Asking Price: $95,000 Gross Revenue: $130,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $85,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
• 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.
Tidewater Fast Food Franchise Restaurant Acquisition Opportunity
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