Seller's Contact Information
- RE: Philly Pretzel Factory Resale Only $99k
- Contact: Bob Dunphy
Quick Facts
| Asking Price: | $99,000 | |
| Annual Revenue: | $365,300 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $51,414 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 8 | |
| BBN Listing #: | 104935879 | |
| Broker Reference #: | 6842-620590 |
Business Overview:
Growing Philly Pretzel Factory Franchise in Forest Hills
Philly Pretzel Factory prides itself on being the go-to snack that everyone loves! All of their pretzels are made with the highest quality ingredients, hand-twisted, and baked fresh every day.
And this fast-growing location on Queens Boulevard in Forest Hills is primed for a new owner to make a ton of dough! Philly Pretzel Factory features both retail and wholesale sales opportunities within a Queens territory filled with potential. Product offering includes pretzels baked fresh on-premises, pretzel dogs, pretzel cheesesteaks, pepperoni melts, and cinnamon pretzel twists. The simple menu makes it easy to operate the retail store so you can focus on building wholesale accounts with schools, concert venues, sporting venues, catering halls, and local restaurants/bars. Current owner built the business from a start-up and now needs to focus on other business interests. The next owner benefits from his hard work by taking over as profits grow. Current corporate accounts include 10 schools that order regularly and on-premises sales at three entertainment venues (with more pending). Staff includes four full-time and four part-time employees. Includes leasehold improvements (value: $215,000), inventory (value: $2,000) and all furniture, fixtures and equipment included (value: $150,000; most are like-new). Open Monday-Saturday 10am-7pm, Sunday 10am-5pm.
Lease: Retail storefront in high traffic area. 867 square feet. Rent $7,265/month. Lease expires September 2029.
The Transaction: Asset Sale. The reason for sale is the sellers’ other business. Owner will assist with training and transition. Buyer must attend franchise training. The asking price is $150,000.
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Reason for Selling:
other business interests
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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