Listing Number: 9525-149757
Profitable Pretzel Franchise for Sale in a fast-growing and very affluent part of the Richmond metro mall !
- $149,000 Seller's Discretionary Earnings in 2021, and major upside potential!
This well-known franchise, open since 2001, has a great location in a busy shopping mall right off the major thoroughfare through the area. And the easy and ample parking, so crucial in the Richmond area, makes this a great place to run in and grab a quick bite! The franchise itself is known for its excellence -, which keeps customers coming repeatedly. Someone well positioned this in a marketplace known for its affluence and disposable income. Rent is $12,500 NNN.
This franchise has a thorough training program, getting new owners ready to run the store from day one!
Building out a new store takes a lot of money, and also a lot of time. Permitting and getting the all-powerful Certificate of Occupancy can be long and fraught with endeavors that often take many, many months. By buying this shop, you eliminate that entire ordeal. This lets you concentrate on running the store, not on agonizing about when it will finally be ready to open.
Perfect for an Owner Operator to get their foot in the door with a solid franchise. This is priced to sell! In fact, this proven-income store is priced at less than the cost of opening a new franchise location from scratch. You also get great training, proven sales, and a profitable restaurant from day one. With predictable sales with a strong potential for more, this location is ready for your talents as a new owner / Operator!
- Price: $225,000
- Down Payment: $225,000
- Sellers Discretionary Earnings: $127,000
- Total Sales: $570,639
- Location: Virginia
- Inventory: $0
- FF&E: $55,000
- Employees: 4
- Reason for Selling: Other interests
- Category: Food Business Retail