Existing Cold Stone Creamery Price Reduced $100K-Make an Offer
Location: Pennsylvania > Montgomery County > Ardmore
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $199,000
Gross Revenue: $340,214
Inventory: $2,000 (Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Seller Financing: No seller financing is available, but SBA financing is available
Business Summary
VERY MOTIVATED SELLER WILL ACCEPT ANY REASONABLE OFFER. This is a great opportunity to own the #1 Ice Cream Franchise as ranked by Entrepreneur 500. The store is being operated completely absentee and with good semi absentee owner, or owner/operator, the store can increase sales by as much as 30-40% as based on historic numbers. The price is less then it would cost to build a new store, so this is a great opportunity for bargain hunters. The seller is motivated and is looking for a quick sale. Second location is available in Wayne and also right to a third location in Doylestown for $49,000. Summer is coming, don't miss out on this one. Worth looking at.
About the Business
Year Established: 2004
Employees: 16 part time
Franchise: Yes
Facilities: Location is in a busy strip center in the heart of Ardmore. 10 year lease with 5 year option.
Market Outlook and Competition: Cold Stone has a great market presence and has a tremendous reputation. It is the fastest growing premium ice cream concept in the country and is ranked #1 in it's category by Entrepreneur 500. Growth and Expansion: Tremendous growth can be achieved by good owner, who is willing to work semi-absentee, as evident by historic numbers. The seller operates the business completely absentee and does not live in the area.
About the Sale
Management Training and Support: Training is provided by the Franchisor. Seller will train for 2 weeks after closing. Seller has credit with Franchisor for 1 free training.
Reason For Selling: Seller is not local and runs the business absantee

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Listing Tools
BizQuest ID:891306
Seller ID:coldardmore
Business Listed By
Name:David Dolitsky
Company:Franchise Advisory Group
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