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Cold Stone Creamery® Franchise Problems

Anyone with experience owning their own franchise store will tell you, it’s not always smooth sailing. In fact, sometimes it seems like there are days when nothing can go right.

As strange as it may seem, however, these are some of the most important days you’ll face as a franchisee. That’s because how things go when things aren’t going well may be the best determination of a franchise’s overall worth.

That’s when you learn things like:

  • The true downside to owning and operating your own business
  • The amount of support you can count on from the corporate office
  • How much you really enjoy being your own boss

With that in mind, let’s take a look at what a “bad” day looks like for one of the most popular franchise opportunities on the market: Cold Stone Creamery.

First, however, let’s examine a few of the problems you likely most likely won’t have to deal with as a Cold Stone® franchise owner:

  • No problem attracting clients, as the brand is strong with tremendous customer loyalty
  • No headaches advertising your location, as the company has co-op marketing support from professionals
  • No hassle with pre-opening problems, as the corporate staff trains you on every aspect of the process, from finding a location to hiring a crew

One of the biggest Cold Stone Creamery® franchise problems you could face is that you find yourself getting behind when there’s a long line of customers. This can happen fairly easily, given the wide array of options available to every customer, and sometimes it will just seem like you can never get ahead of the rush.

All in all, though, that’s a good problem to have. Also, since the company will help guide you through the hiring process, you should have a good crew backing you up and helping you through the crunch.

It also helps that it’s hard to be angry when you’re waiting for ice cream.

Another potential problem – and one that can affect any business – is equipment failure. What do you do if your freezer breaks, ruining all the ice cream?

Luckily, if this were to happen at a Cold Stone®, as opposed to other franchises, it would be significantly less devastating for two reasons. First, ice cream represents a small investment with a significant profit margin. If, worst-case scenario, you lose all your ice cream, you really won’t be out that much, dollar-wise.

Second, whenever things go wrong in ways you don’t know how to handle, the corporate office provides franchisees with a toll-free help hotline. This means that, when things are falling down all around you, a helpful, experienced friend is just a phone call away.

Like any other business opportunity, there are some Cold Stone Creamery franchise problems. However, many of them are few and far between, and they’re not as likely to be huge blowups like you may experience with other franchises.

This is just one of the reasons why Cold Stone is becoming one of the most popular investment opportunities in franchising today. It’s a lower cost, low-drama investment that has potential for a serious ROI…and that’s a good problem to have.

Cold Stone Creamery® For Sale

As franchising has grown more attractive to investors in recent years, analysts are always on the look out for the “next big thing.” Now, many are saying that Cold Stone Creamery may just be what they’ve been looking for.

The premium ice cream brand has been popping up all over the United States, and is increasing its reach abroad as well. Given the growth and healthy profits the franchise is experiencing, finding a Cold Stone® for sale is a bit like finding a winning lottery ticket.

A big part of why Cold Stone has been so successful is because they go the extra mile to make sure their franchisees have the resources they need. They leave no stone unturned when it comes to prepping the new franchisees in every step of the business, and the results are apparent on the bottom line.

They don’t leave things like finding a prime location or negotiating leases to chance. Instead, they offer their franchisees training on how to make these decisions correctly, so they start off on the right foot

This is important, because the initial, pre-open set up of a franchise can make all the difference between success down the road, or becoming just another shuttered business. Cold Stone clearly recognizes this, which is why they pour so many resources into franchisee training.

Beyond the initial set up, they also make a point of helping their franchisees out during day-to-day operations. Whether it’s via their corporate help hotline or the monthly brand newsletter, franchisees are always kept up to date on how to maximize their business. This is equivalent to having an extremely experienced partner that’s as dedicated to your success as you are.

Of course, not everyone wants to go through all the fuss of opening their own store. This is why the company also offers ready-made, already functional Cold Stone® locations, so that an investor can just swoop in and take over operations.

This allows you to invest in an established  commodity, rather than speculate on future success. Each of these Cold Stone® locations are under corporate control until such time as a suitable franchisee is found, so you can have confidence they’ll be well-managed and geared for growth.

