Cold stone ice cream franchise cost in india

Year Began Business: 1992

Franchising Since: 1994

Headquarters: Scottsdale,Arizona

Estimated Number of Units: 1,500

Franchise Description: The franchisor 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 Creameryrestaurant; (ii) purchase one of the franchisor’s Cold Stone Creameryfranchises 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 Creamerybrand.

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.

Territory Granted: The franchise is granted only for the location specified in the Franchise Agreement or a location to be approved by the franchisor. 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 the franchisee’s location, including across the street from the franchisee’s location or in the same venue as the franchisee’s location.

Obligations and Restrictions: While the Franchise Agreement does not specifically require franchisees or their principals to personally participate in the direct operation of the franchise, it is the franchisor’s intention to select as Cold Stone Creamery franchisees only those who plan to actively participate in the direct operation and daily affairs of the Cold Stone Creamery restaurant. If married, the franchisee’s spouse must also sign all applicable agreements. The franchise must be personally managed with on-premises supervision and directly operated by franchisees or another partner, shareholder or member of the business organization, or a manager who must have successfully completed the training program. The franchisor strongly recommends that franchisees devote a substantial amount of time to the Cold Stone Creameryrestaurant. Additionally, franchisees must employ on a full time basis at least one on-premises supervisor (manager) for the restaurant. The franchisor requires that the business is solely that of a Cold Stone Creamery restaurant, and franchisees may not conduct any other business or activity at the site of the restaurant without the franchisor’s prior written approval. For traditional restaurants, franchisees must offer the full menu prescribed by the franchisor, subject to change from time to time in its sole discretion. Non-traditional restaurants may offer a more limited menu than the traditional restaurant, as detailed in the operations manual.

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.

Financial Assistance: The franchisor does not offer any direct or indirect financing or financing arrangement, nor will it guaranty the franchisee’s obligations under any note or other obligation, except potentially for the lease for the site or if the franchisee purchases a restaurant corporate-owned “as-is” by one of the franchisor’s affiliates, and only in its sole and absolute discretion. If, in order to obtain the lease agreement for the site of a Cold Stone Creamery restaurant, the landlord requires the franchisee to obtain a third party lease guarantee, and the franchisor or one of its affiliates agrees to serve as such guarantor (with such determination to be made in the franchisor’s sole and absolute discretion), the franchisee will pay a lease guarantee fee. If franchisees purchase a corporate restaurant “as-is” that is owned and operated by one of the franchisor’s affiliates, it may finance up to 100% of the purchase price, at its sole discretion.

The above information has been compiled from the FDD of Cold Stone Creamery. Year of FDD: 2022.

Franchise Direct’s Disclaimer

Top 8 cold stone ice cream franchise cost in india edited by Family Cuisine