apples and larger-than-life hand made chocolates. 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. Location: Prime retail space in a popular lifestyle center in downtown Huntington. The center is located in the Superblock, a large urban renewal project that’s the length of 4 city-square-blocks. This $60 million 200,000 sqft retail & entertainment complex resembles an "old-time small town" with many local & national stores, restaurants and a 16-screen movie theater. Other popular food tenants include Edible Arrangements, Max N Erma’s, Five Guys, Roosters, Surin of Thailand and Starbucks. The Square also hosts concerts in the summer and special events throughout the year. And is in close proximity to Marshall University, the Big Sandy Civic Arena and Harris Riverfront Park. Lease Information: Leased space $3,976/mth includes rent, CAM, insurance and taxes. Current lease expires in May 2020 with one 5-year option. Training: 80 hrs @ store and 5 days @ headquarters in Scottsdale, AZ along with Rocky Mountain Chocolate training in Durango, CO. Value of FF&E (Included in Asking Price): $150,000. Seller Financing: No. Competition/ Market: Nation’s leading premium brands. Are a good retail combination since chocolate and ice cream have different, yet complimentary peak seasons. Quality, variety and 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”, been voted “Best Ice Cream” countless times. Rocky Mountain is rated top chocolate for its "rich, intense flavor”. Cold Stone Creamery - 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 and Expansion: First Cold Stone opened in 1988 & Rocky Mountain in 1981. There are 1,400 Cold Stone and 368 Rocky Mountain locations operating worldwide. Continue to expand co-branded partnerships and create new products to increase sales. Cold Stone has the highest average unit sales volume of any ice cream concept. First to provide online/smart phone ordering, builds frequency of cake orders because it’s so easy. Ice cream/yogurt/candy is consumed by more than 90% of households. The frozen desserts industry estimated at $21 billion+. Highly confidential listing, please do not discuss with employees or patrons. Listed by Tami Hillier at EatZ & Associates

  

General Information

Organization Corporation
Year Established 2005
Current Owners 2015
Employees 2 Full & 6 Part-Time
Operating Hours Mo-Sa 11a-10p & Su 12n-10p
Reason For Sale Lives too far away.
   

Facilities

Seating 9 Inside & 8 Outside
Square Feet 1,250
Parking Lot
Licenses None
   

Financials

Revenue $356,372 / year
Cash Flow $65,316 / year
Payroll Contact For Info
Inventory Contact For Info
FF & E $150,000
 
 

Lease

Lease $3,976 / month  
Expiration 05/2020  
Yearly Adjustment Not Available  
Option One 5-year option  
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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