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Entrepreneur: Start & Grow Your Business

Cold Stone Creamery

Ice cream, Italian sorbet

Background

Founded: 1988 Franchising since: 1994
9311 E. Via De Ventura
Scottsdale, Arizona 85258
Phone:
(480)362-4800


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 1221 0 138 44
2008 1,394 0 114 11
2007 1,387 0 27 30
2006 1,328 0 6 18
2005 1,084 0 0 19

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.

Costs and Fees

Total investment: $292.4K-438.98K
Franchise fee: $42K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Cash liquidity requirement: $125K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • 53% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 15
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 11 days
  • At franchisee's location: 3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • In-house creative services group; local store marketing support

Rankings

Franchise 500® rank:
#46 (2009); #90 (2008); #14 (2007); #24 (2006); #59 (2005);

Ranked #1 in category in:
2007;

Fastest-Growing Franchises:
#64 (2008); #12 (2007); #11 (2006); #12 (2005);

America's Top Global Franchises:
#40 (2009); #20 (2007); #32 (2006); #62 (2005);