Owner Financing is Available!
Business Overview:
A famous Chicken and Ribs fast food business located in a prime area of Bergen County, New Jersey. The business is on a major avenue and high traffic artery with a large volume of daily shoppers. This eatery offers a full restaurant menu with its famous Chicken, Ribs, Wraps, Burgers and sensational sandwiches. The facility is ultra modern and designed with a commercial kitchen and walk up counter for rapid customer service. The business is very popular and well known for its delicious, quality foods. The operation generates 30% of its sales from delivery orders. The business produces outstanding yearly gross sales of $495,000 with a consistent net income for the owner operator. The seller is relocating into an alternative business and has priced the business at fair market value. The seller will also train a qualified purchaser.
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.
Property Features and Assets:
Located in an upscale Northern New Jersey community and active commercial area of Bergen County. The facility consists of 1,600 square feet with a professional commercial kitchen, lots of storage and a private office. An existing 3 year lease is available with a three additional 3 year options. Current annual rent is approximately $29,448 plus real estate taxes and cam charges.
Market Competition and Expansion:
No similar Fast food chicken businesses are located in the general area. The business is in a metropolitan area with a wonderful central location for a high volume delivery service.With improved marketing and further deliveries into new areas, this business can be substantially developed.
Reason for Selling:
Seller is relocating into an alternative business
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.