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Cold Stone Creamery Evanston, IL – Downtown Evanston Near Northwestern!
Evanston, Illinois

Asking Price

$29,000

Office Listing #

CSC EV IL
Revenue $222,063 / year Lease Rent $3,699 / month
Cash Flow $25,000 / year Square Feet 1,100
Direct Link www.restaurants-for-sale.com/26588

    

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 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 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: signature, eight-layer ice cream, custom or photo cakes. Also catering. 2017 sales up 18%! Highly confidential listing, please do not discuss with employees or patrons. Location: Prime retail space in downtown Evanston, an affluent north shore suburb of Chicago. Within walking distance to a number of restaurants, movie theaters and most importantly, Northwestern’s college campus. Perfectly situated in a lively neighborhood along with retailers and residences. Also near the public library. Minutes from public transportation to and from downtown. The ideal mix of large metropolitan suburb and college campus. Lease Information: Leased space $3,699/mth includes rent, CAM, insurance and taxes. Current lease expires in April 2018 with the option to renew. Square Feet: 1,100 (+ 1,100 sqft basement for storage). Training: 80 hrs @ at the store and 5 days @ Headquarters in Scottsdale, AZ. Value of FF&E (Included in Asking Price): $150,000. Seller Financing: No. Competition/Market: 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 U.S. & 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+. Listed by Tami Hillier at EatZ & Associates

  

General Information

Organization Corporation
Year Established 2005
Current Owners Contact For Info
Employees 9 Part-Time
Operating Hours Mo-Th 12n-10p & Fr-Su 12n-10:30p
Reason For Sale Another opportunity.
   

Facilities

Seating Inside + Outside Benches
Square Feet 1,100
Parking Street, Garage, Lot, Etc
Licenses None
   

Financials

Revenue $222,063 / year
Cash Flow $25,000 / year
Payroll Contact For Info
Inventory Contact For Info
FF & E $150,000
 
 

Lease

Lease $3,699 / month  
Expiration 04/2018  
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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