Established Philly Pretzel Factory business, high traffic shopping cnt

Ewing, NJ
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Asking Price:$290,000
Gross Revenue:$497,781
Rent:$3,290/Month
FF&E:$94,650
Cash Flow:$106,364
Inventory:$3,250
EBITDA:$72,010
Established Year:2007
BUSINESS DESCRIPTION

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 2007 and 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 Princeton, Trenton, Ewing, Lawrenceville and Hopewell and benefits from numerous local corporate cafeterias, special corporate and public and private special events and entertainment concession business (including MetLife Stadium Suites Catering). With multiple streams of revenue including walk-in business in a very busy, grocery store anchored shopping center; catering to local schools, festivals and and sports events; corporate office gatherings and local family and social events. Philly Pretzel Factory has been go-to snack and party platter menu option for over 25 years and this location and business have been serving the local community for 17 years.


DETAILED INFORMATION
Location
Ewing, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,260
Lease Expiration
31/08/2029
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Inline retail store in grocery store anchored center on Parkway Avenue, Ewing, NJ which is the second busiest retail corridor in Ewing, NJ. The shopping center is adjacent to the Ewing Town Center project, once fully completed, will include 1,182 residential units. This large-scale mixed-use development is being built in five phases and will also feature 110,000 square feet of retail and office space. Additional multi and single family developments and airport expansion will rapidly grow the potential customer base for this business in 2025.
Competition
Strong market conditions with a high demand index for fast food and fast casual restaurants. Trading area includes upscale Princeton, Lawrenceville, Hopewell, Ewing and the greater Trenton market. The location is very regionally accessible to the regional Trenton Airport and services a large commuting population from eastern Bucks County, PA.
Growth & Expansion
The franchise continues to rank among the top 50 franchise chains in the US and commands a considerable market share in the snack, fast food and pretzel/hot dog category. Professionally administered franchises chain insure high quality ingredients, customer service consistency and high recognized branding and operating standards.
Support & Training
There is on-going franchise support and training. Owners are willing remain with new buyer for up to 1 month to orient and coach the new operator in the business.
Reason for Selling
Owners are exploring alternate business ventures.
Franchise
This business is an established franchise

BUSINESS LOCATION
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Mark
Mueller
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Mark Mueller