Turnkey Pretzel Shop in High Traffic Area

Jersey City, NJ (Hudson County)

Seller Financing Available
Turnkey Pretzel Shop in High Traffic Area
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Asking Price: Get Financing: $75,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $2,400 /Month

Established: 2012

Turnkey Pretzel Shop in High Traffic Area

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Business Description

Start new or expand current business in booming Jersey City, NJ

This is a turnkey business on a busy main corridor in Journal Square. Right around the corner from the PATH station and the Journal Squared high rise (many more high rises to come). Close to DMV, Hudson County Community College, Courthouses, Banks, and many other businesses and offices.

The owner is joining the police academy and cannot live out his dream of being a police officer and run this business so he is selling. Looking for $120,000 for turn-key.

- Decent gross sales with strong delivery and catering orders
- Mature online ordering platforms setup (Seamless, GrubHub, Delivery.com, EZcater, etc).
- POS system included.
- Bakers Pride oven, soda fountain, pretzel display, and full kitchen included
- Well negotiated lease terms with many renew options.
- No commissions or fees.
- Over $100,000 of construction and equipment included.
- Certificate of Occupancy included.
- Owner and manager will stay around for 30 days after the sale to help train staff and new owners.
- Stellar reviews on Yelp and Seamless
- Many possibilities to grow the business!

This is much easier and less expensive than signing a lease, building out and getting a CO for your own business. Ready to go ASAP. Call or Email with any questions!

Thank You,

Yousuf

P.S. This business is prime to become very successful as the surrounding neighborhood develops. It just needs the right owner-operator to take it to the next level.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
11/6/2020
Employees:
3
Facilities:
Bakers Pride oven, soda fountain, pretzel display, and full kitchen included. Full list available after interest inquiry
Competition:
The business is one of a kind in the city. Strong delivery numbers prove its demand. Many possibilities to market the business in a city that encourages local business sales. The area is being developed with 1000s of units approved and will only increase market size.
Growth & Expansion:
Expansion possibilities include increasing profit margins and sales by introducing new menu items or "split the store" and offer a related American food option such as Philly Cheesesteaks which has high delivery and late night demand. Seamless and similar food delivery is very strong in this urban environment so it is possible to double the revenue with that option. Adding systems approach to the business can improve efficiency and increase profit margins. Another option is to start a new concept in this great location. There is much demand for a s
Financing:
Negotiable
Support & Training:
Owner and manager will stay around for 30 days after the sale to help train staff and new owners.
Reason for Selling:
The owner is joining the civil service and cannot do both at the same time.
Franchise:
This business is an established franchise
Business Website:
http://www.mypretzeljerseycity.com
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Business Listed By:
Yousuf Khan

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