Business For Sale

Major Pretzel Franchise - Absentee Run/Profitable

Not Disclosed, CA
Riverside County

North Los Angeles County


Asking Price: Annual Revenue:
$219,000 $350,642

Food & Beverage: Coffee, Cafe, Dessert


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RE: Major Pretzel Franchise - Absentee Run/Profitable Broker: Shreeraj Parikh
License #: 01962451

Quick Facts

Asking Price: $219,000
Annual Revenue: $350,642
Net Profit: $75,000
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 456352542
Broker Reference #: Not Disclosed

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Business Overview:

100% HELP RUN, current owner owns several franchised businesses. This Famous and Hard to get in Pretzel Franchise is rarely listed for sale. Great opportunity for anyone who is able to give a little more attention to this location than the seller currently can

Excellent Lease terms. All numbers are official, and records are clean and verifiable. Newly built. Everything is in mint condition. No re-model needed by Franchisor.

• Rent is $2987 including Water and Power.
• Lease term: 5 Years + 3 years option with 3% increase.
• Franchisor holds the master lease and so the lease transfer would be relatively simple and quick.
• To open new a new location, the approximate cost is about $300k - $350k.
• Business open since 2016.
• Approximately 9 employees – 2 full time and rest are part-time. Managers gets about $14/hr.
• Payroll is approx. 34%, which is really high according to the seller, the business is already profitable but this would be a great opportunity for anyone who is willing to pay attention to the location and work on reducing this cost. An owner operator can further reduce it by working in the business.
• 2017 Revenue: $350,642.15
• 2018 Revenue: $192,085 (Jan – June), Up about 17% as of June 2018.

Please Note: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by the CABB Business Broker, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney and/or other business advisors.

ASKING PRICE: Business $219,000
Plus, Inventory (Approx. 5k) + Transfer Fees (Approx. $11k)

Contact: Raj Parikh | (909) 510-9102 | rparikh@naicapital.com

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Reason for Selling:

Strategic

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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