Many investors choose to go this route, if only to avoid the headaches that can be caused  from of launching a new location. For your investment, you get an established location, equipment, a dependable staff…you’re basically purchasing a well-oiled machine.

Finding an established Cold Stone for sale like this is one of the easiest ways to get ahead as a franchisee. While other investors are trying to model success, you’re buying the reins to a strong organization already. You really can’t-miss with this type of investment, which is why they’re high in demand.

Regardless of whether you want to start your own franchise from scratch or take over an existing location, Cold Stone Creamery® offers a wealth of exciting opportunities for franchisees. The world-class support and universal brand recognition make this one of the safest investments at the moment, and the outlook remains rosy for the coming years.

How much Is Cold Stone Creamery® Ice Cream?

When potential investors begin scoping out Cold Stone Creamery® to determine the viability of owning a franchise, they’re often struck by the incredible rate of return a franchise can offer. Given that the brand only sells super premium ice cream, it’s only natural to wonder, “Just how much is Cold Stone® ice cream, anyway?”

The answer may surprise you. Given how much a franchisee can potentially earn with just one location and very low overhead, you may think the price exorbitant. But with most offerings coming in at less than $5, Cold Stone offers great bang for the buck for the investor and consumer alike.

So how does Cold Stone manage to stay so successful despite offering essentially a single, low-priced item? The secret lies in their ability to help franchisees offer an in-demand item to customers at a very low cost to themselves.

First, you need to understand that the profit margin is comparably high compared to other franchise opportunities, due to the low overhead franchisees encounter. The fact is, running a Cold Stone franchise isn’t that expensive compared to other franchises, and the savings are passed on to the consumer.

Think about what your average fast food burger joint needs. You have to have ingredients on hand to make the dozens of items on the menu, you need a lot of different (and expensive) machinery, and you have to have a small army of employees working at all times – and that’s not even factoring in the cost of the space to house all of this.

With a Cold Stone franchise, you’re paying for a lot less. You only have to make a few items, which immediately slashes your equipment costs. You only need 10-15 employees total (as opposed to per shift like at a burger restaurant). Your lease is also significantly lower, since you won’t need the same amount of space.

Now that we’ve established why the profit margin can be so high, we can direct our attention to the other side of the equation: sales volume.

When Cold Stone first came on the scene, many skeptics felt premium ice cream would be a short-lived fad. However, the market has proven to be evergreen, as demand doesn’t dip appreciably during the winter, as many predicted.

Instead, what you’re likely to see is consistent traffic at each Cold Stone® location. Customers are willing – or even eager – to pay a slightly higher price if the value and quality is there.

With the wide variety of mix-ins and custom Creations® each customer can enjoy, the Cold Stone experience is definitely worth paying for. Not only that, but it makes conventional ice cream pale in comparison, meaning your customers keep coming back again and again.

When you break down the numbers on the Cold Stone craze, it becomes easy to see why so many investors are trying to cash in with their own franchise. It’s rare to find a low-cost, premium product that customers will demand over other options, but Cold Stone offers just that.

So, the next time you hear someone say, “How much is Cold Stone® ice cream?” you can simply reply, “Just enough.”

Cold Stone University

If there’s one thing that many modern colleges can be criticized for, it’s overloading students on theory and not giving them the real-world knowledge they need to succeed in business. However, there’s at least one school that no one could possibly criticize for this.

Welcome to Cold Stone University. While the football team may not be able to hang with the big boys, and the enrollment is limited, the business education you’ll receive here is world-class.

Class is taught at the Cold Stone headquarters in Scottsdale, AZ, and it’s open to anyone who has qualified to own their own franchise. The goal of the schooling is to prepare each and every franchisee for the realities of owning their own business.

The first course every student must take is planning and development. After all, you can’t build a successful business if you don’t lay the proper groundwork first.

At Cold Stone University, your professors (successful business and franchise owners themselves) will teach you everything you need to know about how to plan the opening of your location. You’ll be shown how to scout and secure a location, prepare your store for opening, and navigate the lease process.

