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Cold Stone Creamery Champaign, IL - University of Illinois Campus!

Champaign, Illinois
Cold Stone Creamery Champaign, IL - University of Illinois Campus!
Asking Price:$35,000
Gross Income: $264,621
Cash Flow: $41,189
Monthly Rent: $3,762
Value Of FF&E: $150,000
Real Estate: N/A
Year Established: 2005
Status: Under Contract

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

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. 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. 

Highly confidential listing, please do not discuss with employees or patrons.

 

Detailed Information

County: Champaign

Location: Prime retail space right on Green Street on the University of Illinois campus with over 40,000 students. Plus another 10,000 students were added this fall, with the completion of the new medical building. Perfectly situated next to Azzip Pizza and Starbucks across from Orange Leaf, Which Wich and Legends Sports Bar. Along with various small businesses, other restaurants, bars, hotels and apartment buildings which mostly house university students.

Facilities: Leased space $3,762/mth all in. Current lease expires in Mar 2021 with one 5-year option. Square Feet: 1,554. Seating: 10 Inside & Optional 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. 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 Premium." 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 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+.

Support/Training: 80 hours @ store and 5 days @ headquarters in Scottsdale, AZ.

Number of Employees: 3 Full & 7 Part-Time

Seller Financing: No

Reasons For Selling: Time constraints.

Value Of FF&E: $150,000

 

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