Business For Sale

Well known Profitable Franchise Pretzel Bakery

Not Disclosed, FL

Tampa Area


Asking Price: Annual Revenue:
$247,500 $485,000

Food & Beverage: Production - Bakery, Farms, Winery


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RE: Well known Profitable Franchise Pretzel Bakery Broker: Keith Lehmann

Quick Facts

Asking Price: $247,500
Annual Revenue: $485,000
Net Profit: Not Disclosed
Cash Flow: $135,000
Total Debt: Not Disclosed
FF&E: $142,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 9
BBN Listing #: 353955601
Broker Reference #: 53402228

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Business Overview:

This very well known franchise bakery located in a mall which, famous for it's pretzels has done quite well for itself. This long established (25 yrs) operation is currently absentee run and still shows a nice profit. Great Franchise system, great books and records. Add-back is being done for 30 hours of manager payroll to present as owner operator since the owner is absentee. New development of part of the mall will make the future even brighter.


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Property Features and Assets:

This powerhouse little unit is on an end cap by a mall food court. The store definitely commercially attractive looking and even recently had a brand new AC unit installed. Inventory:Included in asking price . Real Estate: Leased. Building SF: 587. Lease Expiration:12/31/2019. Furniture, Fixtures, & Equipment (FF&E):Included in asking price. Inventory: $2,000. Lease Rate: $7,249.66 /Month.

Market Competition and Expansion:

Competition_This concept is a staple in the malls and this mall in particular. No other store exactly like it is in the mall. Even after the mall lost an anchor (in 2015), the sales stayed on track and the store makes great money Growth & Expansion:While the store has some limitations selling primarily to the employees and patrons of the mall, it has always done well. Now an anchor spot is slated for a major redevelopment and will prove to add even more traffic.Support & Training:The seller is willing to spend a couple of weeks working with the buyer after closing which is in addition to the franchise provided training program.

Reason for Selling:

Distance

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.

Documents:

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