Business Overview:
An excellent business opportunity to own Fourteen (14) franchise stores with $1.300,000 N.O.I. and total turn key operation. Over $9.5 million dollars in sales in 2010 with good past history, cash on cash return of 35-40%, with best trained staff in place including managers and general manager and very efficient cost controlled operation. This is an investor's dream.
All stores are located in Southern part of New Jersey. All but one location are situated within 10-30 minutes of each other. Every location is in an excellent market area. Unlike other franchises, they give approximately 5 miles exclusive territory.
Minimum qualifications are $1.5- 2.0 Millions in cash with working capital of $350,000 and personal financial statement of $3.0- $4,000,000 in assets and some food experience preferable. This fast food franchise offers a proven business model with a rich history in franchising over 8600 stores in operation in more than 50 markets. This franchise is a world leader in its field, over 54 Billion Dollars Global Retail Sales, powerful brand awareness, focused menu, leading technology (customers can order on line), excellent training and support, which makes this franchise the most desirable in the world.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.