If you are looking for a great E2 Visa Business, consider own your very on Cold Stone Creamery Franchise. Cold Stone Creamery is a neighborhood dessert option that offers tasty frozen yogurt and ice cream treats that are divine. This could be your opportunity to be your own boss in a business that has national recondition with a highly recognizable brand across the country.
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By having this informational page on the Cold Stone Creamery franchise, our hope is that we have some initial research to provide you with a sound basis of knowledge of this Cold Stone Creamery franchise. If you are interested in the Cold Stone Creamery franchise, feel free to contact us and let us know as we have some excellent contacts that could be essential to securing your E2 Visa Business.
Ok-let’s get into some details about the Cold Stone Creamery Franchise.
About Cold Stone Creamery
A brand this is recognizable to almost every individual in the United States, Cold Stone Creamery is renowned for offering premium ice cream for more than 25 years. Cold Stone Creamery prides themselves on being much more than a ice cream place, rather they aim to be in the business of making people happy by providing their customers with a “10 Minute Vacation,” each time they enjoy one of their unique ice cream creations.
This desire to make their customers happy ranges from their employees who sing, to the laughter within the store, and the excellent customer service that motivates their customer to continue to visit their store often. One of the unique services they provide is by expertly incorporating their ice cream flavors and their wide range of toppings on what is referred to as their “cold stone.”
E2 Visa Opportunities
When selecting an E2 Visa Business opportunity it is important to ensure that the business you purchase will satisfy each of the E2 Visa Requirements. As such an important consideration is the viability of the business and the ability of the business to continue to employ at least 2 American Workers.
One of the benefits of investing in a Cold Stone Creamery Franchise location, is that it is well-known brand across the country which could provide a steady flow of income for the location. In addition, Cold Stone Creamery locations function with several employees. During the busiest of times, it there can be at least 5 or 6 employees working on the line. Thus, the American worker employment requirement would easily be satisfied through the purchase of a Cold Stone Creamery franchise.
Starting a Cold Stone Creamery franchise will require a total investment of $261,125 or upwards, depending on the size of the franchise and its location.
Net Worth Requirements
Like any business, it is extremely important the franchise be run successfully, as the failure of your business will reflect poorly on the Cold Stone Creamery franchise brand. Thus, Cold Stone Creamery requires that you maintain a Net Worth of around $250,000.
Net worth is basically the value of your assets minus the amount of your debts.
Many businesses that offer franchises for purchase will require their franchisees to have a certain amount of funds liquid at all times. Meaning that they will require you to have a certain amount of cash that you will have left on hand, that is available to the business should it ever be required.
Cold Stone Creamery has a low liquid capital amount of $100,000. A line of credit may be sufficient to meet this requirement if needed.
Like many franchise opportunities, Cold Stone Creamery offers extensive, in-depth training, coaching, and operational manuals. Their training for franchise owners takes place for 4 to 10 weeks before the opening of the franchise store, and five additional days of classroom training at their Scottsdale, AZ headquarters, in additional to five days of in-store training at an operating Cold Stone Creamery.
Their extensive training program consist of providing the franchise owner with an overview of the business and the franchise industry, including details of store operations, and how they deliver superior customer service to each and every client that enters their store.
The Cold Stone Creamery Site offers its own list of benefits of franchising with them. They include that they are experienced franchisors, world-class training and on-going support, and that they are consistently recognized for excellence by many industry publications including entrepreneur, QSR, and Restaurants and Institutions.
From a brief look at the organization we agree with these benefits as they do start apart from many of the other franchise opportunities out there.
Majority of franchises require their franchisee to pay a “franchise fee” and/or royalties to the corporate office. Royalties often include commissions from gross sales as as well as an advertising fee.
Cold Stone Creamery requires a Franchise Fee of $27,000 which is noted on their website not to include any discounts that may be applicable. In addition to the franchise fee, Cold Stone Creamery will also collect royalty fees amounting to 6% of gross sales, and an advertising fee amounting to 3% of the gross sales. Thus, a total of 9% of your gross sales will be due back to the corporate offices of Cold Stone Creamery.
Finding Your Location
As your E2 Visa Lawyer, we would be delighted to work with you and get you connected with the best person in the Cold Stone Creamery organization to help you source your location and solidify your investment location. Give us a call today and we will be glad to get the ball rolling and bing you closer to being an American Business Owner.
The Law Offices of Chris M. Ingram offers free initial consultations to anyone looking for an E2 Visa and suitable business. Our goal is to provide all of our clients with the very best advice and support possible, so do not hesitate to call us for your consultation, or fill out the consultation form on this page. We look forward to hearing from you very soon.
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