Business For Sale

Pretzel Franchise in Central Virginia

Not Disclosed, VA

Central Virginia

Asking Price: Annual Revenue:
$285,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pretzel Franchise in Central Virginia Broker: Gavin Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $285,000
Annual Revenue: $500,000
Net Profit: $125,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 7
BBN Listing #: 437748609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for sale a successful pretzel franchise in Central Virginia. The business is located in a shopping mall.

The store has enjoyed very stable sales throughout its history, including showing great resilience in 2008 and 2009 despite very weak economic conditions.

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Property Features and Assets:

Property is leased and located at large local shopping mall.

Market Competition and Expansion:

Quick Service Restaurants (QSRs) Earned $200 Billion in the United States in 2015 Alone. QSRs (quick service restaurants) used to be exclusively hamburgers and French fries, but the industry is evolving as consumers’ tastes are changing. The majority of millennials buy and eat snacks away from home. Their eating habits show no sign of slowing down; indeed, all statistics indicate that the snack food franchise industry is going to grow. QSRs as a whole are projected to grow by 2.5% each year until 2020.

Reason for Selling:

Seller wishes to pursue other business opportunity

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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