Wetzel Pretzel Kiosk Champaign, IL - Market Place Shopping Center!

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In The Best Shopping Mall In The Area
Asking Price:
$99,000

Gross Revenue:
$277,197
Cash Flow:
$51,943
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Offering soft, chewy pretzels that are hand rolled, baked fresh and served hot from the oven. Popular menu items include their baked cheese pretzels, sinful cinnamon bitz, pizza bitz and famous dog bites. Plus, there's several dips to choose from along with fresh squeezed lemonade, frozen lemonade or granite, soda and bottle water.

Simple operation - simple menu, simple food prep and simple counter service. Turnkey. Your chance to be a part of a popular pretzel bakery chain renowned for its super-premium hand rolled soft pretzels.

Absentee owner operated.

Prime retail space in a kiosk in the best shopping mall in the area. Perfectly situated on level one near Macy's and the food court with Great Steak & Potato, Chick Shack/Campus Burger, Sarku Japan, Panda Express and Villa Italian Kitchen. Other popular eating & drinking establishments include Biggby Coffee, Mango Mango Creamery, Quencher Smoothies and more.

Market Place Shopping Center is a 1,044,984 sqft mall anchored by JCPenney, Dick's Sporting Goods and Macy's with an unmatched retail mix of 100 stores and restaurants. A family-friendly destination with more than 10 million customer visits annually!

Located approximately 2.5 hours from Chicago. Nicely positioned between Chicago, St. Louis and Indianapolis, easily accessible via Interstates 74 and 57. This busy shopping center offers local residents and the more than 40,000 students at the University of Illinois an outstanding destination for shopping, dining and entertainment.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not talk to any of the patrons or employees.

If interested, contact EatZ for more information. Showings by appointment only.

Listed By Tom Traina at EatZ & Associates

About the Business

Year Established:
2017
Number of Employees:
4
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
225
Rent:
$4,583.00 Per Month
Lease Expiration:
4/17/2027
Facilities:
Leased space $4,583/mth gross which also includes utilities (gas & electric). Current lease expires Apr 2027.

Square Feet: 225.

Seating: Food Court.

Days/Hrs of Operation: Mall Hours = Mo-Sa 10a-9p & Su 11a-6p.

Value Of FF&E: Included in Asking Price.
Website:
wetzels.com
Market Outlook/
Competition:
Super-premium pretzels hand crafted from fresh dough and baked in-store throughout the day. Everything is fresh using only the finest ingredients. Known for their delicious innovative and imaginative products. Bold, bright eye-catching kiosk. An established business model and franchise system that's been tested for over 20 years.

The #1 mall snack! The country's 2nd largest pretzel concept! World famous brand. Rated 1 of the top 50 Food Franchises in the world. Ranked in the Nation's Top 10 New Franchises - Nation's Restaurant News. Top 200 Franchise 2017 - Entrepreneur Magazine. #3 Fastest Growing Snack Concept - Franchise Times.
Growth & Expansion:
Founded in 1994. Currently operates 350 units in the United States and around the world with more opening. Has cultivated fans for more than 24 years. This brand is positioned for immediate and long-term growth thanks to operational simplicity, unit size flexibility and the corporate team's core focus on franchisee profitability. Just celebrated another banner year for the company!
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About the Sale

Reason For Selling:
Too far from home.
Training/Support:
10 days of classroom and in-store training.
Seller Financing:
No

Listing Info

ID:
1583336
Ad Detail Views:
0

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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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Source: Decennial Census (2010), United States Census Bureau.

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