Full Answer
How much does it cost to open Cold Stone Creamery franchise?
The total investment estimate for a Cold Stone Creamery franchise ranges from $53,200 to $476,975. Here’s our FDD Item 7*, which details the specific startup costs of our franchise offering:
Who is the owner of Cold Stone Creamery?
Recent Franchise Articles Meet Longtime Cold Stone Creamery Multi-Franchise Owner Karen Harmon. Being ready to jump in, keeping an eye out for good locations and engaging with corporate teams have helped this owner grow ... Cold Stone Franchise Owners Benefit From Kahala Brands’ Expertise.
What is the history of Cold Stone?
Cold Stone Creamery Ice cream, sorbet. Donald and Susan Sutherland opened the first Cold Stone Creamery in 1988 in Tempe, Arizona. Franchising began in 1994, and the company is now owned by Kahala, which also franchises Blimpie, Surf City Squeeze, TacoTime and other concepts. Each Cold Stone store makes its ice cream fresh daily,...
Can you sell cold stone Yogurt bar products in a franchise?
Franchisees also have the option of having a yogurt bar and selling Cold Stone Yogurt Bar products in their restaurant.
How long is KTEC training?
What is franchise for sale?
What is on-going training?
Is Cold Stone a Kahala brand?
How much does a Cold Stone owner make?
Average Cold Stone Creamery Business Owner hourly pay in the United States is approximately $10.95, which is 26% below the national average.
How much does a Cold Stone franchise make in 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.
Is Cold Stone Creamery a good franchise to own?
Cold Stone Creamery® is an exciting franchise in the rapidly growing ice cream segment, which generates $8 billion annually in revenue, according to Yahoo® Finance. After 34 years in business, it is still rapidly growing, with locations in the United States and in international markets.
What is the Cold Stone royalty fee?
6%What is the royalty fee? The ongoing royalty fee is 6% of gross sales.
What is the highest paid franchise?
Key Takeaways. The highest-grossing movie franchise of all time is the Marvel Cinematic Universe. The top two highest-grossing franchises, the Marvel Cinematic Universe and Star Wars, are both owned by Disney. Four of the five highest-grossing franchises are based on either a series of comic books or a series of novels ...
What is the most profitable franchise?
Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...
What franchise can I open with 30k?
Business opportunities available for $30,000 and less:Tutoring Works. ... American Business Systems. ... The Lending Network. ... Healthier 4 U Vending. ... The Grounds Guys. ... Build My Brand. ... ClaimTek Systems. ... Global Financial Training Program.More items...
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.
Which ice cream franchise is best?
Amul Ice Cream Parlor Franchise. Founded in : 1948. ... Naturals Ice Cream Franchises. Founded in : 1984. ... Cream Stone Franchise. Founded in : 2009. ... Kwality Wall Franchise. Founded in : 1956. ... Ibaco Franchise. Founded in : 2012. ... Gianis Franchise. Founded in : 1956. ... Vadilal Ice Cream Franchise. ... Gelato Vinto Ice Cream Franchise.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.
Is a royalty fee monthly?
Royalty fees are incurred on a regular basis and are paid in a set timeline (for example, monthly, quarterly or annually). Royalty Fees should not be confused with the Initial Franchise Fee, which is a one-time payment made by the franchisee when the business relationship with the franchisor commences.
How much is it to buy a Taco Bell franchise?
Costs overview Franchising fee: It costs between $25,000 and close to $50,000 for the initial franchise fee. This, too, will vary depending on the details of your specific Taco Bell franchise. Net worth: The current net-worth requirement is around $1.5 million worth of assets.
How much does a Jersey Mike's franchise make?
How Much Profit Does a Jersey Mike's Franchisee Make Per Year? A franchise owner can expect to make around $73,000 a year. These numbers look lower when compared to other chains that can bring you in 6 figures a year, but that's not the full story.
Who is Cold Stone owned by?
Kahala Brands™Based in Scottsdale, Arizona, Cold Stone Creamery is owned by parent company Kahala Brands™, one of the world's fastest-growing franchising companies with a portfolio of 28 quick-service restaurant concepts.
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.
How much does Cold Stone pay Las Vegas?
Average Cold Stone Creamery Cashier hourly pay in Nevada is approximately $8.25, which is 31% below the national average.
What is Cold Stone Creamery?
Cold Stone Creamery ® is one of the most talked about ice cream companies in the world today . And that's just the way we like it! Renowned for offering super-premium ice cream for more than 25 years, people everywhere recognize the quality associated with our brand and are more likely to be repeat customers because of it. How good is our ice cream? Well, let's just say that on a scale of 1 to 10, we're somewhere around an 11.5. But we're about more than just serving up amazing ice cream. We like to think we're really in the business of making people happy... It's all about what we call the 10-Minute Vacation ® ... that 10-minute getaway you deserve from the world outside our doors. Just head inside any Cold Stone Creamery, and that's what you'll get. From our enthusiastic, singing crew members, to the shared laughter of a family enjoying a treat together if it's making you, your friends, or your loved ones happy, then we're doing our jobs right!
Why does Cold Stone Creamery have staying power?
Why does Cold Stone Creamery have staying power? Cold Stone Creamery has been designed to be easy to run and easy to scale. Our franchisees come to us with a passion for ice cream, an enthusiasm for our product and the desire to be a positive, meaningful force in their communities — and we teach them the rest.
How much ice cream does the average American eat a year?
Not only do we spend $8 billion a year on ice cream, but the “Real Dish on Ice Cream Survey” also revealed that 87 percent of Americans keep ice cream in their freezer on a regular basis, and the average American enjoys 48 pints of ice cream per year (Source: Yahoo Finance).
How much does it cost to franchise Cold Stone Creamery?
Franchisees can expect to make a total investment of $266,625 - $468,775. Cold Stone Creamery® charges a franchise fee of $27,000.
How much liquid capital do you need to invest in a company?
Interested parties should have at least $100,000 in liquid capital to invest.
Is Cold Stone ice cream a 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’s super-premium ice cream is made fresh in over 1,000 locations in the United States, and in hundreds of other locations around the world. As one of the pioneers of customization, Cold Stone Creamery allows customers to dream up their own ice cream treats, or choose from our wildly popular Signature Creations ™. Better still, our customer service is not only exciting, with songs, cheers and dances, but it creates memories that will last a lifetime.
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.
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.
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 ...
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
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.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
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 exclusive territory?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
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.
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.
How long is KTEC training?
Initial training = 2 weeks of training, including new franchises, do attend KTEC (Kahala Training and Education Center).
What is franchise for sale?
Franchise for sale provide information regarding the franchise which will help you to choose profitable franchise option.
What is on-going training?
On-going training = They will meet you regularly to help you and answer any of your questions, and are just a phone call away if you have questions. Every new franchisee also receives monthly check-in calls from a Regional Director of Operations or Area Developer.
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 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!