If you pass this class (and your professors will make sure that you do), you graduate on to Cold Stone 101. This is where they teach you the ins and outs of running your franchise on a daily basis.

Never hired an employee before? Don’t know how to manage a crew, order supplies, or find equipment? Don’t worry – it’s all covered at Cold Stone University.

These are the essential tasks that often trip up even the most experienced franchisee. At Cold Stone University, you get hands-on training to prepare you for virtually every possibility you might encounter. It’s like giving you cheat notes before you have to take the test.

It’s not just about helping you pass your tests, however. At Cold Stone University, they actually take some of the tests for you!

If you struggle with the idea of marketing your business successfully, don’t worry. Not only do they provide useful information about how to do this as easily and efficiently as possible, but they also have advertising co-ops you can join, so that all the dirty work is done for you.

This is huge, as it can help make the difference between a struggling business and a thriving one. After all, marketing is its own full-time job, and many franchisees simply don’t have the time or expertise to do it effectively.

The best part of Cold Stone University, however, is the fact that its doors are always open to you. The corporate office offers its franchisees continuing support in the form of a help hotline, so that your professors are never more than a phone call away.

If you’re thinking of entering the dog-eat-dog world of business, you might want to consider going back to school first.

Cold Stone Creamery ® Headquarters

As you’ve probably noticed, Cold Stone Creamery franchises are springing up all over the place. There’s good reason for this: the company’s reputation for quality, mixed with (Take out strong) profit margin, make it a top runner for a pretty excellent investment opportunity for just about anyone.

It’s hard to believe, then, that this company has only been around since the late ‘80s. What is it that sets Cold Stone apart from the competition (besides the delicious premium ice cream, of course)?

For the answer, you have to go directly to the top: Cold Stone Creamery headquarters.

Situated in Scottsdale, AZ, the corporate office is home to some of the top franchising talent in the industry. There’s a reason why Cold Stone is able to move so quickly into so many new markets, both at home and abroad, and it’s due to the accumulated business acumen in Scottsdale.

Cold Stone headquarters isn’t just some vast collection of executives set apart from the day-to-day operations of the business. It’s also the source of some of the most in-depth, helpful training an independent business owner is likely to find anywhere.

The corporate office is the home of what they affectionately call “Cold Stone University.” It’s here that franchisees (both novices and old hands alike) are trained on the ins and outs of running a successful Cold Stone location.

Everything is covered here, from how to lay the groundwork for your store to how to manage it when it’s up and running. If you want to get into franchising, but don’t have the first clue about how to do it, then Cold Stone University is the perfect place for you.

It’s virtually unheard of to get this kind of support from your corporate office in the franchising world. All too often, they just take your money, hand you the keys, and leave you to sink or swim on your own.

So why is Cold Stone different? Why are they so committed to helping their franchisees succeed when it would be so much simpler for them to leave them to their own devices?

Cold Stone started as a family operation, with the first store being opened in 1988 in Tempe by Susan and Donald Sutherland. That family feel continues to this day, even as Cold Stone headquarters has changed thanks to the company’s merger with Kahala Brands.

It’s understood that every aspect of the franchise has to maintain that family feel, as it is one of the things that sets Cold Stone apart from the competition. Besides the incredible taste of their unique ice cream, people come to Cold Stone to feel good, and nothing makes you feel better than family.

If you’re thinking about starting your own fast food franchise, you need to ask yourself what kind of support you’ll receive from the corporate office. If they’re going to leave you to your own devices, then you need a higher level of confidence in your ability to succeed than you would otherwise.

Cold Stone headquarters is one of the strongest selling points the company offers. After all, if you’re going into business, it might as well be with people that treat you like family.

 

Cold Stone Creamery® Closing

For many people looking to get into owning their own franchise, one question jumps out above all the rest: “How likely is it to be successful?”

This is a completely understandable question. To answer it, you need to look at one thing only: the experience that other business owners similar to you have had. There’s no better way to gauge this than by looking at store closings.

For Cold Stone, this is one area where they stand apart from the rest. You can go a long time before you see a Cold Stone Creamery closing, and for good reason: their high profit margins and loyal customer base make them a safe bet for even the greenest franchisee.

