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Package Deal 2 Cold Stones & Rocky Mountain Chocolate Gahanna & Dublin OH-Creekside Plaza/Avery Sq!
Gahanna & Dublin, Ohio

Asking Price

$165,000

Office Listing #

CSC GD OH
Revenue $638,398 / year Lease Rent 2,062/4,330
Cash Flow $117,158 / year Square Feet 1,576 & 2,265
Direct Link www.restaurants-for-sale.com/26822

    

Incredible opportunity to own two prime locations for one great price. And the second location has combined the successful premium brand ice cream with a top gourmet chocolate brand! Cold Stone uses 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. The Gahanna location also caters to Ohio State University! Has 3 freezer locations on campus. Ice cream is delivered twice a week. Students can use their student cards/food credits. Current contract in place till September 2020, working on an even longer term deal. And the Dublin location also features Rocky Mountain Chocolates. Offering delicious fudge, old-fashion caramel apples and larger-than-life hand made chocolates. Highly confidential listings, please do not discuss with employees or patrons. Locations: Gahanna - In Creekside Plaza, where charm, style and convenience converge along the bank of Big Walnut Creek with its beautiful views, premier dining, boutique shopping and paddle boating & fishing at Creekside Park. Features a dozen eateries including Pigskin Brew Co, Old Bag of Nails Pub, J Gumbos, Signatures Mill Stone Tavern and more. Also boasts a variety of year-round events, a summer concert series and the award-winning Creekside Blues & Jazz Festival! Perfectly situated in Gahanna, the Herb Capital of OH. The city’s convenient location is just east of Columbus, 5 minutes from Columbus International Airport and close to Central Ohio’s most popular attractions. Gahanna has been named as Best Hometown by Ohio Magazine, one of the best places to retire by Enterprise Magazine and was listed among the top 100 places to live by Money Magazine. Dublin - In Avery Square, a busy 179,899 sqft retail center with a distinctive blend of national, regional and local retailers. Convenient location to Dublin and its surrounding communities. Boasts unique architectural features like decorative awnings on a contrasting stone and brick facade. The average household income within 3 miles is $140,497 with 71% of households earning more than $75,000 per year. Other popular tenants included Kroger, Bath & Body Works, Tuesday Morning, Hallmark, Pet People, Piada Italian Street Food, Five Guys Burgers & Fries, Buffalo Wild Wings, Tim Hortons, Wendy's and much more. Also close to Dublin Methodist hospital. Perfectly situated in Dublin, a progressive, well-educated and innovative city surrounding the Scioto River in the NW area of metropolitan Columbus. The city annually hosts Jack Nicklaus’ PGA Tour Memorial Tournament at Muirfield Village Golf Club and also boasts one of the nation’s largest Irish cultural events – the Dublin Irish Festival. Recently, Dublin was recognized as the Most Outstanding Global Festival & Event City in the World by the International Festivals & Events Association. Year Established: 2007 & 2008 Lease Information: Gahanna- Leased space $2,062/mth (% of sales). Current lease is month to month, landlord open to more term at similar rates. Dublin - Leased space $4,330/mth which includes rent, CAM, insurance & taxes. Current lease expires in 2018 with the option to renew. Days/Hrs of Operation: Su-Th 11:30a-9:30p & Fr-Sa 11:30a-10:30p. Training: 80 hrs @ Store and 5 days @ Headquarters in Scottsdale, AZ. Gross Income (2016): $320,426 + $317,972 = $638,398. Cash Flow: $117,158 (With Full-Time Managers In Place!). Value of FF&E (Included in Asking Price): $300,000. 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 listings, please do not discuss with employees or patrons. Listed by Tami Hillier at EatZ & Associates

  

General Information

Organization Corporation
Year Established 2007/2008
Current Owners 2007/2008
Employees 1 Full/12 Part & 1 Full/13 Part
Operating Hours Su-Th 11:30a-9:30p & Fr-Sa11:30a-10:30p
Reason For Sale Downsizing.
   

Facilities

Seating 22 In/6 Out & 28 In/8 Out
Square Feet 1,576 & 2,265
Parking Street, Garage, Lot, Etc
Licenses None
   

Financials

Revenue $638,398 / year
Cash Flow $117,158 / year
Payroll Contact For Info
Inventory Contact For Info
FF & E $300,000
 
 

Lease

Lease 2,062/4,330  
Expiration 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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