Package Deal - Three High-Volume Well-Established Cold Stone Creamery - Billings, Great Falls & Missoula, MT!
All Three Turnkey With A FT Manager/Assistant Manager In Place At Each Location.
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.
Well established locations for 20, 16 and 21 years. All three turnkey with a full-time manager and assistant manager in place at each location. And the current owner overseeing as the general manager 20 hours a week!
Also, the current owner has just completed the brand’s mandatory refresh on two of the stores and the third stone will be complete by the end of summer.
Locations:
Billings - Prime retail space in a strip center along with Dollar Tree, Queen Bee Gardens and Silverstorm Creations in a busy retail area just off I-90/Route 212. Across 29th St from At Home, HomeGoods, Michaels, Old Navy, Sierra, The Home Depot, Petco, PetSmart and Best Buy. And across King Ave W from Famous Footwear, Fred’s Appliance, Lowe’s Home Improvement, Ross Dress For Less, Walmart Supercenter, World Market and so much more.
Other nearby eating & drinking establishments include Applebee’s Grill & Bar,
Arby’s, Cajun Phatty’s Café Rio Mexican Grill, Chick-fil-A, City Brew Coffee, Famous Dave’s BBQ, Firehouse Subs, Flours Bakery, IHOP, LemonGrass, Mooyah Burgers, Fries & Shakes, Pardon My Cheesesteak, Pizza Hut, Pizza Ranch, Qdoba, Red Lobster, Staggering Ox and more.
Great Falls - Prime retail space in Great Falls Marketplace, a 448,214 sqft regional power center just off I-15. Anchored by a busy Smith’s Supermarket. Along with many sought-after retailers including Barnes & Noble, Buckle, Denver Mattress, Famous Footwear, Furniture Row, GNC, Old Navy, Petco, Sally Beauty, The Home Depot and more.
Plus, several other popular eating & drinking establishments including Black Bear Diner, Cattlemen’s Cut Steakhouse, Chili’s Grill & Bar, McDonald’s, Ocean Star Seafood, Starbucks and Taco Del Mar. As well as a couple of hotels including Comfort Inn & Suites, Hampton Inn, Hilton Garden Inn and Holiday Inn Express & Suites. Also, an AMC Classic 10 movie theater!
Missoula - Prime retail space in Grant Creek Town Center, a popular retail center on N Reserve St near W Broadway St. Along with Dee-O-Gee MSLA, Famous Footwear, Great Clips, Mountain Hob Tub, REI, Ross Dress For Less, T.J.Maxx, Ulta Beauty and more. As well as other popular eating & drinking establishments including Arby’s, Crumbl, Jersey Mike’s Subs, Kobe Seafood & Steak House, Koh Chang Thai Restaurant, Little Caesars, Loose Caboose and Taco Del Sol.
Across many sought-after national retailers including Albertsons, Ashley Furniture, Barnes & Noble, Best Buy, Costco, Furniture Row, Lowe’s Home Improvement, Old Navy, PetSmart, Target, The Home Depot, Walmart and more. Plus, many other restaurants. Also, just 4 miles from the University of Montana.
Year Established: 2005 & 2009 & 2004.
Lease Information:
Billings - Leased space - $3,304/mth gross. Current lease expires Jul 2030. Landlord open to more term.
Great Falls - Leased space - $2,551/mth gross. Current lease expires Apr 2029. Landlord open to more term.
Missoula - Leased space - $2,821/mth gross (also includes water). Current lease expires May 2030. Landlord open to more term.
Square Feet: 2,212 & 1,463 & 1,233.
Seating: Inside & Outside.
Days/Hrs of Operation: Daily 12n-9p & Su-Th 12n-9p, Fr-Sa 12n-10p & Su-Th 12n-9p, Fr-Sa 12n-10p.
Owners Role: Oversees as general manager (20 hrs/wk) - with a full-time manager and assistant manager in place at each location.
# Of Employees: 1 Full-Time/11 Part-Time & 1 Full-Time/9 Part-Time & 1 Full-Time/8 Part-Time.
Training: 80 hours at an approved training store, plus 5 days online corporate training.
Combined Gross Sales (2024): $1,269,513.
Net Operating Income: $195,184 (With Mgrs At Each Store).
Value of FF&E: Included In Asking Price.
Value of Inventory: Not Included In Asking Price.
Seller Financing Available: No.
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 35 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 first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please complete the Request More Info Form below or email Tami Hillier at Tami@eatz-associates.com or call 503-319-4626 for more information. Showings by appointment only outside of business hours.
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