Buy a Cold Stone Creamery Just Reduced For Sale business for sale in Ardmore on BusinessesForSale.com

  • Advert ID: 679008
  • (Seller ref: coldstoneardmore)

Cold Stone Creamery Just Reduced For Sale


Location:
Category:
Asking price:
$199,000
Sales revenue:
$340,214
Net profit:
< $250k
Franchise opportunity:
Yes
Years established:
2004
Employees:
16pt


Reduced by 100K VERY MOTIVATED SELLER WILL ACCEPT ANY REASONABLE OFFER. This is a great opportunity to own the #1 Ice Cream Franchise as ranked by Entrepreneur 500. The store is being operated completely absentee and with good semi absentee owner, or owner/operator, the store can increase sales by as much as 30-40% as based on historic numbers. The price is less then it would cost to build a new store, so this is a great opportunity for bargain hunters. The seller is motivated and is looking for a quick sale. Second location is available in Wayne and also right to a third location in Doylestown for $49,000. Summer is coming, don't miss out on this one. Worth looking at.


Real Estate:
Lease
Location:
Location is in a busy strip center in the heart of Ardmore. 10 year lease with 5 year option.

Expansion potential:
Tremendous growth can be achieved by good owner, who is willing to work semi-absentee, as evident by historic numbers. The seller operates the business completely absentee and does not live in the area.
Competition / Market:
Cold Stone has a great market presence and has a tremendous reputation. It is the fastest growing premium ice cream concept in the country and is ranked #1 in it's category by Entrepreneur 500.
Support & training:
Training is provided by the Franchisor. Seller will train for 2 weeks after closing. Seller has credit with Franchisor for 1 free training.
Reasons for selling:
Seller is not local and runs the business absantee
Financing available:
None
Furniture / Fixtures value:
$100,000
Inventory / Stock value:
$2,000

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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