National Franchise in Hobart
66.66% Trade Component
AU$50,000 (Cash) | AU$100,000 (Trade)
388 Elizabeth St, North Hobart, TAS 7001, Australia
Cold Rock Ice Creamery is a long standing Australian franchise which has over 90 stores Australia wide. The franchise is best known for their fun spin on ice creams, where customers can pick from their favourite treats and have them mixed into their ice cream on the spot, creating interesting and refreshing combinations to satisfy whatever craving they may have.
The store's operation is simple, customers choose their ice cream, choose any mix-in extras such as lollies or chocolates & the staff then create the customers' customised ice cream ready within seconds. The shop itself is large for an ice cream store, with seating inside & outside. It also has a walk in freezer which is extremely advantageous. Operating 7 days per week from mid-morning until late at night, the store's hours are flexible depending on the seasons & weather conditions which dictate the flow of customers.
The range of premium ice creams & sorbet flavours is enormous. The uniqueness of Cold Rock franchises, compared with other ice cream franchises, eventuates from that fact that over 35 different chocolates, lollies, fruit or nuts can be mixed on the “Cold Rock” with over 32 different flavours of ice cream, which results in over 300 different flavour combinations from which to choose. Some of the nearby businesses include: Suncorp Bank, Subway, Zambrero, Dan Murphy’s, Coles Supermarket and Variety 1.
Simple to run with the franchisor taking care of marketing, new product development and corporate imaging. Cold Rock Ice Creamery commenced with its first store at Aspley Queensland, during 1996. The group now boasts approximately 100 stores throughout Australia plus 2 stores in Singapore. The franchisor’s motto is “Choose It, Mix It, Smash It, Love It”. (Note: The photos are generic only & not photos of the actual business).
- long term owner of more than 10 years must sell urgently due to health issues
- franchise has 6 months and lease has 15 months left to run- both can be renewed
- owner has started cafe in 2018 that has no additional costs as it's part of same building and staffed by same people
- current t/over for 2019 is 400k and g/p is $280k and expenses are $172k this includes 40k in casual wages and rent of $7k per month so owner profit is $132k so say between $100- $130k
- all plant is owned and included.
- $150k stock to be agreed on - $5k-10k
Vendor can finance the $50k tap
Lease has 15 months to run plus 5 year right of refusal
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