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Cold Stone Creamery for Sale by We Sell Restaurants. Current sales of $375K-400K yearly with lots of room to grow from this outstanding Atlanta location. Almost 4 years old, this operation is located in the prime Perimeter Mall area surrounded by great anchor tenants, such as Super Target, Taco Mac, Cheeseburger in Paradise etc., and plenty of office business. Free standing building with patio. A savvy, hands-on operator can easily continue and build on the growth already achieved. Operation has been rated in top 2 for Atlanta, Top 5 in Georgia and Top 10 in Southeast...WITH ROOM TO GROW! Voted "Store of the Quarter" in the Southeast for the past three quarters in a row!.
Demographics for this location are outstanding: 155,408 daytime population with an average HH income of $111,643 within a 3 mile radius. Cold Stone holds the lease so no personal guarantee.
Owner operator will net more than 10% of sales for a location that will only keep delivering on the Cold Stone promise.
Originally built out for $330,000+, this opportunity is being offered at a very reasonable price of $199,000.
Listing will not last as competition is hot for these great stores and locations.
We Sell Restaurants is nationally known for our expertise and education. We are designated National Industry Experts by the Business Brokerage Press. Our leaders serve on the Executive Board of the Georgia Association of Business Brokers and are members of the Florida Business Brokers Association, International Business Brokers Association and Georgia Restaurant Association. We Sell Restaurants is the only restaurant brokerage firm in the nation accepted as a Sysco ICare provider.
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General Information
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| Listing Status: |
Sold |
| Price: |
$199,000 |
| Location: |
National Franchise |
| Last Year's Annual Gross: |
$375,000 |
| Last Year's Adjusted Net: |
$49,090 |
| Lease Information: |
1 year plus 5 years remaining, Lease held by corporate - potential for no personal guarantee/deposit |
| Monthly Rent: |
$5,800 |
| Indoor Seating: |
15 |
| Outdoor Seating: |
25 |
| # of Part-Time Employees: |
15 |
| # of Full-Time Employees: |
1 |
| Hours Open: |
Weekend 12 Noon to 11 PM
Week Days We Noon to 10 PM
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| Year Established: |
2006 |
| Inside Sq. Ft.: |
1500 |
| Hood System: |
No |
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Highlights
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- Sales to hit $440,000 this year
- Runs on 1 Full Time Manager and lots of Part Time Help
- Unbelieveable Million Dollar Location
- Free standing building has patio and indoor seating
- Ranked #1 Franchise in Category by Entrprenuer Magazine in 2007
- Buy for half the required investment for a new store (Cold Stone est. $294,250 - 438,850)
- Nearly 1400 Stores in US PR, Guarm Japan and Korea
- Initial Franchise Fee is $42,000-You Get Entire Store Built Out for $199,000
- In 2006, Cold Stone was ranked #11 in Entrepreneur Magazine's Fastest Growing Franchises
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