Full Answer
How much does a Cold Stone franchise make a year?
(2021) Cold Stone Creamery Median Franchise Sales: $570,001 Based on the median sales provided by Cold Stone Creamery's franchise locations, at an average of a 15% profit margin it will take around 7.75 years to recoup the investment.
How much is a Cold Stone franchise worth?
The initial investment estimate for a Cold Stone Creamery franchise ranges from $53,200 to $580,650.
What is the Cold Stone royalty fee?
6%What is the royalty fee? The ongoing royalty fee is 6% of gross sales.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Which ice cream franchise is best?
Here are the top 10 best Ice Cream franchises in IndiaNatural Ice Cream. Founded in: 1984. ... Gelato Vinto. Founded in: 2005. ... Michaels Icecream Burger. Founded in: 2017. ... Gargi's Milkshakes. Founded in: 2011. ... Raw Creams. Founded in: 2015. ... Grandpa's ice cream - Fresh & Natural. Founded in: 2019. ... Stickhouse Pvt. Ltd. ... Iceberg Icecreams.More items...
What is the cost of a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
What is the franchise fee for Dunkin Donuts?
Here is a breakdown and ranges of the financial requirements to open a Dunkin' franchise: Total investment range: $97,500 to $1.7 million. Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum.
How much does it cost for a Baskin Robbins franchise?
Baskin-Robbins Franchise / Initial Investment / Baskin-Robbins Franchise Income. The estimated initial investment required to open a Baskin-Robbins ice cream franchise is $94,350 to $402,200, including an initial franchise fee of $25,000.
Can you get rich owning a franchise?
The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.
Do franchise owners make money?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.
What does a Taco Bell franchise cost?
Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant.
How much does a ice cream franchise cost?
Total investment: Rs. 12,00,000 -20,00,000.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
How much does it cost for a Baskin Robbins franchise?
Baskin-Robbins Franchise / Initial Investment / Baskin-Robbins Franchise Income. The estimated initial investment required to open a Baskin-Robbins ice cream franchise is $94,350 to $402,200, including an initial franchise fee of $25,000.
Who owns Cold Stone Creamery?
Kahala BrandsMTY Food GroupCold Stone Creamery/Parent organizations
Who is Cold Stone Creamery franchise?
Franchise Description: T he franchisor of Cold Stone Creamery is Kahala Franchising, L.L.C. Cold Stone Creamery restaurants specialize in super-premium fresh made ice cream, frozen yogurt, cakes, pies, smoothies, shakes, specialty beverages, soft drinks and other frozen dessert products (prepared using proprietary recipes) and an assortment of complementary toppings and mix-ins on a take-out or eat-in basis, soup and branded, licensed products. Franchisees also have the option of having a yogurt bar and selling Cold Stone Yogurt Bar products in their restaurant. If qualified, the franchisee may (i) construct a new Cold Stone Creamery restaurant; (ii) purchase one of the franchisor’s Cold Stone Creamery franchises by acquiring an existing business from another franchisee or from the franchisor; or (iii) convert all of the franchisee’s existing retail operations from another brand to the Cold Stone Creamery brand.
How long does a Cold Stone franchise last?
Term of Agreement and Renewal: For a new or existing non-operating Cold Stone Creamery restaurant, the length of the initial franchise term is the earlier of the following: (i) 10 years from the date the restaurant opens to the public if franchisees own the property, or enter into a lease directly with the landlord or other third party, or (ii) the term of the sublease if they enter into a sublease with a Kahala Franchising affiliate, excluding any extensions and renewal options. If franchisees are not in default and satisfy certain conditions, they may renew for a single renewal term of five years, with no further right to renew at the end of the renewal term.
How long is franchise training?
Training Overview: A training program is available to franchisees and their designated representative. The program consists of 40 hours of classroom training and 80 hours of on-the-job training. The classroom portion of the training program will be held at the Kahala Training & Education Center, which is located at the franchisor’s corporate offices in Scottsdale, Arizona, and the in-store portion of the training program will be held at one of the franchisor’s affiliated restaurants in the metropolitan Phoenix, Arizona area, or at such other location (s) as the franchisor may designate in its sole discretion. The franchisor will provide one of its representatives to come to the restaurant during opening week for up to five days at its expense to work with the franchisee and manager on their grand opening, and on operating and marketing the restaurant. The franchisor may, in the future, hold refresher or additional training programs, conferences and seminars. The franchisee’s attendance at these programs is mandatory.
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Is Cold Stone Creamery a territory?
Franchisees will not receive an exclusive territory. The franchisor (and/or affiliates) may establish other franchised or company-owned Cold Stone Creamery restaurants that may compete with ...
