Turnkey Soft Pretzel Franchise w/ Catering & Delivery in Place

Asking Price$270,000

Cash Flow
$105,887

EBITDA$75,107

Gross Revenue$469,737

Inventory$3,250
Included in asking price
FF&E$60,829
Included in asking price
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Turnkey Soft Pretzel Franchise w/ Catering & Delivery in Place


Asking Price$270,000

Cash Flow
$105,887

EBITDA$75,107

Gross Revenue$469,737

Inventory$3,250
Included in asking price
FF&E$60,829
Included in asking price
Business Description
Turnkey, Soft Pretzel franchise business and retail location in a high-traffic shopping center on a major thoroughfare in Ewing, NJ just off I-95. Serving a loyal mix of retail and catered clientele, including numerous corporate and event venue clients. This turnkey operation includes full training and is turnkey for a hands-on owner or experienced manager. Protected territory, prime route visibility, solid catering revenue (college, office, and party trays), with strong local brand equity and national franchise support.
About the Business
Years in Operation
18
Number of Employees
8
Franchise
This business is an established Philly Pretzel Factory franchise
Facilities & Assets
This is a fully equipped and modern franchise business with all branding, marketing and ingredient rights as a fully licensed franchise of Philly Pretzel Factory. The store has been open since 2017 is one of the most successful Philly Pretzel franchisee in the chain. The Ewing, NJ based business benefits from a wide protected trading area including Ewing, Lawrenceville, Princeton, Trenton, and Hopewell and benefits from numerous corporate and public event and entertainment concession business. With multiple streams of revenue including walk-in business.
Website
https://creresources.notion.site/om-philly-pretzel-factory-ewing
Market Outlook / Competition
Trade Area: Trenton / Mercer Co. - stable, good incomes many corporate opportunities, high growth with ~1,500 new apartments/condos directly across Parkway Ave. Store is located in high traffic, grocery store anchored retail shopping center.
Opportunities for Growth
Significant opportunity to expand corporate accounts including public entertainment facilities (stadiums, arenas, entertainment venues, convenience stores); Strong Food Truck/Food Cart business potential (train stations, flea markets, street fairs, festivals (New Hope/Lambertville); Expand local event Catering: Corporate functions, school events, weddings/parties; Develop more customer interest through enhancements with Instagram and Facebook and Google Ads exposure.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,260
Rent
$3,100.00 per month
Lease Expiration
8/31/2029
About the Sale
Seller Motivation
Owners are retiring and considering alternate business opportunities
Transition Support
Owner available for delivery walk through, training and operational information transfer (Sale of Business)
Franchise parent available for full training, ongoing support and assistance for the life the franchise business (Franchise Business);Existing FT and PT staff can be retained and will work for new owner.;High potential to expand corporate and commercial accounts
Listing Info
ID
2391105
Listing Views
313
Attached DocumentsAttachment Disclaimer

Philly_Pretzel_Unit_B_4_3.pdf


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Business Listed by: Mark Mueller CRE Resources, LLC

Listing ID: 2391105 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.