Iconic ice cream franchise has a long track record of helping entrepreneurs in business
Aspiring entrepreneurs who want to run their own business should look no further than Cold Stone Creamery®, which offers all the benefits of a highly regarded and successful franchise that still holds that mom-and-pop feel.
It’s no secret: starting a business from scratch is not for the faint of heart and a major risk for entrepreneurs. According to data from the U.S. Bureau of Labor Statistics, about 20% of U.S. small businesses fail within just the first year. Ten years down the line, just 33% of businesses are still afloat.
It’s also no mystery why these businesses fail. A lack of funding or working capital, a lack of business acumen on the management team, ineffective business planning and failing to properly market are common themes for why start-ups and small businesses crash and burn.
That’s even more reason why opening a Cream Stone Creamery can be the way to go as opposed to opening an ice cream shop on your own.
For one, aspiring entrepreneurs with Cream Stone Creamery receive the international brand recognition that comes with the storied franchise. Founded in 1988, Cold Stone Creamery now boasts countless locations in the U.S. and several international locations across different countries. And, the company is constantly working to expand into new markets to further increase brand recognition.
“This is a really exciting time to be a part of our brand. We’re continuing to grow, and as more and more entrepreneurs discover the strength of our business model, our level of support, and our continued ability to connect with our customers, we expect our strong growth to continue going forward,” says Jay Goldstein, VP of Development for Cold Stone Creamery.
Whereas many small business start-ups fail because of a lack business acumen and ineffective business plan, franchisees with Cold Stone Creamery have one less worry as the more than three decade old company offers a premier support system from franchising giant Kahala BrandsTM. In business for yourself, but not by yourself, our franchisees have access to unlimited amounts of guidance, as well as a business blueprint to follow to set up and run your business successfully.
“Our franchisees make real investments of both time and money to franchise with Cold Stone Creamery, and we honor that by going above and beyond in providing an exceptional initial and ongoing training platform,” says Jay Goldstein, VP of Development for Cold Stone Creamery. “We’ve been helping entrepreneurs establish new Cold Stone Creamery businesses for a long time, and we’ve built an iconic business model that requires no previous experience to become a top performer. As a franchisor, we’re honored to report that franchisee satisfaction is at an all-time high.”
Cold Stone Creamery’s business model is designed to maximize profit-potential and is built for long-term growth. The initial investment estimate for a Cold Stone Creamery franchise ranges from $53,200 to $476,975*. Among countless stores, the average gross sales were reported at nearly $500,000.
“We’re very fortunate to be a brand that millions of people love and to have such positive franchise owners,” Goldstein says.
And above all else, Cold Stone Creamery offers an artisan product that customers love. On top of being a successful franchise for years, our locations also serve as places for families and communities to gather to enjoy a delicious treat. It’s that rewarding sense of contributing to the places where we operate that keeps franchisees finding meaning in their work.
“That’s the best part about Cold Stone Creamery — not only is it an investment with tremendous support and an exceptional product, but it’s also a fun business to own,” says Goldstein.
*See Franchise Disclosure Document and speak with your Development Manager for full details