Seller's Contact Information
- RE: Growing Pretzel Bakery W/Seasonal 2nd Location
- Contact: Bill Bunting
Quick Facts
Asking Price: | $220,000 | |
Annual Revenue: | $466,324 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $113,696 | |
Total Debt: | Not Disclosed | |
FF&E: | 105,665 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 7 | |
BBN Listing #: | 3504955 | |
Broker Reference #: | 3403-16323 |
Business Overview:
Everyone loves pretzels!Â
This pretzel franchise is growing brand recognition from being on a national TV show which has helped increase sales. Potential opportunity to own 2 pretzel franchise locations! The current sale price is for both locations!
The main location is in a great area with high visibility, and the other location is inside a sports venue with high foot traffic & profit! The main location is well known and supported by the community. This is the perfect opportunity for a semi-active owner!Â
Huge Territory with room to develop more locations more revenue! Huge opportunity for growth with this large territory. Store has great growth potential.Â
This is an ideal business for a hands-on owner that wants to build this already profitable store. Easy to run, concepts are highly successful franchise systems.
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Property Features and Assets:
The Traditional Pretzel Bakery is located in a Strip Mall. The non-traditional that is not currently included in this sale is a bakery is located in a Minor League Baseball Stadium. Assets - $220,262.
Market Competition and Expansion:
Nearest competition 7.5 Miles away. This franchise is the largest and most known franchise in the Northeast for traditional Philly Soft Pretzels. Lots of accounts & business that are untapped, large open territory around these 2 locations. Marketing and advertising is currently not being focused on outside the locations. Owner with marketing/advertising background can quickly brand and market business to new customers to market.
Reason for Selling:
Owner is moving on to focus on another business.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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