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SELLER REPRESENTED BY AND BUSINESS OFFERED BY:

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NOTICE: This is a Confidential Franchised Business Sale - Potential Buyers and interested parties are required to sign an NDA agreement and complete a Business Buyer Questionnaire, prior to the release of additional Financial and Operational Information. Please do not contact the Owner or speak with the Employees at this business or facility, regarding this business sale. Please contact Business Broker for additional information and disclosures.

Non-Disclosure Agreement

Business Buyer Questionnaire

Business Purchase Letter of Intent

Commercial Lease Application

TABLE OF CONTENTS

Business Name: Philly Pretzel Factory of Ewing
Property Address: 1400 Parkway Avenue, B4, Ewing, NJ. 08628
NAICS/SIC/Category 722511 / 5812-08 / Restaurants, Fast Food
Business Sales Price $270,000
Ownership: Private - Mr. & Mrs. Twister, LLC (NJ)
Website: phillypretzelfactory.com
Social Media / FACEBOOK: **https://www.facebook.com/ppfewing**
Social Media / INSTAGRAM: **https://www.instagram.com/explore/locations/963279320/philly-pretzel-factory-ewing/**
Assets: Business Name, Franchise Rights, Raw Material Inventory, Intellectual Property, Furniture, Fixture, Equipment, Marketing Rights, Signage, Leasehold Improvements and Lease Rights
Lease Liabilities: Current 5 year Lease 9/1/2024 - 8/31/2029
Lease Term: New Lease, modified Gross Rent, 9/1/2024 - 8/31/2029 (Landlord charges NNN to all other tenants in center), Rent only increases annually based on on any increases in CAM from prior year.
Current Monthly Total Rent: $3,389.64 /month Gross Rent (through 7/31/2025)
Available sqft. 1,260
Operating Status: Existing open and operating business, Hours: Monday-Friday: 7:00 am - 6:00 pm / Saturday: 8:00 am - 6:00 pm / Sunday 10:00 am - 4:00 pm
Opened for Business: 2007 / Purchased by new owners in 2017
Market (MSA): Trenton, NJ
SubMarket: Mercer County
Trade Area: Ewing/Lawrenceville/Hopewell/West TrentonPrinceton
Center/ Neighborhood: Serenity Pointe SC (Marrazzo’s Market - anchor)/ Serenity Plaza (West Trenton/Parkway Avenue) A small, neighborhood, grocery store (Marrazzos Marketplace (IGA)) anchored strip center (co-tenants include 2 restaurants, dry cleaner, bar & grill, pharmacy, 2 take-out restaurants, dollar store)
Available: Immediately
CONTACT: Mark Mueller
INTERMEDIARY: CRE Resources, LLC
PHONE: 856.745.9706
EMAIL: [email protected]
OM Link: **https://creresources.notion.site/om-philly-pretzel-factory-ewing**

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 2017 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 Ewing, Lawrenceville, Princeton, Trenton, and Hopewell and benefits from numerous corporate and public event and entertainment concession business. 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 8 years.

Corporate Franchise Website: https://phillypretzelfactory.com

KEY OBSERVATIONS

  1. Owner is retiring from this business and pursuing other business opportunities
  2. Contract with Met Stadium for private concessions in private.
  3. Top 1/3 of the locations average $678K per year in sales and 27% of the franchise owners own multiple locations.