Background
If there is one thing that Americans love, it is ice cream! It is America's favorite dessert. According to Yahoo! Finance, Americans spend $8 billion on ice cream annually, and the average American enjoys 48 pints of ice cream. If you want to cash in on this booming industry, the Cold Stone Creamery could be for you.
Support and Training Offered By Cold Stone Creamery
In terms of support and training, franchise owners can expect attending the Kahala Training and Education Center (KTEC). They will also spend 80 hours in a store to learn everything you need to know to run the business successfully. They also provide ongoing training after the store opens and marketing materials to get customers to your stores.
Franchises Similar to Cold Stone Creamery
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is 3% advertising fee?
3%. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
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Does Cold Stone make ice cream?
Each Cold Stone store makes its ice cream fresh daily, and the ice cream is blended by hand with fruits, nuts, candy, cookies and more according to customers' requests.
What is franchise for sale?
Franchise for sale provide information regarding the franchise which will help you to choose profitable franchise option.
Is Cold Stone a Kahala brand?
Part of the Kahala family of brands, Cold Stone is enjoyed in over huge locations in the U.S.
What is Cold Stone Creamery training?
Our training program provides an overview of the business and franchise industry, details on store operations, our insights into providing exceptional customer service, details about products, instruction in how to use the Cold Stone Creamery point of sale system and our internal communications portal, financial management instruction, and more . You’ll also learn about store- opening procedures, food-product handling, sanitation procedures, back-office administration, equipment operation, storage and store management.
How long does it take to train at Cold Stone Creamery?
Training takes place four to 10 weeks before your store opens and five days of classroom training at our Scottsdale, AZ headquarters, as well as five days of in-store training at an operating Cold Stone Creamery.
What is cold stone?
Cold Stone Creamery is a super premium, artisanal ice cream, yogurt, sorbet, and cake franchise where ice cream is made fresh in-store and presented on the famous frozen granite stone by cheerful, singing crew members. Part of the Kahala family of brands, Cold Stone is enjoyed in over 1,000 locations in the U.S. and nearly 30 countries. This franchise is ideal for those seeking a joyful, positive business and brand with international recognition.
What is Capriotti's sandwich shop?
Capriotti's Sandwich Shop is known for its unique culture, family-friendly atmosphere, high-quality ingredients, and a commitment to delivering outstanding customer service. If you’re looking to own a restaurant franchise with a sound business model, a low investment, high ROI, and food you’re always proud to serve, Capriotti's is the perfect opportunity for you.
Is HealthyYOU a franchise?
The proven HealthyYOU model requires no employees and allows you to monitor your machines from home or from mobile devices. There are no franchise fees, royalties, marketing fees or post-investment required purchases.
What Is A Cold Stone Creamery Franchise?
- The Cold Stone Creamery® ice cream franchise has captivated the sweet tooth of customers around the world, and it continues to be a bright brand in the $8 billion ice cream industry, according to IBIS World. Doing business for 30 years, Cold Stone® has become a national institution, beloved for offering the Ultimate Ice Cream Experience®. Our brand...
A Scalable Business Model
- Fad concepts offering the hot new desserts come and go, but ice cream will always be a part of American life. Not only is Cold Stone Creamery one of the nation’s premier ice cream franchises and a beloved institution around the world, but we are also proud to say that our business model has helped hundreds of entrepreneurs realize their dreams of small business ownership and tak…
What Training & Support Do We provide?
- Franchising with Cold Stone Creamery® means you’ll never be alone in your business. As one of the world’s premier ice cream franchises, the Cold Stone Creamery support network has launched hundreds of entrepreneurs without any experience in either the service industry or the restaurant industry into growing businesses in communities across the country and around the world. This …
Testimonials
- “I love everything about Cold Stone Creamery and everything that Cold Stone Creamery stands for in terms of the quality of our product, our exceptional customer service and the place that we hold in our community. After almost 15 years as an owner, I still love to come to work every day. The fact that Cold Stone Creamery brings joy to people every single time they come in never gets ol…
Our Ideal Candidate
- Cold Stone Creamery requires no previous experience in either the restaurant industry or the service industry, only the desire to follow our business model and the ability to be a passionate advocate for Cold Stone Creamery in your community. Community and customer service oriented with a desire to spread smiles via ice cream.
Next Steps
- Ready to bring a Cold Stone Creamery franchise to your community?We are looking forward to hearing from you and are excited that you’re interested in bringing Cold Stone Creamery to your community as we rapidly expand across the nation and around the world!