Owner Financing is Available!
Business Overview:
National IHOP Franchise Restaurant located in a prime area of
north-central-eastern section of New Jersey. IHOP's first
restaurant started in 1958 located in California. Since then it
has become known as one of America s favorite restaurants
with more than 1500 restaurants within all 50 states as of
2011. IHOP is known for providing reasonably priced, high
quality food and beverages in a comfortable family-style
atmosphere.
This franchise enjoys a very high markup due to its product menu representing a sizeable profit for the owner.
This specific franchise is located in an urban area with a large population and in a free standing facility with an adequate amount of private parking available. The franchise requires standard approval and provides an eight week training period. The opportunity offers entry into a well known franchise with a reputation for success.
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 business is located on a highly active county road in NJ. This restaurant is a free standing building located on a corner lot. This is a densely populated urban area with an ongoing demand for moderately priced food service. The facility consists of 4,500 square feet with a clean modern appearance designed specifically for this national franchise.
Market Competition and Expansion:
The franchise has a distance restriction and seller will supply a non compete agreement to the purchaser. With on site management and increased hours during the weekends the restaurant can be further improved and developed.
Reason for Selling:
Seller is relocating.
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 a franchise resale opportunity.
Resources: