Are you looking Cold Stone franchise? But are still confused about whether this Franchise is a good investment or not?
Do not worry, as, in this article, we will provide all the information related to Cold Stone Franchise. So let’s begin.
About Cold Stone
Cold Stone is known for its delicious creamy ice creams, which are categorized as “super-premium” by industry standards. It has 12% to 14% butterfat, which gives it a uniquely creamy texture.
It has a unique long slab of granite that serves as the countertop at clod stone and is chilled to about 16 degrees F.
In addition, the store offers signature creations. Customers can create ice creams of their own choice with the toppings of their choice.
They have a variety of colors, fresh fruits, candy-bar, pieces of sponge cake, and gooey brownies to choose from.
History Of Cold Stone
Donald and Sutherland founded the company in 1998. At that time, they served ice creams that were neither hard-packed nor soft-serve. Cold Stone opened its first store that year in Tempe, Arizona.
Today, the cold stone creamery #1 store operates near the same intersection as the original Tempe location.
The company come up with the concept of “Cold Creamy Super-premium ice cream” and still maintains the same position.
Cold stone was the sixth best seller ice cream in 2006. And The Cold stone was named the 11th fastest-growing Franchise. In 2009, the Cold Stone opened its first location in Canada.
Currently, Cold Stone has grown to more than 900 stores in the USA and multiple countries.
Cold Stone Franchise Model
| Initial Investment | $266,625-$468,775 |
| Franchise-Fee | $8000-$27,000 |
| Royalty-Fee | 6% |
| Advertisement-Fee | 3% |
| Area Requirements | N/A |
| Total Outlets | 1300 |
Training
Training provides by the company. The training consists of 40days programming held at the Kahala Training Education and center, located at the Franchisor’s corporate office in Scottsdale, Arizona.
Agreement & Renewal
The initial franchise term of Cold stone creamy is the earlier of the following:
- Ten years from the dated restaurant is open to the public. If Franchisor is available owns property if the Franchisor has owned property or enters into a lease directly with the landlord.
- If they enter into a sublease with a Kahala Franchise affiliate, the sublease duration excludes any extension and renewal option.
The term of agreement renewal for another five years if franchisers are not in default and accept the certified condition.
Cold Stone Comparison
| Company | Cold Stone | Menchie’s |
|---|---|---|
| Founded In | 1998 | 2007 |
| Initial Investment | $266,625-$468,775 | $300,000 to $350,000 |
| Franchise-Fee | $8000-$27,000 | $40,000 |
| Total Outlet | 1300 | 540 |
| Annual Revenue | $745.3 Million | $194 Million |
FAQ
What is the royalty fee of the Cold stone Franchise?
The ongoing royalty fee of the Cold stone franchise is 6% of gross sales.
Is Cold Stone ice cream healthy?
Yes, Cold Stone ice cream is healthy in comparison to others.
What are the best Cold Stone Ice-Cream combinations?
The best Cold Stone Ice-Cream combination is Peanut Butter Ice-cream.
Do you get free Cold Stone on your birthday?
Yes, Cold Stone offers free ice cream on your birthday.
Is Cold Stone a Franchise?
Cold Stone is categorized as “super-premium” by industry standards that offer franchise opportunities across the U.S.
How much does a Cold Stone franchise cost?
To become an owner of a Cold Stone franchise, investors should expect to spend around $266,625-$468,775 and an additional franchise fee of $8000-$27,000.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.