Cold Stone Creamery

Cold Stone Creamery

Information based on 2023 FDD

Food & Beverage · Desserts

Investment min
$310K
Total: $310K–$603K
Avg gross revenue
$608K
Unit-level, 2023
Franchise fee
$27K
Per current disclosure
Royalty
6%
of gross revenue
Locations
908
Franchising since 1994

Description

What is Cold Stone Creamery?

Cold Stone Creamery has revolutionized the ice cream industry since 1988 with its signature 'Ultimate Ice Cream Experience®.' What sets Cold Stone apart is their unique preparation method – premium ice cream made fresh in-store, then masterfully mixed with chosen toppings on a frozen granite stone, creating personalized creations that have delighted customers for generations.

The brand is renowned for its interactive customer experience, where skilled team members blend premium ice cream with an endless combination of mix-ins, including fresh fruits, nuts, candies, and baked goods. This personalization, combined with their entertaining presentation style, creates a memorable dessert experience that goes beyond just serving ice cream.

Cold Stone Creamery's menu features an extensive selection of ice cream flavors, from classic varieties to innovative seasonal offerings. Their product line extends beyond simple scoops to include signature creations, smooth shakes, ice cream cakes, and other frozen treats. The brand has also adapted to modern consumer needs by offering convenient options like online ordering, delivery, and curbside pickup.

The franchise has built a strong reputation for quality and innovation in the dessert sector, with a robust rewards program that builds customer loyalty. Their commitment to customer service is evident in their trained staff who are known for creating a welcoming, fun atmosphere. Whether it's a casual treat, special celebration, or catered event, Cold Stone Creamery has positioned itself as a premier destination for premium ice cream experiences, making it a beloved brand in communities across the nation.
  • 36-year established ice cream leader
  • 912 units nationwide market presence
  • Signature granite slab mixing experience
  • Multi-channel delivery and catering revenue
  • Premium positioning exceeds sector averages
  • Loyalty program drives repeat customers

Location Analysis

Where Cold Stone Creamery wins

Cold Stone Creamery demonstrates a strategic presence across multiple states, with notable strength in the Mid-Atlantic region. Virginia and Maryland show particularly strong market penetration, while the brand maintains significant presence in diverse markets including California, Michigan, and Florida. This distribution suggests successful adaptation to varied demographic profiles and market conditions.

The brand's average rating of 4.02 across numerous customer reviews indicates consistent operational performance and customer satisfaction. Strong ratings in competitive markets like California and Florida demonstrate resilience in saturated dessert markets, while concentrated presence in Mid-Atlantic states suggests optimal market conditions for the concept.

Key success factors include locations in high-foot-traffic areas, particularly shopping centers and urban retail districts with complementary businesses. Ideal locations typically feature household incomes above $65,000, dense populations of young families and millennials, and proximity to entertainment venues or retail anchors. Notable expansion opportunities exist in underserved markets across the Southwest and Pacific Northwest, where similar demographic profiles suggest growth potential.

Prospective franchisees should prioritize locations with year-round dessert demand, strong disposable income, and protection from seasonal fluctuations through indoor mall or shopping center placement. The brand's strongest performance correlates with areas combining residential density with commercial activity.
Total US locations
912
Franchise units
908
Corporate locations
4
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Cold Stone Creamery

Avg gross revenue$607,932
Investment range$310,375 – $602,775
Investment midpoint$456,575
Brand fund3%
Royalty6%
Franchise fee$27,000
Min. net worth
Min. liquid capital
Cold Stone Creamery requires an investment range of $310,375 to $602,775, positioning it as a mid-tier opportunity within the dessert franchise sector. The investment aligns closely with sub-sector averages of $296,855 to $591,723, indicating competitive market positioning for premium ice cream concepts.

The dessert franchise sector benefits from recession-resistant consumer behavior, as affordable indulgences remain popular during economic uncertainty. Cold Stone's experiential model, featuring hand-mixed creations on granite slabs, commands premium pricing compared to traditional ice cream concepts. The brand's reported gross revenue of $607,932 substantially exceeds the sub-sector average of $414,337, reflecting strong brand positioning and operational execution.

With 912 units and 36 years of operation since 1988, Cold Stone demonstrates significant system maturity and market penetration. This extensive footprint provides operational stability and brand recognition advantages, though it may limit prime territory availability in saturated markets.

The franchise's multi-channel approach including in-store, delivery, and catering services creates diverse revenue streams. However, the experiential nature requires skilled labor and consistent execution standards. The brand's loyalty program and digital ordering capabilities align with evolving consumer preferences.

Ideal investors should possess $200,000+ liquid capital and food service experience, given operational complexity. High-traffic retail locations with strong demographics are essential for success. Multi-unit development opportunities exist in underserved markets, though thorough market analysis is crucial given the mature competitive landscape.
Did you know? Did you know that opening your own Cold Stone Creamery franchise - where you'll be mixing premium ice cream on a frozen granite stone and serving up those famous Signature Creations - requires a total investment between $310,375 and $602,775, which includes the $27,000 franchise fee plus all the equipment, build-out costs, and working capital needed to bring this beloved ice cream experience to your community?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$310K–$603K
Most common
$310,375
Minimum
$456,575
Midpoint
$602,775
Maximum

Per FDD Item 7, total initial investment ranges from $310,375 to $602,775. The midpoint $456,575 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$800K$640K$480K$320K$160KN/A
$446K
$594K
$608K
2021
2022
2023
Avg
$549K
YOY change (2022 -> 2023)
+2%

According to Item 19 of the Franchise Disclosure Document, Cold Stone Creamery has an average gross revenue of $608K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+2% YoY
1,5001,2009006003000
2016
2017
2018
2019
2020
2021
2022
2023
912 units open as of 2023 FDD+18 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Cold Stone Creamery's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Cold Stone Creamery franchise typically ranges between $310,375.00 and $602,775.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Cold Stone Creamery
Cold Stone Creamery
$608K avg revenue · 908+ US franchises

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