|Location:||Jersey Shore, New Jersey|
|Purchase price:||$425,000 two locations|
Two very profitable Philly Pretzel Factory locations for sale at a GREAT price.
This is a new listing for two Philly Pretzel Factory franchise locations at the beautiful New Jersey Shore! This business offers fast “convenience food”. Currently, the owner of this franchise operates two locations, one situated in a high traffic shopping center in Somers Point, NJ. This is a traditional location that services not only walk-in traffic, but also caters to corporate meetings and events, school systems, parties, and government functions. The second store is located on the beautiful Ocean City boardwalk and is open seasonally. This family oriented boardwalk is extremely busy in the summer and everyone loves to munch on a freshly baked pretzel!
This business includes a protected territory, which means that no other franchisee can open within this region. There are plenty of great locations to expand within this territory, including an additional boardwalk store.
The current owner bought the franchise in 2011 and quickly made it profitable. After a long career as an entrepreneur running multiple small businesses, its time for retirement! The right buyer of this business can continue the upward trajectory by expanding the client base of the existing stores, and by adding additional locations.
About Philly Pretzel Factory
Philly Pretzel Factory is a franchise concept based in Philadelphia, which began as a single unit operation in 1998. The founders, Dan DiZio and Len Lehman, experienced phenomenal success, and customer traffic. From this foundation, they developed eight (8) additional, privately-owned units in Philadelphia and southern New Jersey. In 2004, they began franchising the concept, and today have one hundred twenty (120) franchise units (and counting) operating or under development. These stores are located in Pennsylvania, Delaware, New Jersey, New York, Maryland, Virginia and North Carolina.
Since the first franchise opened nearly 20 years ago, in-stores sales have continued to grow. In fact, 45% of franchise owners own multiple stores.
Each location offers fresh “hot outta the oven” pretzels and a few other products such as pretzel dogs, pretzel cheesesteaks, pepperoni melts, and cinnamon pretzel twists. They make it as easy as possible to run the system, so they keep the product line limited.
The company focuses on providing unmatched franchise support through their Franchise Support Managers who work with you to maintain operation efficiency and build sales through store visits and consistent communication.
“My wife enjoyed the product so much, that we bought the business. Seriously, we saw a very good opportunity to purchase a business that was not reaching its potential in sales. We negotiated the addition of the Boardwalk as part of our territory with corporate. That was a big deal. We are the only franchisee with that kind of super location and the ability to have multiple stores there as well. The business is easy to run! Looking to give your recent college grad a great high paying job? No resumes necessary!” Don Moiso, Franchisee
To find out more about this Philly Pretzel Factory location for sale please fill out the form below and submit.