ID : 35645
Veritas Business sales are delighted to offer for sale this outstanding Pretzel Franchise which is located in Coventry. The franchise originated from America back in 1988 and now boasts over 1,400 stores worldwide with over 30 sites within the UK. This particular unit in Coventry has been trading for 3 years and is reluctantly being offered for sale due to my client having to concentrate on other business interests. Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not have to be spent for some time. The business is operated by a team of 2 full time and 3 part time member of staff and has an annual turnover of circa £135,141 with a GP of £92,534 (68.47%). Auntie Annie’s serves a fine range of sweet & savoury pretzels, pretzel dogs, fresh lemonade, slush drinks, coffees and dips. All pretzels are hand rolled daily on site to order to ensure they are fresh and tasty. We believe that the business would thrive from having an owner operator rather than being heavily reliant on staff. The business enjoys a strong reputation within the local community and running clubs and beyond and as such has a high level of regular and repeat trade along with many new customers due to its prominent location. We consider this an ideal opportunity to purchase an established franchise business with further potential which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.