MergerPlace

Est. with Huge Potential Pretzel Bakery

New Jersey (Gloucester)


  • Asking Price: $199,500
  • Gross Income: $345,297
  • Cash Flow: $59,629
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $140,000
  • Listing ID: #198649
  • Established: 2008
  • Employees: 2 FT/2 PT

Business Description

Located in New Jersey, Franchise comes with a large assigned territory. Perfect active owner business model. Strong growth potential with in a very active new real estate market. Everyone loves Pretzels! This Pretzel franchise is growing brand recognition from being on a national TV show which has helped increase sales. This store is in a high visible spot with plenty of parking. Store has great growth potential. This is an ideal business for a hands on owner that wants to build this, already very profitable store. Easy to run, concepts are highly successful franchise systems.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Gloucester

Company Information

Year Established: 2008
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT/2 PT

Financial Information

Asking Price: $199,500
Gross Revenue: $345,297
Cash Flow: $59,629
FF&E: $140,000
Seller Financing Available: No

Property Information

Facilities:

Located in a strip center in fair condition. Area is developing quickly with new businesses, corporate plazas and real restate.

Growth & expansion opportunities:

This territory has a large bordering territory on two sides that is currently open. Endless potential for driving business from the schools and local community. Current Owners have limited marketing over the years and have done minimum community outreach events.

Competition:

Current territory has minimum competition in market. Large territory with no bordering franchisees or other pretzel competitors. Closes location is positioned in a Walmart and not the same model. Local Farmers Market has buttery pretzels offered limited days and hours a week. No real competition in local market to this location.

Reason for selling:

Owner moving on to other business venture with family. Current business is ran as a family business.

Support & Training:

Will train for 1 week @ no cost. Manager day to day activities included but not limited to managing staff, customer service, operations, safety & sanitation, cash accountability & financial recording, inventory & ordering, scheduling & payroll, marketing & new sales. Normal business permits.

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Business Listed By:

Bill Bunting

Murphy Business Brokers