Michigan Screams for Cold Stone Creamery Ice Cream; Ice Cream Franchisor Announces Expansion Plans.EAST LANSING East Lansing, city (1990 pop. 50,677), Ingham co., S central Mich., a suburb of Lansing, on the Red Cedar River; inc. 1907. The city was first known as College Park, but was renamed when it was incorporated. , Mich. -- Cold Stone Creamery Cold Stone Creamery is an ice cream parlor chain based in Scottsdale, Arizona, United States.[1] History The company was co-founded in 1988 by Susan and Donald Sutherland (unrelated to actor Donald Sutherland), who sought ice cream that was neither hard-packed , the fastest growing ice cream franchise in the nation, today announced development plans for expanding franchise operations in the state of Michigan. The company currently has 16 stores open across the Wolverine wolverine or glutton, largest member of the weasel family, Gulo gulo, found in the northern parts of North America and Eurasia, usually in high mountains near the timberline or in tundra. State and currently has 18 in development. Cold Stone Creamery has already opened eight stores in 2004 with plans for an additional eight to open by year's end. Sixty additional Michigan stores are projected to open in the next three to five years. "We're looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. entrepreneurs that are as passionate about ice cream as we are," said Michigan Area Developer Michael Flaum. "What better business to be in than the ice cream business?" The company is hosting an informational seminar on Oct. 7 at the Marriott East Lansing at University Place, 300 M.A.C. Ave., to educate local investors of the unique entrepreneurial opportunity. Entrepreneurs and investors passionate about ice cream are encouraged to contact Flaum at 419-350-3828. Space is limited and reservations are required to attend. The company's proven formula is a key contributor to a bite out Verb 1. bite out - utter; "She bit out a curse" let loose, let out, utter, emit - express audibly; utter sounds (not necessarily words); "She let out a big heavy sigh"; "He uttered strange sounds that nobody could understand" of the $20.7 billion ice cream industry. Boasting a $380,000 annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. average unit volume, the highest of any super-premium ice cream concept, Cold Stone Creamery 2003 systemwide revenues exceeded $156 million, up 77 percent from $88 million in 2002. Cold Stone Creamery continues to set new growth records and maintain its position as the nation's fastest growing super-premium ice cream concept. Ranked No. 25 in Entrepreneur magazine's 101 Fastest Growing Franchises (February 2004) and No. 4 in Restaurant Business magazine's Top 50 Growth Chains (July 2004), Cold Stone Creamery's potential has been realized by a surge of entrepreneurs eager to open their own Cold Stone Creamery franchises. In 2003, Cold Stone Creamery opened 228 new stores and has already opened 250 in 2004. About Cold Stone Creamery Cold Stone Creamery was developed to create the ultimate ice cream experience, and is carried through by a community of franchisees passionate about ice cream. The secret recipe Secret Recipe is a lifestyle café chain and has become a household name following its debut in Malaysia since 1997. Secret Recipe has successfully established its brand name in Malaysia, Singapore, Philippines, Indonesia and Thailand by virtue of its quality cakes, fusion food and for smooth and creamy ice cream is handcrafted hand·craft n. Variant of handicraft. tr.v. hand·craft·ed, hand·craft·ing, hand·crafts To fashion or make by hand. hand·craft fresh daily in each store, and then customized by combining a variety of mix-ins on a frozen granite stone. With more than 800 stores from coast to coast, Cold Stone Creamery currently operates in 46 states including Alaska, Hawaii, the Caribbean and Guam. Cold Stone Creamery is an independently owned franchise system, headquartered in Scottsdale, Ariz. For more information about Cold Stone Creamery, visit the company's Web site at www.coldstonecreamery.com. |
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