Five High-Volume Well-Established Cold Stone Creamery For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Coconut Creek, FL: Leased space $6,865/mth gross. Current lease expires Sep 2029 with one 5-year option.

Coral Springs, FL: Leased space $3,132/mth gross. Current lease expires Jul 2028. Landlord open to more term.

Miami Lakes, FL: Leased space $6,728/mth gross. Current lease expires Jul 2029.

Plantation, FL: Leased space $5,185/mth gross. Current lease expires Nov 2032. Landlord open to more term.

Pompano Beach, FL: Leased space $5,305/mth gross. Current lease expires Dec 2035.

Location:

Coconut Creek, FL - Prime retail space in a standout destination in North Broward County. This vibrant open-air center offers a wonderful blend of retail, dining and entertainment options, making it a popular spot for both locals and visitors alike.

Boasts over 30 stores and boutiques, featuring a great mix of brand-name retailers and unique local shops.

Also, offers a wide range of culinary delights from casual eateries to upscale dining establishments.

Plus, perfectly situated adjacent a High School and surrounded by a vast residential area!

Coral Springs, FL - Prime retail space in a thriving well-maintained (and recently modernized) mixed-use shopping center ideally situated in Coral Springs, recognized as one of the 100 Best Places to Live in the United States!

This bustling plaza features a variety of sought-after tenants including retail shops, restaurants, medical facilities, a grocery store and a school.

Perfectly situated at the high-traffic intersection of Royal Palm Blvd and Coral Springs Dr with over 27,500 vehicles passing daily.

Also, strategically located near Mullins Park, a popular local destination offering various sports and recreational activities, as well as Coral Springs Center for the Arts, Coral Springs Parks & Rec, Coral Springs Gymnasium and Coral Springs Museum of Art.

Miami Lakes, FL - Prime retail space in an incredible 225,000 sqft mixed-use development which serves as a central hub for shopping, dining, entertainment and community events for Miami Lakes and its surrounding communities.

Offers an impressive variety of upscale shops and restaurants, as well as several hair salons, a state-of-the-art gym and a full-service hotel, resort & golf club.

This successful urban development also includes apartments, offices and civic facilities, such as the Town of Miami Lakes’ Government Center, creating an innovative live-work-play environment. And is part of the master plan of Miami Lakes - all roads lead to Main Street. In addition, it has been recognized in many national publications for being in the forefront of mix-use developments!

Plantation, FL - Prime retail space in a vital retail hub offering a diverse mix of shopping and dining options.

Perfectly situated at the busy intersection with over 36,400 vehicles per day. And located just across the street from an Elementary School. Plus, surrounded by a densely populated residential area!

Pompano Beach, FL - Prime retail space in a leading open-air shopping and entertainment destination offering a fantastic mix of retail, dining and entertainment options. Spanning almost 60 acres, the centre is the largest concentration of retail space in northeast Broward County. And serves as a community gathering place, hosting events and activities that cater to families and individuals of all ages.

Boasts an extensive selection of national department stores and big-box retailers.

Conveniently situated at a busy intersection providing easy access for residents and visitors alike.

Premises Details:

Years Established: 2009 & 2003 & 2004 & 2002 (Current Owner 2005) & 2005.

Seating: 6 In/2 Out & 8 In/8 Out & 4 In/8 Out & 4 In/8 Out & 4 In/8 Out.

Owners Role: Absentee owned - has a general manager that oversees all 5 locations, plus each store has a full-time manager in place. (Corporate requires a local owner or dedicated operations manager).

Size in square feet:

1,269 & 1,460 & 1,306 & 1,328 & 1,103

Business Operation

Management type:

This business has absentee ownership.

Expansion Potential:

1st store opened in 1988, began franchising in 1994. After 30 years, this iconic brand continues to thrive & grow. Currently operating more than 900 locations in the US & 1,300 worldwide.

And Cold Stone continues to expand co-branded partnerships & create new flavors to increase sales. Is also committed to innovation, offering special themed products to celebrate each season, holiday & big blockbuster movie. Also has the highest avg unit sales volume of any ice cream concept. Plus, it's easy-to-run using only state-of-the-art equipment!

Competition / Market:

Ice cream is America's favorite dessert. And Cold Stone is the ultimate ice cream experience, beloved by millions of customers. Enjoys incredible household name recognition & loyalty. A truly remarkable brand w/proven staying power!

Ranked #1 in Category. Ranked in the Top 50 Beloved Brands, “Consumer Pick” & “1st Place for Craveability”-Nation's Restaurant News. Ranked in the Top 200 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.

Reasons for selling:

Retiring.

Trading hours:

Su-Th 12n-10p & Fr-Sa 12n-12a

Employees:

66 (14 Part-Time & 1 Full/8 Part & 1 Full/19 Part & 1 Full/10 Part & 12 Part-Time)

Years established:

16, 22, 21, 23 and 20 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Royalty/Ad Fees: 6% / 3%

Transfer Fee: $87,500 ($17,500 each)

Other Information

Support & training:

Absentee owned - has a general manager that oversees all 5 locations, plus each store has a full-time manager in place. (Corporate requires a local owner or dedicated operations manager). Training: 80 hours at an approved training store, plus 5 days online corporate training.

Financing available:

No

Website:

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Related Documents:

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