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Cold Stone Creamery offers design-your-own ice cream creations hand-mixed on a granite slab, plus shakes & more. The Pearland, TX location was founded in 2004. It's been under current ownership since then and has seen steady annual growth in that time. It's been well managed & has an established history and reputation of leadership and staff. While the 2020 pandemic did cause a brief shutdown, this business grew through it and continues to grow. Revenues from the last 12 months are up by almost 25% over 2020 and up ~36% over 2019!! The addition of 3rd party delivery was a hugely successful pandemic pivot. Location at 10645 Broadway St, Pearland, TX is ideal, right across the street from a movie theater in a center that has high traffic shopping with stores like Bed Bad & Beyond, Old Navy, Best Buy, JC Penney & Party City. There are busy restaurants around like Chipotle, Five Guys, Olive Garden, Texas Roadhouse & Lupe Tortilla. The store has more than ample parking and outside seating. This location is growing like crazy and needs a new owner to continue the success! Can be a full-time operator or a more passive business manager. Seller has prepared the business for sale and would provide some financing to the right buyer. Cold Stone Creamery is a midsize brand with over 900 locations and over 25 years of franchising success. It's a super fun brand where the staff sing and joke with you while they create your customized treats! They call it “The Ultimate Ice Cream Experience.” Cold Stone is just one of the Kahala family's 29 quick-service and fast-casual concepts, which include Blimpie, Surf City Squeeze, TacoTime, and Pinkberry. This is an amazing opportunity to step into a longstanding, well-functioning, STILL growing business with great financials! This rare gem won't last long. Inquire now! Location: Houston, Texas Year Established: 2004 Number of Employees: 16 Franchise: Yes Real Estate: Leased Rent: $5,700.00 Per Month Facilities: All equipment needed to operate the store will be included (Freezers, Refrigerators, Store Fixtures, Computer, etc.) valued approximately $25,000. Additionally, food inventory (Prepared Ice Cream, Ice Cream Mix, Flavoring, Mixins - Candy, nuts, etc), all paper and plastic packaging products valued approximately $5,000 Website: www.coldstonecreamery.com/stores/21131?fbclid=IwAR2vooBTnS10UM2xKw0tu8E1 Market Outlook/ Competition: This area has a strong economy. It's a growing suburb with an excellent school district, close to downtown Houston and the Medical Center. It has great weather, especially for ice cream! Growth & Expansion: The catering can be expanded. New partnerships with local schools and other businesses can be forged. Overall, more marketing and advertising targeted at different business segments would help to grow the business.
Listed: Apr 7, 2022
Updated: 7 hours ago
Views: 11
Favorites: 0