MergerPlace

Strong Profit Pretzel Factory

New Jersey (Burlington)


  • Asking Price: $330,000
  • Gross Income: $528,344
  • Cash Flow: $86,733
  • Real Estate: Not Disclosed
  • Inventory: $3,500
  • FF&E: $175,000
  • Listing ID: #206096
  • Established: 2005
  • Employees: 2 FT/ 11 PT

Business Description

One of the top performing and longest standing pretzel factories in NJ. Ranked 27 out of the whole company and ranked in the top 15% of the company as of 2017. Huge Territory with room to develop a second location!!! Very profitable and consistent! Huge opportunity for growth with this large territory. Everyone loves pretzels! This pretzel franchise is growing brand recognition from being on a national TV show which has helped increase sales. 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: Burlington

Company Information

Year Established: 2005
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT/ 11 PT

Financial Information

Asking Price: $330,000
Gross Revenue: $528,344
Cash Flow: $86,733
FF&E: $175,000
Inventory: $3,500
Seller Financing Available: No

Property Information

Facilities:

This facility is in the heart of downtown community in NJ. This business has great visibility to road, as well as a strong community presence. The location is about 1,200 square feet and has been renovated over the last 12 months. This location has just been updated to the new brand standard.

Growth & expansion opportunities:

More wholesale and fundraising. Huge potential to grow with schools in market and territory not being marketed to currently. Keep in mind territory is larger than the average awarded franchise territory. Potential to market to local towns in territory provides huge wholesale and new customer potential. Current ownership has focused on local community surrounding location.

Competition:

Closest competition is 3.2 miles away. Brand is huge in the market and very well known!

Reason for selling:

Owner is moving on to a new project/business opportunity. Owner has personally owned business for a full franchise agreement term and has paid $17,500 for a renewal on the franchise agreement as of 2017.

Support & Training:

Will train for 1 week @ no cost. Provides Philadelphia style "Hot Outta The Oven" soft pretzels made fresh daily, pepperoni pretzels, pretzel hotdogs, pretzel sausages, pretzel rivets, cinnamon pretzels, bottled drinks and an array of mustard and sweet dips.

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Business Listed By:

Bill Bunting

Murphy Business Brokers