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restaurant and food business for Sale in Kansas

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High-Volume Cold Stone Creamery Topeka, KS - Wanamaker Crossing! photo
Ice Cream & Frozen Yogurt Shops
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High-Volume Cold Stone Creamery Topeka, KS - Wanamaker Crossing!

Topeka, Shawnee County, KS 66604-4144, US

High-Volume Well-Established Cold Stone Creamery Topeka, KS - Wanamaker Crossing! "On Wanamaker Rd, Topeka's Busiest Commercial Corridor & The Region’s Most Significant Retail Hub" Offering the best tasting, made-to-order ice cream! Churned in-store fresh daily using only the finest ingredients and mixed on a frozen granite stone with endless combinations of fruits, nuts, candy, sauces and more. Also, dairy-free sorbet. Plus, a new plant based almond milk product. Every creation custom-made available in cups, cones, waffle bowls and shakes, plus mix & go. Every option for everyone, all served in a fun and friendly atmosphere. Cold Stone also offers smoothies along with pre-packed quarts and party packs in addition to the richest ice cream cakes, cupcakes and cookie sandwiches. All these products are available for delivery or takeout and can be conveniently ordered online or by smart phone. Cold Stone has the perfect cake for any occasion: signature, birthday, kid-themed, petite, custom and photo cakes, plus signature pies. And Cold Stone is the nation's leading premium ice cream brand. Voted "Best Ice Cream" countless times. Quality, variety and choice-what customers want! With seemingly endless combinations of mix-ins, allows customers to dream up their own ice cream treat or choose from their wildly popular Signature Creations. Never prepackaged or shipped in, it's the freshness factor that sets them apart. They’re better because made fresh every day in every store, puts them in a class of their own. Industry experts categorize Cold Stone as "Super Premium." An artisanal ice cream churned fresh on-site with high standards for taste, consistency and texture. Well established franchise location over 10 years with the Cold Stone store refresh currently being completed. 2026 first quarter sales up 23%! Prime corner retail space in Wanamaker Crossing, a prominent retail center located at the intersection of SW Wanamaker Rd and 12th St with easy access from both I-70 and I-470, ensuring high traffic flow and drawing customers from across the region. Boasts a diverse tenant mix of dining, retail and service-oriented businesses creating a dynamic environment that attracts a broad customer base. Perfectly situated on Wanamaker Rd, Topeka's busiest commercial corridor and the region’s most significant retail hub. The Wanamaker Road corridor boasts over $1 billion in annual dining, grocery and retail spending, underscoring the area's robust economic activity! This Cold Stone is surrounded by a variety of other popular eating & drinking establishments including 7 Brew Coffee, Arby’s, Buffalo Wild Wings, Culver’s, Five Guys, Freddy’s Frozen Custard & Steakburgers, HuHot Mongolian Grill, Jason’s Deli, Man Vs Fries, McAlister’s Deli, Mizu Sushi, On The Border Mexican Grill & Cantina, Qdoba, Smallcakes, Spangles, Starbucks, Texas Roadhouse, Twisted Tenders and more. As well as many sought-after big-box retailers including Academy Sports + Outdoors, Aldi, Barnes & Nobel, Best Buy, Boot Barn, Bomgaars, Denver Mattress, Dick’s Sporting Goods, Kohl’s, Lowe’s, Sam’s Club, Sleep Number, The Home Depot, a Walmart Supercenter and more. Plus, many hotels including Americlnn, Baymont By Wyndham, Comfort Suites, Country Inn & Suites, Days Inn, Econo Lodge, Endeavor Inn & Suites, Garner Hotel, Hampton Inn, Hilton Garden Inn, Holiday Inn, Quality Inn, Super 8 By Wyndham, Wyndham and more. Also, near Topeka Zoo & Conservation Center and Kansas Children’s Discovery Center. And close to several schools! Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Tami Hillier at [email protected] or call 503-319-4626 for more information. Showings by appointment only outside of business hours.

$375,000
$666,184Revenue
$148,089Cash Flow

Market Snapshot

National transaction benchmarks for restaurant and food business businesses.

Under $500K

Median revenue$456k
Median cash flow$80k
Median sale price$130k
Multiple range1.2x - 2.5x

$500K to $2M

Median revenue$1.50m
Median cash flow$276k
Median sale price$750k
Multiple range2.1x - 3.5x

Over $2M

Median revenue$4.27m
Median cash flow$1.03m
Median sale price$3.20m
Multiple range2.7x - 4.0x

A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.

What to know about restaurant and food business acquisitions

GW

By George Wellmer

Cofounder & CEO

Key diligence, valuation, financing, and transition considerations for buyers evaluating restaurant and food business acquisitions.

Reconcile the sales — point-of-sale against bank deposits and tax returns

Cash-heavy businesses invite optimistic numbers; verify reported revenue against the processor and the returns before you trust a figure.

Read the lease like it's the deal

Remaining term, escalations, and assignment rights can make or break a restaurant; a strong concept on a non-transferable lease is a problem you inherit.

Pressure-test prime cost — labor plus food

Margins are thin and move with wages and commodities; understand prime cost and how stable the kitchen and front-of-house staff are.

Confirm licenses and health standing transfer

Liquor licenses, health permits, and inspection history are valuable and sometimes fragile; review the record before you commit.

Test how much rides on the owner and concept

A chef-owner or personality-driven concept may not transfer; understand the recipes, systems, and whether the brand survives new ownership.

Budget for equipment and build-out condition

Kitchen equipment, refrigeration, and the dining room wear and date; tour it with someone who knows the gear.

Frequently Asked Questions

Answers to common buyer questions for this market.

Yes, but they're scrutinized closely because margins are thin and failures common. Verifiable cash flow, a transferable lease, and systems that run without the owner make the difference.