MergerPlace

Just Reduced! Pretzel Franchise

New Jersey (Essex)


  • Asking Price: $125,000
  • Gross Income: $190,745
  • Cash Flow: $9,577
  • Real Estate: Not Disclosed
  • Inventory: $1,500
  • FF&E: $200,000
  • Listing ID: #214628
  • Established: 2016
  • Employees: 3 FT/ 9 PT

Business Description

Pretzels, Pretzels and more Pretzels.

We have the freshest product out there, we are a unique, fun and energetic business to be a part of.

The business are very engaged with the local communities for events, school activities, sporting events and fundraisers.

Their menu has a variety of items in addition to Pretzels -
Pretzel Dogs
Cheesesteaks pretzels
Popular party trays
Custom pretzels

The brand and products speak for themselves.

Average cost to open a new start up Pretzel Franchise can exceed $300,000, This store is total turnkey and ready to go.


Business Details

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

Company Information

Year Established: 2016
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3 FT/ 9 PT

Financial Information

Asking Price: $125,000
Gross Revenue: $190,745
Cash Flow: $9,577
FF&E: $200,000
Inventory: $1,500
Seller Financing Available: No

Property Information

Facilities:

Semi-Standalone Building in good condition. The Pretzel Bakery occupies 1 of 4 street level storefronts. 3 to 4 businesses are located on the 2nd floor including a real estate school and dance studio.

Growth & expansion opportunities:

Opportunity to Offer delivery service in addition to Uber delivery services. The town is growing and expanding with new businesses and schooling which will create more local opportunity. Local bars and restaurants to sell our pretzels and specialty items. The location does not have surrounding franchise locations which allows this business to expand wholesale and awareness to local towns to territory. Opportunity for more profitable party trays and more festival participation.

Competition:

The business is located in a great little walking town. This business is in a prime location which is located in the center of town. Several restaurants, salons, learning centers, high school and middle schools are 2 blocks away from this business location. We have the benefit of the high school local to business getting out for lunch. Many other businesses are nearby, public parks, walking trails are located steps for store front door. Town has many activities thru out the year, parades, festivals, car shows, school plays, day camps, etc.. Business is conveniently located to route 3, route 21 and GSP.

Reason for selling:

The ownership has had a change in priorities for the family. The owner needs to focus on family and not running the day to day operations. Owner is moving on from business as a result.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Bill Bunting

Murphy Business Brokers