Business For Sale

Burger Franchise - Upscale Area

Not Disclosed, NJ
Camden County

Asking Price: Annual Revenue:
$150,000 $800,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Burger Franchise - Upscale Area Broker: Jack Benoff
Owner Financing is Available!
seller may provide up to 40% financing for a qualified buyer

Quick Facts

Asking Price: $150,000
Annual Revenue: $800,000
Net Profit: $70,000
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 10
BBN Listing #: 923829962
Broker Reference #: Not Disclosed

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Business Overview:

Are you looking for an easy to run restaurant? If so you have found it. This location is part of a national burger franchise(not 5 guys). The current owner purchased the location 2 years ago as an investor for a friend who would be the operating partner. The friend has since left and now the absentee owner wants to sell the location. Sales have been as high as 900k and are now at $600k. There is a full time manager in place as well as full staff. A working owner that would replace the manage should make $70k to $90K their first year. The location is in a great shopping center in an upscale area. There is plenty of seating inside as well as 30 seats outside. The seller will provide up to 40% financing to a qualified buyer.

A potential owner could also terminate the franchise agreement and convert the location to a new concept.

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Property Features and Assets:

Located in an end cap in a busy life style center. Space is over 2,900 sq. ft. plus outdoor seating. Seating for over 90 people inside and 30 outside. All equipment is in excellent condition. Full POS system in place.

Market Competition and Expansion:

Current owner is 100% absentee and lives over 50 miles away. He has not done any marketing or advertising to grow the business.

Reason for Selling:

Partnership issues

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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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