Thursday, October 9, 2003

Cold Stone Creamery dishing it up big time in coming year

By Randy Tucker
The Cincinnati Enquirer

Cold Stone Creamery, an Arizona-based "super-premium" ice cream franchiser with six locations in Greater Cincinnati, plans to open 10 new franchises in the area next year.

Cold Stone franchisees operate a total of eight stores across Ohio in Columbus, Cincinnati, Dayton and Springboro, plus one at Newport on the Levee.

The company is focusing expansion on Ohio, and hopes by the end of 2004 to have close to 40 stores statewide.

The business sells a product that it describes as "neither soft-serve, nor hard-packed" and made with a secret recipe.

Depending on the number of scoops and variety of mix-ins, a single Stone Cold ice cream cone can cost as much as $4.

But it seems ice cream is one indulgence that consumers will readily open their wallets for.

Cold Stone has been called the nation's fastest growing super-premium ice cream concept by Entrepreneur magazine, which ranked the company No. 35 on its list of the fastest-growing franchises..

Cold Stone has more than 480 stores in 40 states, including Hawaii, Alaska and the Caribbean.

The company will host informational seminars locally later this month for prospective investors. For information, call Tim McCarthy at 480-348-1704.


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