Tidewater Fast Food Franchise Restaurant Acquisition Opportunity

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Priced well below start up cost
Asking Price:
$95,000

Gross Revenue:
$130,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$85,000
included in asking price

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Business Description

• Excellent daily & freshly baked Pretzel product sales with both retail & catering income streams.
• Nationally recognized brand since 1998 and has over 150 locations.
• Great franchisor support and reputation since 2004.
• Excellent location in the middle of shopping center, business and residential neighborhoods of Virginia Beach.
• Location is within 10 miles from Virginia Beach oceanfront.
• Reason of sale: health.
• It is a turnkey sale and great acquisition for owner/operator business model.
• Easy to follow step-by-step business model.
• Approximately 8 ½ years of franchise right left
• Buildout and all FF&E are about 1 ½ year old.
• Original franchisee fee & $85,000 of furniture, fixture and equipment are included in sale

This Pretzel fast food franchise restaurant sells grab and go lunch/dinner items such as; Pretzel Hot Dogs and Spicy Sausages (100 % beef - Dietz and Watson brand), Cheesesteak pretzels, Pepperoni Pizza Pretzels, as well as delicious assorted cheese, mustard, and sweet dips) which serve as very profitable compliments to the pretzel items. It is a great opportunity for first time owner/operator business entrepreneur. Owner opened this franchised location in mid-2017 with all new buildout, furniture, fixture and equipment. With approximately 8 ½ years of franchise rights left which is transferable to new and qualified franchisee. It is a turn key operation and easy to manage step-by-step franchise system. Franchisor is a nationally well recognized brand with over 150 locations and continuously growing. Seller offers the business in the market for health reason. Great growth opportunity is available through wholesale/catering service to business and local events. Monthly visit from corporate district manager helps develop great marketing and sales strategy to increase overall revenue. Training is available for both franchisee and employees. Potential is great for someone with the energy and right mind set to see the awesome potential of this restaurant.

About the Business

Location:
Virginia Beach, Virginia
Year Established:
2017
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$2,836.00 Per Month
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About the Sale

Reason For Selling:
health
Training/Support:
4 weeks
Seller Financing:
47500.00

Listing Info

ID:
1582237
Ad Detail Views:
0

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Business Listed by

Carven Cheung

Transworld Business Advisors

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Sponsoring Broker:

Steve Sigman
Transworld Business Advisors

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

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U.S. Community Survey Data for Virginia Beach city County, VA
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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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