Auntie Anne s Pretzel Franchise - 7826 Business Type: must sell/drastic price reduction!,fast food franchise
Acted as the Advisor to the Deal
![David Cohen](https://www.vestedbb.com/photos/admin_photo/big/100_17893232.jpg)
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $65,000 | Down Payment | $65,000 |
Gross Revenues | $312,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $81,400 | Number of FT Employees | Register Free to View |
Financing
$65,000 Down
Business Description
Auntie Anne's Pretzel franchise located in a thriving destination shopping mall. This shop is in it's fourth year of operation, the rent will remain steady for the next 2 years and there are options available. The rent includes the utilities, trash removal, and all common area expenses. The mall has been updated with stable anchors such as Macy's and Target and the cinema is being renovated. This is a great opportunity for an owner/operator to both improve revenues and profitability as it is currently run absentee. Any buyer would need to be approved by the company and spend two weeks training in PA, The key to this operation is the very low cost of goods for this product, it is simple, straight forward, and a high margin operation to run. This store is being offered at a reduced rate as the absentee owner is motivated to move on and it is a fantastic opportunity considering a buyer avoids the normal $30k franchise fee. The initial start-up and build out cost for a new franchise is estimated at $275k. GET IN NOW BEFORE THE BUSY 4th QUARTER ROLLS AROUND!
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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