High-Volume Well-Established Cold Stone Creamery Alexandria, VA - Hoffman Town Center!
Plus, Carlyle Crossing With New Wegmans Food Market, 210,000 SqFt Of Additional Retail/Restaurants & 750 Luxury Residences Is Set To Open In 2022
Offering the best tasting, made-to-order ice cream! Churned in-store fresh daily using only the finest ingredients and mixed on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces and more. Also, dairy-free sorbet. Plus, a new plant based almond milk product. Every creation made-to-order available in cups, cones, waffle bowls and shakes, plus mix & go. Every option for everyone, all served in a fun and friendly atmosphere.
As well as sundaes and smoothies along with pre-packed quarts and party packs. In addition to the richest ice cream cakes, cupcakes and cookie sandwiches for takeout or conveniently ordered online or by smart phone 24 hrs/day. Cold Stone has the perfect cake for any occasion: signature, birthday, kid-themed, petite, custom and photo cakes, plus signature pies.
Cold Stone is the nation's leading premium ice cream brand. Voted "Best Ice Cream" countless times. Quality, variety and choice-what customers want! With seemingly endless combinations of mix-ins, allows customers to dream up their own ice cream treat or choose from their wildly popular Signature Creations. Never prepackaged or shipped in, it's the freshness factor that sets them apart. Better because made fresh every day in every store, puts them in a class of their own. Industry experts categorize Cold Stone as "Super Premium." An artisanal ice cream churned fresh on-site with high standards for taste, consistency and texture.
Also, as a brand Cold Stone is seeing great rebounding sales and with the inherent nature of pick-up, takeout and delivery, these types of concepts will surely be the winners for some time to come.
Well established location for 20 years. Absentee owned - turnkey. 2022 sales up! Also, the DC/VA markets will now be closed for all new development moving forward, so no new Cold Stones will be allowed making existing stores more valuable!!
Location: Prime retail space in Hoffman Town Center, a vibrant mixed-use urban center in historic Alexandria adjacent to the Eisenhower Ave Metro Station and close to the National Science Foundation. This amazing center is comprised of more than 7 million sqft spread over 56 acres, features 3.5 million sqft of Class A office space in 10 buildings, 1.5 million sqft of residential space in several residential towers, 2 full-service hotels, a public park, 200,000+ sqft of retail stores and restaurants, plus a 22-screen AMC Theater.
Other popular eating & drinking establishments include Bad Ass Coffee of Hawaii, Brabo Tasting Room, Café Old Town, Delia’s Mediterranean Grill, Foster’s Grille, Galae Thai, Hunan Café, Joe Theismann’s Restaurant, Rus Uz, Pasara Thai, San Antonio Bar & Grill, Starbucks, Subway, Sumo Hibachi & Sushi, Sweet Fire Donna’s, Ted’s Montana Grill, Tequila & Taco, Trademark Drink & Eat, Zikrayet Lebanese Restaurant & Lounge, Whiskey & Oyster and &Pizza-Carlyle.
A hub of activity. It’s one of Alexandria's largest retail and entertainment centers. Popular with office workers, shoppers, visitors and residences alike. Enjoys both excellent vehicle and foot traffic. Features abundant parking. Serves as the focal point of activity for both the Eisenhower Valley and the surrounding area!
Hoffman Town Center is strategically located off the Telegraph Rd and Eisenhower Ave interchanges of Interstate I-495/Capital Beltway. Boasts unparalleled access to and from major government and business centers throughout the greater Washington Metropolitan area!
Sellers Note: Another new 16-floor 520 apartment building has recently opened. Plus, Carlyle Crossing with a new Wegmans Food Market, 210,000 sqft of additional retail & restaurants, as well as 3 towers of 750 luxury residences also opened in 2022!
Year Established: 2003.
Lease Information: Leased space $8,408/mth gross. Current lease expires Aug 2024 with one 5-year option.
Square Feet: 1,360.
Seating: 6 Inside & 2 Outside.
Days/Hrs of Operation: Su-Th 12:30p-9p & Fr-Sa 12:30p-10p.
Owners Role: Absentee.
# Of Employees: 13 Part-Time.
Training: 80 hours at an approved training store, plus 5 days online corporate training.
Gross Sales (2022): $493,689.
Net Operating Income: $100,710.
Value of FF&E: Included In Asking Price (Valued at $60,000).
Value of Inventory: $1,000 - $7,000 (Not Included In Asking Price).
Seller Financing Available: Possibly, have an unused EIDL loan for $150,000 at 3.75% which is transferable with SBA approval.
Reasons for Selling: Other interests.
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.
Growth & Expansion: 1st store opened in 1988, began franchising in 1994. After 30 yrs, this iconic brand continues to thrive & grow. Currently operating more than 1,000 locations in the US & hundreds internationally.
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.
Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.
Listed By Tami Hillier at EatZ & Associates