Cold Stone is one of the foremost brands in franchising, as customers need just one bite of their premium ice cream to be hooked. Factor in the vast topping bar, which gives you virtually unlimited flavor options, and you’ve got recipe for a successful business.

Many business people have taken notice. The chain, which has only been around since 1988, has exploded in popularity, with over 1000 stores in the US and 400 or so more worldwide. The franchises are hot tickets, and their packed stores act as the best sales pitch you could think up.

Other factors that make Cold Stone such an attractive venture are its relatively low startup costs, world-class corporate support, and low-stress environment. This is why each new franchise has such a good chance of succeeding. If the framework for prosperity is there, the profits will follow.

This is something that many companies don’t seem to understand. It’s not enough to give your franchisees a logo and some inventory and leave them to their own devices. While some might flourish in such a situation, many more will fail. This causes less and less people to want to join your operation.

With Cold Stone, they are as committed to your success as you are. This is why they train each new franchisee from the ground up, so that they can get started on (and stay on) the right foot. Each decision, from finding a suitable location to co-op advertising, is made with the good of the company AND the owner/operator in mind.

This is because they recognize that individual success equals corporate success. They will only be as profitable and relevant as their individual owners. As a result, they put everything they have in their stores, and you aren’t likely to see very many Cold Stone Creamery closings.

This is also why so many franchisees own multiple locations. Once you’ve gotten started with the brand, and seen both their corporate support and customer loyalty, you recognize the potential in opening new stores. Of course, you get the same training each time, so you never lose your safety net, regardless of how experienced you become.

If you’re looking to get into a business that has true staying power and room for growth, then a Cold Stone Creamery franchise may be for you. There’s no better or easier way to tap into a large, proven market. Contact them today to see how you can join the Cold Stone team.

Cold Stone Creamery® Corporate

Whenever you’re looking to own and operate a franchise, it’s always a good idea to learn as much as you can about the company you’ll be working with. At Cold Stone Creamery corporate, they’re always looking for new and better ways to help you succeed.

The first thing they offer you is a chance to get a leg up on your competition by way of extensive training. You get to learn how to best situate yourself for success from people who have done it before. What better way is there to start your climb up the ladder?

The training starts at the Cold Stone Creamery corporate offices in Scottsdale, Arizona. Here, a combination of classroom instruction and in-store training prepare you for the ins and outs of operating your franchise. This isn’t “pie in the sky” stuff you’ll never need – this is the nitty gritty training that prepares you for situations you’ll encounter every day as a franchisee.

Then, the training comes to you! You get 3 days of training at your new location. This is where everything becomes personalized, and they prepare you to run your own store. Any challenges or advantages that are unique to your specific situation will be covered here, so that you don’t have to worry about any nasty surprises down the road.

If this were all that you got for your franchise fees, you’d still be well ahead of the game. They’re just getting started, however – their support is truly world-class and comprehensive.

Even if you find yourself deep into your journey as a franchisee, if you come across a problem you can’t solve, you can simply call their hotline and have a workable solution in minutes. They send brand updates frequently to keep you abreast of the goings-on in the company, including ideas on how to be a more successful owner/operator.

It all adds up to a recipe for success.

You also are automatically enrolled in a marketing co-op, so that you don’t have to worry about handling your own advertising. By getting professional advertising as part of your franchise fees, you minimize one of your biggest expenses right off the bat.

Cold Stone Creamery corporate is there for you every step of the way, from site selection to employee relations. There’s a reason why so many prospective franchisees are looking at Cold Stone first, and this is it.

Yes, you also get the widespread brand recognition and the army of repeat customers. None of this would be possible, however, without the strong support you get in the very beginning. By getting off on the right foot (and staying there), your chances of success skyrocket.

There are many things to consider when planning your own franchise. So many, in fact, that it can be overwhelming for most people. This is why it’s so important to cast your lot with a company that has a strong track record of support, so that you know you won’t be left alone when you need help the most.

Cold Stone is one such place. If you want to learn more about how to join one of the fastest growing teams in franchising, check out their website today.