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FRANCHISE PRETZEL STORE W/ A CONVENEINCE SUB-STORE

Seller: Attn: David Hoffman & Associates Broker
Location: Confidential, NJ, USA
Listing Number: 22827951


Asking Price: $250,000 USD USA Dollars
Industry: Food & Beverage: Conv & Food Stores
Reason for Selling: Other business interests.
Year Established: 2005
Number of Employees: 7
Yearly Revenue: $300,000
Yearly Cash Flow: $85,000
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Current owner was retired and bought this for his son. An owner/operator could generate both a higher volume but also expand the merchandising of the store. This is a good opportunity and will not be on the market very long.


Property Features and Assets:

This three year old pretzel/convenience business is in a very desirable location. It is 1,600 square feet with a rent of $5,000 which includes the CAM and Real Estate Taxes. The current lease term runs to July 2010 and has (one), five-year option. Support/Training: Seller will train for two weeks.


Market Competition and Expansion:

Competition: The business is in a prime high traffic area and enjoys local, regional as well as tourist foot traffic. Growth and Expansion: The convenience side of the business offers much flexibility on merchandising that the current owner did not explore.


Additional Details:


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