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Package Deal - Two Cold Stone Creamerys Duluth, MN - Stone Ridge Shopping Center & Canal Park!

Duluth, Minnesota
Package Deal - Two Cold Stone Creamerys Duluth, MN - Stone Ridge Shopping Center & Canal Park!
Asking Price:$300,000
Gross Sales: $681,977
Cash Flow: $154,391
Monthly Rent: $4,768 & $4,835
Value Of FF&E: Included In Asking Price
Real Estate: Leased
Year Established: 2004 & 2006
Status: Under Contract

Contact Details

Contact Name: Tami Hillier

Contact Email:

Contact Phone: 503-319-4626

Contact Fax: 877-481-6028

Contact Broker

Business Description

Offering the best tasting, made-to-order ice cream. Churned in-store fresh daily using only the finest ingredients and mixed on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces and more. Also, smooth & creamy frozen yogurt loaded with probiotics in low-fat/calorie flavors and dairy-free sorbet. Every creation made-to-order available in cups, cones, waffle bowls and shakes, plus mix & go. Every option for everyone, all served in a fun and friendly atmosphere.

As well as sundaes, shakes and smoothies, along with pre-packed quarts and party packs. In addition to the richest ice cream cakes, cupcakes and cookie sandwiches for takeout or conveniently ordered online or by smart phone 24 hrs/day. Cold Stone has the perfect cake for any occasion: signature, birthday, kid-themed, petite, custom and photo cakes, plus signature pies.

Both absentee owned.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not discuss with employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.



Detailed Information

County: St Louis

Location: Stone Ridge Shopping Center - Located in busy shopping center along with Cub Foods, Caribou Coffee, Chico's, Famous Footwear, Hobby Lobby, Michaels, Office Max, Payless, Petco, Pier 1, Shopko, Sprint, Taco Bell and more. Across popular Miller Hill Mall, the shopping destination of the Northland featuring 108 stores. Perfectly situated minutes from downtown and I35, near Hwy 53 and Miller Trunk Hwy. Attracts customers from the Duluth area, the Iron Range, WI, MI and Canada. Also, near the University of Minnesota - Duluth campus. Canal Park Tourist Area - Seasonal location in the spectacular tourist district along the waterfront of Lake Superior. Canal Park is perfectly situated across the Interstate 35 freeway from Downtown Duluth, it is connected by the famous Aerial Lift Bridge to the Park Point sandbar and neighborhood. Highlights of the park include the Lake Walk, Aquarium, Maritime Museum and much more. Plus, there's art galleries, jazz clubs, coffee houses and dozens of fabulous boutiques, shops, cafes, eateries, breweries and hotels. Canal Park is Duluth Minnesota's playground! Area - One on Minnesota's gems, a harbor city on Great Lake Superior only 3 hours away from the Twin Cities. The 4th-largest city in Minnesota with the largest metropolitan area on the Lake. A popular tourist destination for the Midwest!

Facilities: Leased spaces $4,768/mth & $4,835/mth includes rent and CAM. Current lease expires 2019 with one 5-year option & 2026 with two 5-year options. Square Feet: 2,240 & 1,630. Seating: 20 Inside & 0 Outside & 20 Inside & 6 Outside. Days/Hrs of Operation: Su-Th 12n-9p & Fr-Sa 12n-10p .

Competition: Nation's leading premium ice cream brand. Voted "Best Ice Cream" countless times. Quality, variety and choice - what customers want! With seemingly endless combinations of mix-ins, allows customers to dream up their own ice cream treat or choose from their wildly popular Signature Creations. Never prepackaged or shipped in, it's the freshness factor that sets them apart. 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." An artisanal ice cream with high standards for taste, consistency and texture. Ranked #1 in Category. Ranked in the Top 50 - Nation's Restaurant News "Beloved Brands". Consumer Pick - Nations Restaurant News. 1st Place for Craveability in the Dessert Category - Nation's Restaurant News. Ranked in the Top 200 of the Countries Best Franchises - Franchise Times. Ranked in the Top 100 Global Franchises In The World - Franchise Direct. Ranked in the Top 50 "Entrepreneur Franchise 500 List" - Entrepreneur Magazine.

Growth and Expansion: First store opened in 1988, began franchising in 1994. After 30 years in business, this iconic brand continues to thrive and grow. Currently operating more than 1,000 locations in the United States and hundreds in nearly 30 international markets. Ice cream is America's favorite dessert. Our love affair with ice cream appears everywhere in popular culture - in books, songs, television and movies. Ice cream is also unique because our love and craving for it, stays with us throughout our entire lives. And Cold Stone Creamery is the ultimate ice cream experience, beloved by millions of customers in the U.S. and around the world. Has captivated the sweet tooth of consumers everywhere. Enjoys household name recognition and boasts remarkable customer loyalty. Is a truly remarkable brand that has proven staying power. Cold Stone is also committed to innovation, offering special themed products to celebrate each season, each holiday and big Hollywood blockbuster movies. And Cold Stone continues to expand co-branded partnerships and create new flavors to increase sales. It also has the highest average unit sales volume of any ice cream concept. Was the first to provide online/smart phone ordering, builds frequency of cake orders because it's so easy. Plus, it's an easy-to-run and easy-to-scale business that uses only state-of the art equipment. There has never been a better time to invest in the franchise. Owning a Cold Stone doesn't require any previous experience in the restaurant or service industry, they provide everything an entrepreneur needs to succeed. Not only is it a sound investment with tremendous training, great marketing support and an exceptional product, but it's also a fun business to own. Cold Stone Creamery is a stand-out brand in the rapidly growing $8 billion-dollar booming ice cream industry. And consumer demand for premium handmade ice cream containing high quality ingredients is on the rise!

Support/Training: 80 hrs @ Store and 5 days @ Headquarters in Scottsdale, AZ.

Number of Employees: 4 Full & 10 Part-Time

Seller Financing: No

Reasons For Selling: Too far away.

Gross Sales: $681,977

Value Of FF&E: Included In Asking Price


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