POMPANO BEACH, Florida
| Asking Price |
$4,500,000 |
Year Established |
|
|
| Annual Revenue |
$4,369,975 |
Reason for Selling |
Retiring. |
|
| Annual P/L |
$0 |
Attention |
Tami Hillier |
|
| Annual Cash Flow |
$989,719 |
Listing Number |
1019327 |
|
| # of Employees |
66 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
Package Deal - 5 High-Volume Well-Established Cold Stone Creamery - Coconut Creek, Coral Springs, Miami Lakes, Plantation & Pompano Beach, FL!
“Prime Retail Spaces In Promenade At Coconut, Plaza At Royal Palm, Main Street Shopping Center, Vizcaya Square Shopping Center & Pompano Citi Centre”
Cold Stone is the nation’s leading premium ice cream brand, voted “Best Ice Cream” countless times. Industry experts categorize it as “Super Premium” - artisanal ice cream churned fresh in-store daily with the finest ingredients, never prepackaged or shipped in. Mixed on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces and more, letting customers dream up their own treat or choose wildly popular Signature Creations.
Also offers dairy-free sorbet, a new plant-based almond milk product, smoothies, shakes, pre-packed quarts, party packs, cupcakes, cookie sandwiches and signature pies. Plus, the richest ice cream cakes: signature, birthday, kid-themed, petite, custom and photo cakes. Every creation custom-made in cups, cones, waffle bowls or mix & go, served in a fun, friendly atmosphere. Delivery, takeout and online ordering available.
Established 16, 22, 21, 23 and 20 years. Turnkey! The $4,500,000 asking price for all 5 locations is firm!
Listed by Tami Hillier at EatZ & Associates
Property Features and Assets:
<p>Coconut Creek: Vibrant open-air center with 30+ shops, upscale dining like The Cheesecake Factory and Cooper’s Hawk, plus an 11-screen luxury Silverspot Cinema. Adjacent to Monarch High School.</p><p>Coral Springs: Recently modernized plaza in one of America’s 100 Best Places to Live. 27,500 vehicles daily. Near Mullins Park.</p><p><br>Miami Lakes: 225,000 sqft live-work-play development with 13-screen CMX Cinemas, a full-service hotel and golf resort, and the Main Street Festival of Lights.</p><p><br>Plantation: Winn-Dixie-anchored center. 36,400 vehicles daily, across from an elementary school.</p><p><br>Pompano Beach: Largest retail concentration in NE Broward (60 acres), across from Whole Foods and an 18-screen theater.</p><p>SqFt: 1,269/1,460/1,306/1,328/1,103<br>Seating: 6/2, 8/8, 4/8, 4/8, 4/8 (In/Out)<br>Hrs: Su-Th 12n-10p, Fr-Sa 12n-12a<br>Owners Role: Absentee. GM oversees all 5; full-time manager at each store<br>Training: 80 hrs at approved store, plus 5 days online<br>Lease: $6,865/$3,132/$6,728/$5,185/$5,305 mth gross; expire 9/29 (5-yr option), 7/28, 7/29, 11/32, 12/35<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. Enjoys incredible household name recognition and loyalty, a remarkable brand with proven staying power! Ranked #1 in Category. Named a Top 50 Beloved Brand, “Consumer Pick” and “1st Place for Craveability” by Nation’s Restaurant News. Ranked among the country’s Top 200 Best Franchises by Franchise Times, Top 100 Global Franchises by Franchise Direct and Top 50 of Entrepreneur’s Franchise 500. </p><p>First store opened in 1988 and franchising began in 1994. Over 30 years later, this iconic brand continues to thrive and grow with more than 900 US locations and 1,300 worldwide. Cold Stone keeps expanding co-branded partnerships and creating new flavors to increase sales, plus special themed products for each season, holiday and blockbuster movie. Also has the highest average unit sales volume of any ice cream concept. Easy-to-run with 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