Coldstone Ice Cream & Smoothie Operation Franchise Optional For Sale

Business description

Coldstone Ice Cream & Smoothie Operation- Cooperative Landlord- Rent Reduced

RRC# 1364
Offered At: 59,000 (New Price Reduction)
Location: Los Gatos, Santa Clara County, California
Revenue: 21,171 / Month
Lease Rent:5,000 All Inclusive

Listing Description:
Excellent opportunity to acquire this business either as a Coldstone Creamery franchise or adapt the premises to a similar ice cream and smoothie operation without the Coldstone name. The location is in a corner building on a busy main street with both heavy foot and drive by traffic. The wonderful private outdoor seating area is on a raised walkway overlooking the pedestrians traffic below. There are two entrances into the cozy premises with attractive porcelain tile floors and an upbeat ambiance. Behind the beautiful L shaped counter are 2- 6’ x 18” cold stones, 2-8’ dipping display cabinets, a modern Italian made ice cream display freezer, 2-door under counter fridge, 1-door under counter freezer, Belgian Waffle baker, smoothie blender, air pot coffee brewer, soup warmer, hot fudge warmer, 2-cash registers, double glass door freezer, hand sink and 2-floor sinks. The prep and storage room has walk-in cooler and walk-in freezer, 2-door blast freezer, Coldstone ice cream maker with floor sink, 3-compartment sink with rinse and floor sink, 2-hand sinks, small convection oven, stainless work table, wire storage shelves, employee lockers and mop sink. The current owner runs the business absentee. Smoothies are currently part of the concept mix and frozen yogurt would be a natural addition. There is definite upside for a prospective buyer on several other levels. The current operation, whether as a Coldstone franchise or not, can increase sales revenue by expanding the menu to include espresso and spiced chai drinks, iced and hot, specialty teas, iced Italian sodas, hot panini sandwiches, dessert and savory crepes as well as ice cream cakes and pastries. There is also the opportunity for a Coldstone franchisee to take advantage of the co-branding between Coldstone and Rocky Mountain Chocolate Factory to offer both those product lines and concepts. Additional menu concepts ideas may also serve to enhance the current business. The landlord has reduced the monthly base rent from $4,536 to $3,485 and this reduction will be seriously considered for any prospective, qualified buyer. With the current CAM charge of $1,515 the all inclusive rent payment is $5,000 per month. No pizza, burgers or Chinese menu concepts. Required COLDSTONE TRANSFER FEE of $12,600 will give buyer a full 10 year franchise term

General Information:
Organization: Corporation
Seating: 24 Inside, 10 Outside
Square Foot/Size: 1,275
Parking: Street
License(S) Required: Business
Days Open/Hours: M-Th 12p-9:30p,fri-Sat 12p-10:30p,sun 12p-9:30p.