LYNCHBURG, Virginia
| Asking Price |
$209,000 |
Year Established |
2005 |
|
| Annual Revenue |
$440,967 |
Reason for Selling |
Owner relocating. |
|
| Annual P/L |
$0 |
Attention |
Tami Hillier |
|
| Annual Cash Flow |
$94,959 |
Listing Number |
1019250 |
|
| # of Employees |
9 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
High-Volume Well-Established Cold Stone Creamery Lynchburg, VA - Montview Commons!
“In One Of The City’s Key Retail Destinations Along Highly Trafficked Montview Commons Retail Corridor, One Of Lynchburg’s Primary Commercial Arteries”
Offering the best tasting, made-to-order ice cream, churned fresh in-store daily from the finest ingredients and mixed on a frozen granite stone with endless combinations of fruits, nuts, candy and sauces. Also dairy-free sorbet and a new plant-based almond milk option, custom-made in cups, cones, waffle bowls, shakes and mix & go. Every option for everyone, plus smoothies, pre-packed quarts, party packs, cupcakes, cookie sandwiches, signature pies and the richest ice cream cakes for any occasion: signature, birthday, kid-themed, petite, custom and photo. Available for takeout or delivery, ordered online or by smartphone.
Cold Stone is the nation’s leading premium ice cream brand, voted “Best Ice Cream” countless times and categorized “Super Premium” by industry experts. Never prepackaged or shipped in, the freshness factor sets it apart, letting customers dream up their own treat or choose wildly popular Signature Creations, all served in a fun, friendly atmosphere. Quality, variety and choice, what customers want. Well-established franchise location for over 21 years.
Listed by Tami Hillier at EatZ & Associates
Property Features and Assets:
<p>Prime frontage on Wards Rd (US-29 Business) with over 40,000 vehicles per day, exceptional visibility and steady year-round traffic with peak seasonal surges. Next to Crumbl, Jersey Mike’s, Mission BBQ, FedEx Office, Verizon and European Wax Center. Across from Sam’s Club, Walmart Supercenter and Wards Crossing with Target, Best Buy, Kohl’s, Aldi and PetSmart. Surrounded by Chick-fil-A, Chipotle, Five Guys, Olive Garden, Texas Roadhouse, Starbucks and more. Just south of the newly renovated River Ridge Mall lifestyle center with 50+ retailers and a 14-screen Regal Cinema. Adjacent to Liberty University (96,000+ students) and near Central Virginia Community College (5,000+ students). Nearly 90,000 residents within 5 miles.</p><p>SqFt: 1,600<br>Seating: 12 Inside & 5 Outside<br>Hrs: Mon-Thu 12pm-9pm, Fri-Sat 12pm-10pm (Closed Sunday)<br>Owners Role: Owner operated, active day-to-day<br>Training: 80 hrs at approved training store, plus 5 days online corporate<br>Lease: $4,871/mo gross. Expires Nov 2030 w/one 5-year option<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 of customers with powerful name recognition, strong brand loyalty and proven staying power. Benefits from multiple revenue streams, including catering and special events. Ranked #1 in Category. Top 50 Beloved Brands, “Consumer Pick” and “1st Place for Craveability” by Nation’s Restaurant News. Top 200 Best Franchises by Franchise Times. Top 100 Global Franchises by Franchise Direct. Top 50 in Entrepreneur Franchise 500. First store opened in 1988, franchising since 1994, and after 30+ years this iconic brand continues to thrive with 900+ US and 1,300 worldwide locations. Holds a dominant frozen dessert position with a highly differentiated product and customer experience. Highest average unit sales volume of any ice cream concept. Keeps expanding co-branded partnerships, new flavors and seasonal, holiday and blockbuster movie themed products. Easy to run using only state-of-the-art equipment!<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