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Package Deal - 2 Cold Stone Creamery & Rocky Mountain Chocolate Stores Valparaiso & Crown Point, IN!
Valparaiso & Crown Point, Indiana

Asking Price

$398,000

Office Listing #

CSC VCP IN
Revenue $816,616 / year Lease Rent 4,000/2,360
Cash Flow $130,967 / year Square Feet 3,000
Direct Link www.restaurants-for-sale.com/26850

    

Incredible opportunity to own two hot franchises at two prime locations for one great price! Each one a successful premium brand ice cream combined with a top gourmet chocolate brand. And these two stores are also very well run, super clean and the most up-to-date! 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. Plus, 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, 8-layer ice cream cakes or customize their own cake or photo cake. Highly confidential listings, please do not discuss with employees or patrons. Locations: Valparaiso: Prime retail space in Valparaiso Walk, a 146,000 sqft power center situated near the intersection of State Road 49 and LaPorte Ave, on the east side of Valparaiso. Anchored by Best Buy, Bed Bath & Beyond, Marshalls and Michaels, plus Menards at the south end of the development and Aldi to the north. Other popular tenants include Dress Barn, Famous Footwear, Lane Bryant, Yankee Candle, Sally Beauty Supply, Sport Clips & more. This store is positioned in the front out lot along with Firehouse Subs and Noodles & Company next to TGI Fridays. Valparaiso University, with a student population of over 4,500 is located just one mile east of the center. Crown Point: Prime corner retail space in City Center, a 15-acre 45,000 sqft mixed use development just south of the Methodist Hospital and Purdue University Calumet. Other popular tenants include Three Monkeys Pub, Z Grill, Anytime Fitness and more. More office space is currently being built out! Close to the soft ball fields. Year Established: 2005 & 2006. Lease Information: Valparaiso: Leased space $4,000/mth. Crown Point: Leased space $2,360/mth. Both include rent, CAM and insurance. Both leases expire in 2019 with the option to renew. Square Feet: 1,500 & 1,500. Seating: 14 In/12 Out & 14 In/6 Out. Training: 80 hrs @ store and 5 days @ headquarters in Scottsdale, AZ along with Rocky Mountain Chocolate training in Durango, CO. # Of Employees: 10 Part-Time & 10 Part-Time. Gross Income (2016): $437,217 + $379,399 = $816,616. Cash Flow: $130,967. Value of FF&E (Including 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 & 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+. Listed by Tami Hillier at EatZ & Associates

  

General Information

Organization Corporation
Year Established 2005
Current Owners Contact For Info
Employees 20 Part-Time
Operating Hours Daily 11a-10p
Reason For Sale Retiring
   

Facilities

Seating 28 Inside & 18 Outside
Square Feet 3,000
Parking Lot
Licenses None
   

Financials

Revenue $816,616 / year
Cash Flow $130,967 / year
Payroll Contact For Info
Inventory Contact For Info
FF & E $300,000
 
 

Lease

Lease 4,000/2,360  
Expiration 2019  
Yearly Adjustment Not Available  
Option Options 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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