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
& 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
Squirrel Hill - Squirrel Hill is not only one of the best city neighborhoods to
in Pittsburgh, but also one of Pittsburgh’s most affluent and well-educated
This Cold stone is perfectly situated at the corner of Forbes & Murray, at the
center of Squirrel Hill’s robust and vibrant business district. While Murray
is a feast for foodies, Forbes Ave is heaven for shoppers. Featuring a
and impressive array of casual eateries, culinary offerings and coffee/tea
shops such as Turkish Kebab House, Te Café, Waffalonia, Gaby Et Jules,
Commonplace Coffeehouse and Dobra Tea. As well as 3 of Pittsburgh’s
popular pizzerias: Aiello’s, Mineo’s and Napoli. Along with several
neighborhood bars including Silky’s, Squirrel Hill Café and Independent
Brewing Company. Plus, many independent shops and boutiques like Ten
Thousand Villages, Contemporary Concepts and Avalon Exchange.
The Business district also has the best Carnegie library branch in the area.
It’s home to the Manor, one of Pittsburgh’s oldest and best movie theaters. It
is sandwiched between 2 beautiful parks: Frick Park and Schenley Park.
U of Pitt, CMU and Chatham University as well as several hospitals are also
close by. There’s also a ton of culture, art and street festivals to enjoy all
Waterworks Mall - A popular outdoor super-regional shopping mall on
Freeport Road in Pittsburgh. Anchored by Barnes & Noble, Bed Bath &
Beyond, Dunham's Sports, Giant Eagle, Marshalls, Petco, TJ Maxx and
Walmart. This busy 914,638 sqft mall also features more than 75 retail
and restaurants, as well as a movie theater. Other eating & drinking
establishments include Starbucks, Burgatory, Panera Bread, Uncle Sam's
Subs, Five Guys Burgers, Aladdin's Eatery, Italian Village Pizza, Ichiban
Hibachi & Sushi Bar, La Cappella and Subway.
Squirrel Hill - Leased space $6,769/mth all in. Current lease expires in Sep
2018 with one 5-year option.
Waterworks Mall - Leased space $3,990/mth all in. Current lease expires
2020 with the option to renew.
Training: 80 hrs @ Store and 5 days @ Headquarters in Scottsdale, AZ.
Value of FF&E (Included in Asking Price): $300,000.
Seller Financing: No.
Competition/Market: Nation’s leading premium ice cream brand. Voted
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
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+.
Turnkey with a full time general manager in place managing both locations!
Absentee owner lives out of state. Highly confidential listing, please do not
discuss with patrons or employees.
Listed by Tom Traina at EatZ & Associates