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High Volume Cold Stone Creamery Mankato, MN - University Square Apartments & Mall!

Mankato, Minnesota
 High Volume Cold Stone Creamery Mankato, MN - University Square Apartments & Mall!
Asking Price:$299,000
Gross Income: $533,180
Cash Flow: $87,171
Monthly Rent: $3,888
Value Of FF&E: Included in Asking Price
Real Estate: Leased
Year Established: 2004
Status: New Listing

Contact Details

Contact Name: Tami Hillier

Contact Email: sales@eatz-associates.com

Contact Phone: 503-319-4626

Contact Fax: 877-481-6028

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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.

As well as hot stone plated indulgent desserts with chocolate chip cookies, brownies and chocolate cakes. Also, old fashion sundaes, frappes and fruit smoothies, along with pre-packed quarts and party packs. Every option for everyone, all served in a fun and friendly atmosphere.

In addition to the richest cakes, cupcakes, cookie sandwiches and pies 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 or photo cakes.

Asking price also includes a cool cart, 5x8 catering trailer and 7x12 concession trailer with freezer. This location currently sells ice cream at 3 area high school girls & boys basketball games and has the rights to sell ice cream at all Mankato Moondogs home baseball games.


One of the highest volume stores in this region! Also, this is the only Cold Stone in Mankato and within a 75-mile radius with opportunities to expand to the River Hills Mall or Madison Ave or North Mankato.

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

 

Detailed Information

County: Blue Earth

Location: Prime retail space in the University Square Apartments & Mall, a highly visible mixed-use multi-story development with ground level retail, restaurants and a AMC movie theater, plus 72 apartments above. Other popular tenants include Asian One, Chipotle, Jimmy Johns, Noodles & Co, Pieology, Weggy's, Boomtown, Johnny B's, Fantastic Sams, MJ Sports Clips, Rexius Nutrition, Wells Fargo and more. Perfectly situated directly across the street from Minnesota State University! Attracts students and locals before & after campus art performances, as well as athletic events at the Blakeslee Stadium (MSU football) and Taylor Center (MSU basketball, youth basketball, youth volleyball, indoor track, etc.) Over 15,000 students enrolled at the university. In addition to student housing above, there is also a lot of student housing within walking distance of the store.

Facilities: Leased space $3,888/mth gross. Current lease expires in Feb 2021 with two 5-year options. Square Feet: 1,452. Seating: 20 Inside & 10 Outside. Days/Hrs of Operation: Daily 10:30a-10:30p.

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 churned fresh on-site 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.

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. 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: 1 Full & 12 Part-Time

Seller Financing: No

Reasons For Selling: Moving out of state.

Value Of FF&E: Included in Asking Price

 

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