Cold Stone Creamery is a retail ice cream business with two locations for sale in Denver, Colorado within a thriving franchise system which has more than 1,000 locations across the country and a presence in nearly 30 markets internationally. For over a decade, These two franchise locations have been offering guests a unique and highly personalized ice cream experience Doing business for 30 years, the award-winning Franchisor has become a national institution, beloved for offering the Ultimate Ice Cream Experience. Their executive team has invested significantly in ongoing education, training and has an entire team devoted to helping franchisees market their business, meet financial goals and support them in every aspect of growing the business long-term. The Franchisor has an iconic business model that has helped hundreds of entrepreneurs realize their potential of small business ownership while bringing the joy of artisanal, super-premium ice cream to their communities. Passive, out of state ownership has caused the business to fall short of it's potential making it a great opportunity for the right buyer. The new buyer will be getting both locations at a very attractive price compared to the total investment required to start one of these franchises from scratch, which can reach almost $500,000.
The owners currently resides out of state, and handles very little outside of payroll and unexpected issues. They estimate an average of 1-2 hours a day maximum. A new hands-on owner can take this business to new heights with more time to spend on the business than the current owners are able to.
Ice cream and ingredients that are shipped in weekly.
Owners moved out of state and are not able to put in the time and effort required.
New ownership that has the ability to take a hands on approach will be able to grow this business to unseen heights. The biggest thing holding back performance currently is the out of state ownership that does not have the bandwidth to push these stores to maximum production. This is a huge opportunity for a new owner to acquire two locations when it would cost around $600,000 to open two new stores on your own.
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