Turn Key Bakeries | Boston’s High-Traffic Mall Pretzel Franchise
Peabody, Massachusetts, ID 284327
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Description
Two pretzel bakery franchise locations for sale in established regional malls in the Greater Boston area. Both units operate under the same franchise brand and are currently managed with absentee ownership.
Financials
- Combined annual revenue: approximately $1,354,015
- Combined Seller's Discretionary Earnings: approximately $217,062
- Inventory: approximately $15,000
- No seller financing available
Buyers should review each location separately to understand store-level sales, profitability, labor costs and mall occupancy expenses rather than relying only on combined results.
Business profile
- Franchise operation dating to 2013
- Two mall-based locations
- Quick-service pretzel and bakery concept
- Absentee ownership structure
- Existing staff and operating systems
- Leased retail premises
Locations
Both stores operate within established regional malls and benefit from customer traffic generated by surrounding retailers, entertainment uses and mall anchor tenants.
Buyers should independently review mall traffic, tenant mix, lease obligations and any upcoming redevelopment or occupancy changes at each property.
Franchise support
- Initial classroom training
- Food preparation and quality-control instruction
- Inventory management systems
- Labor and scheduling guidance
- Point-of-sale training
- Marketing resources
- Hands-on store training
- Ongoing business consulting and performance reviews
Continued operation under the current brand will be subject to franchisor approval and the applicable transfer requirements.
Owner involvement
The current owner lives out of state and is involved on an absentee basis.
A more active owner could review labor scheduling, food costs, inventory controls and local marketing to determine whether additional margin improvement is possible.
Growth
- Improve labor scheduling and cost controls
- Increase local mall marketing
- Develop catering or group orders where permitted
- Increase owner involvement
- Evaluate additional franchise locations
Reason for sale
The owner is selling because of other business interests and the difficulty of managing the locations from out of state.
Due diligence
Buyers should verify store-level financials, SDE adjustments, mall lease terms, percentage rent or CAM charges, employee compensation, inventory, franchise royalties, advertising fees, equipment ownership, required remodel obligations and transfer costs before closing.
Detailed financial information is available to qualified buyers after execution of a confidentiality agreement.
Details
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