Owner Financing is Available!
Business Overview:
An excellent opportunity to own a successful fast food chicken business in a wonderful area of Middlesex County, New Jersey. The facility is two years young with up to date modern equipment. The owner is presently absentee due to ownership of two other food businesses and cannot appropriately maintain this particular location. The sale includes various restaurant equipment which is two years young, including a commercial kitchen with all the accessories including refrigeration, freezers, POS system with an original cost of $95,000. The facility has a legal capacity for 33 customers consisting of 2,500 sq ft, on one main floor with no basement. Substantial municipal parking is nearby and convenient to its customers. The business is operational seven days per week with hours from 11:00 am to 10:00 pm. The business has a municipal food handler s license to serve food to the general public. The sale includes a 10 year
commercial year lease with a monthly rent of $2,400. The business has a full staff of experienced employees, unaware of the pending sale and expected to remain post closing. The sale includes a long term commercial lease with extensions at a modest cost. The business is active seven days per week and supply a large delivery service which represents 30% of the gross income. The owner has priced the business well below market value and will finance the sale to a qualified buyer. This is a solid opportunity with substantial growth potential.
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:
The facility consists of 2,400 sq. ft. with a clean modern appearance. The business has a seating capacity for thirty (30) customers, including a large walk up counter for fast convenient service. The business is located in an active commercial avenue of Middlesex County New Jersey on a busy avenue with numerous other retail and service businesses. The various communities have a large residential population which requires this food service including delivery service.
Market Competition and Expansion:
No other similar fast food chicken restaurant is in this particular area and the seller will supply a non compete agreement to the new operator. With on site ownership, an improved marketing plan the business can be further developed representing a greater net income.
Reason for Selling:
Owner is absentee with alternative company.
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.