Pretzel Franchise for Sale in Central Virginia

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Largely Absent Owner. Excellent Business with Solid Revenues!
Asking Price:
$285,000

Gross Revenue:
$500,000
Cash Flow:
$125,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$7,500
not included in asking price

FF&E:
$20,000
included in asking price

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Business Description

Light & Raphael is pleased to offer for sale a successful pretzel franchise in Central Virginia. The business is located in a shopping mall.

The store has enjoyed very stable sales throughout its history, including showing great resilience in 2008 and 2009 despite very weak economic conditions.

About the Business

Year Established:
1998
Number of Employees:
7
Real Estate:
Leased
Facilities:
Leased in Mall setting
Market Outlook/
Competition:
Quick Service Restaurants (QSRs) Earned $200 Billion in the United States in 2015 Alone. QSRs (quick service restaurants) used to be exclusively hamburgers and French fries, but the industry is evolving as consumers’ tastes are changing. The majority of millennials buy and eat snacks away from home. Their eating habits show no sign of slowing down; indeed, all statistics indicate that the snack food franchise industry is going to grow. QSRs as a whole are projected to grow by 2.5% each year until 2020
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About the Sale

Reason For Selling:
Seller wishes to pursue other business interests.
Training/Support:
Seller and franchisor will provide support and training following the sale.

Listing Info

ID:
1501744
Ad Detail Views:
1288

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Business Listed by

Gavin Raphael

Light & Raphael

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U.S. Census Data for Virginia
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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