Tag Archives: Cold Stone Creamery corporate office

Cold Stone Creamery Franchise Information

Premium ice cream has been a booming industry for quite a few years now, and that fact is not going unnoticed by investors. Many would-be franchisees, both novices and experts alike, are lining up to get into the premium ice cream game.

If you’re one of these people, or even if you’re just now considering the franchise, this guide was designed to give you all the Cold Stone Creamery franchise information you need.

About the Company

Despite only being around for a short time, Cold Stone Creamery has already established itself as a leader in premium ice cream. The chain is known for its wide array of mix-ins, which allow for thousands of flavor combinations.

The franchise started in Tempe, AZ, in 1988. Opened by Donald and Susan Sutherland, it soon spread across Arizona, and later, the rest of the United States and across the world. The chain merged with Kahala Corp. in 2007.

Currently, there are approximately 1,400 Cold Stone franchises in operation domestically and abroad.

Costs of Cold Stone Franchising

In order to become a franchisee, you must submit an application and be approved by the company. They require $250k net worth with at least $100k in liquid (non-debt) assets.

The franchise fee is $27k, and the company estimates that startup costs can range from $277k-464k. Once operational, the company takes 6% of gross profits, plus an additional 3% that goes towards marketing initiatives.

Many other fast food franchises have startup costs that are at least double that of opening a Cold Stone, making it one of the more inexpensive franchising options.

Corporate Support

Cold Stone prides itself on providing franchisees with top-level support, both before and after opening.

Before you open your store, you are invited to “Cold Stone University” at the corporate office in Scottsdale, AZ. Here, you will be shown the ins and outs of running your location. The company requires 40 hours of classroom training and 80 hours of in-store training before you open your doors to customers. You will learn about the brand, corporate support, marketing, operations, and you’ll be shown how to operate a successful franchise during this week.

You are also eligible to have a Cold Stone expert come to your location for personalized training. There, they will cover any and all issues specific to your restaurant. If you require further assistance, the company offers a support hotline for franchisees.

Time Commitment

Cold Stone’s hours of operation varyby location, but can be from 11:00 am to 11:0 pm. This favorable schedule allows franchisees to attain a rewarding work/life balance, and is one of the primary selling points for many franchisees.

Because each store only has about a dozen employees and limited equipment, the demands on the franchisee are less than comparative franchises.

Summary

This Cold Stone Creamery franchise information was intended to help you make a decision about investing in the corporation. Now is an ideal time to join the Cold Stone team, as they are currently expanding their operations at home and overseas.

If you’re looking for a fairly low-risk, high-reward franchise that offers fantastic corporate support and won’t demand all of your free time, Cold Stone Creamery may just be what you’ve been searching for.

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Cold Stone For Sale

If you’ve been thinking about owning and operating your own fast food franchise, the first place you should start is looking for a Cold Stone Creamery for sale.

Many people overlook this booming franchise because they think they can’t make as much money selling ice cream as they could with hamburgers, sandwiches, or other food choices. However, this line of thinking runs contrary to the respectable profits enjoyed by many Cold Stone owners – which is why the company has grown so quickly at home and abroad.

The fact is, Cold Stone offers one of the lower-risk, higher-reward investment opportunities available in the franchise world. Thanks to the high profit margin, you don’t need to invest a ton of capital to see a substantial return on your investment.

An ice cream parlor is a very low-cost business. Ice cream is not expensive to make or preserve, and the fact that Cold Stone doesn’t have thousands of menu items means you won’t have to spend a fortune on a lot of equipment and raw materials.

In addition, because you won’t have to store all of this extra stuff, you won’t need to pay an arm and a leg leasing a gigantic store, either. All you really need is a space big enough for your counter and stone, your limited amount of equipment, and a few tables for your customers (most of whom will be taking their ice cream to go, anyway).

That’s it – no need for a giant storeroom or fancy decoration. Your customers come mainly for the super premium ice cream, and superior service, which can save you a fortune over the life of your business.

Another reason why Cold Stone represents such a solid investment opportunity is the level of training and support the company provides franchisees. Every owner is given a solid base education on how to run their business, so you don’t have to worry about being left to fend for yourself from day one.

It’s one thing to be offered the chance to own your own franchise. It’s quite another to be taught how to run it by experts who have been there themselves. This is the Cold Stone difference, and it will definitely show up on your balance sheet.

Of course, if you don’t want to go through the hassle of opening up your own brand-new location, the company also offers you the chance to buy one of the existing Cold Stone locations for sale.

These are stores that are already up and running (and turning a profit). They’re under corporate control, and the company is just waiting for the right investor to come along so that they can turn the keys over.

Where else are you going to get the chance to buy a bustling business without paying through the nose for it?

If you’re looking for a thriving franchise to invest in, do yourself a favor and find a Cold Stone for sale. The chain has strong customer loyalty and brand awareness, and you won’t find a better chance to make money without spending every waking minute slaving over the business.

Who knew ice cream could be such a sweet business?

Cold Stone Creamery Corporate Office

Many franchise owners have tunnel vision. They think the chain begins and ends with their specific location, and they never give a second thought to things that might be happening at other branches, even though these events can affect their business as well.

This is understandable – after all, you went into business to benefit yourself, not other owners. However, to be a successful franchisee, you need to at least have a strong understanding of what’s happening with your fellow franchise locations and corporate office. Doing so will put you in prime position to succeed, no matter what other owners are doing.

At the Cold Stone Creamery corporate office in Scottsdale, AZ, company execs are continually strategizing new ways to help franchisees succeed. Whether in the form of increased training or additional marketing support, they realize that their success is inextricably tied to that of their franchisees.

This may seem like common sense, but it’s actually a rare perspective in the world of franchising. Most corporate parents merely demand that their franchisees succeed, with little concern about actually helping do so.If a franchisee struggles or goes under, they have a long list of replacements ready to fill the location and resume business in no time

The Cold Stone Creamery corporate office, actually doubles as a training ground for new franchisees. It’s also known as “Cold Stone University,” because it’s where new owners go to learn everything they need to know about running their own business.

Need to know how to spot and secure a great location? The corporate office can help you with that. Not sure how to negotiate a fair price on equipment? It’s all covered at Cold Stone U. Want help hiring employees, running your business more efficiently, or figuring out new marketing angles? The corporate office is here to help.

It’s hard to overstate just how helpful this support is. For many franchisees, especially inexperienced ones, it can literally make the difference between success and failure.

After all, one of the most powerful assets a new businessperson can have is an experienced mentor. At the Cold Stone Creamery corporate office, you have a whole team of experienced businesspeople ready to guide you through every step of the process.

The support doesn’t end once your doors are open, either. Thanks to a toll-free support hotline they offer every franchisee, you can get help with whatever you need, whenever you need it. You also will have designated contacts in operations, marketing and so forth ready for your every need, questions or concern. You needn’t worry about bugging them – as far as they’re concerned, this is the most important job they have.

If you’re thinking about getting into the franchising game, be sure to pick a chain that will have your back when you need it most.

At Cold Stone Creamery, the road to success is paved through teamwork. The franchise communicate and corporate teams work hand in hand to get there, with support at every single level– and this will show in the level of support they provide every step of the way.