INDIANAPOLIS, Indiana
| Asking Price |
$225,000 |
Year Established |
2015 |
|
| Annual Revenue |
$341,898 |
Reason for Selling |
Retiring. |
|
| Annual P/L |
$0 |
Attention |
Tami Hillier |
|
| Annual Cash Flow |
$84,028 |
Listing Number |
1019090 |
|
| # of Employees |
3 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
Established Cold Stone Creamery Indianapolis, IN - Broad Ripple Village!
“One of Indianapolis’ Most Popular Dining, Shopping & Entertainment Districts”
Exciting opportunity to acquire an established Cold Stone Creamery franchise in the heart of vibrant Broad Ripple Village. This highly desirable location offers excellent exposure along the neighborhood’s main commercial corridor, surrounded by restaurants, bars, boutiques, entertainment venues, residential neighborhoods and year-round recreational attractions.
As a nationally recognized franchise, Cold Stone is celebrated for its super-premium ice cream, handcrafted Signature Creations and unique frozen granite stone preparation. Customers choose from a variety of flavors and mix-ins, including candy, cookies, brownies, fruit and nuts, creating personalized desserts prepared right before their eyes.
The menu offers multiple revenue opportunities beyond scoops: signature ice cream creations and custom mix-in combinations served in cups, cones and waffle bowls; handcrafted shakes, smoothies and specialty frozen treats; ice cream cakes, cupcakes and celebration desserts; seasonal flavors, limited-time promotions and specialty offerings; online ordering, takeout, pickup and delivery; plus gift cards, loyalty rewards and group/special-occasion purchases.
The franchise’s established brand identity, recognizable product offerings, national marketing initiatives and standardized operating systems provide an appealing foundation for an incoming owner.
Listed by Tami Hillier at EatZ & Associates
Property Features and Assets:
<p>Prime retail space in Broad Ripple Shoppes at the corner of Broad Ripple Ave and Guilford Ave, in one of Indianapolis’ most recognized cultural districts just 6 miles north of downtown. Energetic, pedestrian-friendly streets, eclectic shopping and thriving nightlife draw residents, college students, young professionals, families and visitors. Near the 26+ mile Monon Trail, just 2 miles from Butler University, close to The Vogue landmark music venue, and near the Indianapolis Art Center, Broad Ripple Park, White River and Central Canal. Accessible via major northside thoroughfares and IndyGo’s Red Line. Active day-and-evening traffic drives impulse purchases, after-dinner and late-night desserts, and repeat visits.</p><p>SqFt: 1,600<br>Seating: 22 Inside<br>Hrs: Mo-Th 1p-10:30p, Fr 1p-11p, Sa 12n-11p, Su 12n-10p<br>Owners Role: Owner operated, active day-to-day<br>Training: 80 hours at approved training store, plus 5 days online corporate training<br>Lease: $4,023/mth gross. Expires Oct 2028, landlord open to more term<br></p>
Market Competition and Expansion:
<p>Ice cream is America’s favorite dessert, and Cold Stone is the ultimate ice cream experience, beloved by millions. It enjoys powerful name recognition, strong brand loyalty and proven staying power. The first store opened in 1988 and franchising began in 1994. Today it operates more than 900 US locations and 1,300 worldwide. It dominates the frozen dessert category with a highly differentiated product and customer experience, is the most recognized premium ice cream franchise in the country, and has the highest average unit sales volume of any ice cream concept. Plus, it’s easy to run using state-of-the-art equipment.<br><br>Cold Stone keeps expanding co-branded partnerships, creating new flavors and launching themed products for holidays and blockbuster movies. An engaged owner-operator could grow sales and profitability through local marketing to residents, businesses and students, partnerships with area restaurants, schools, offices and community organizations, more celebration cake orders, catering, and festival/concert/farmers market promotions.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity