Fast Food Burger Franchise

Not Disclosed, NJ
Middlesex County


Asking Price: Annual Revenue:
$295,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fast Food Burger Franchise Broker: Ron Cervelli

Quick Facts

Asking Price: $295,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 8
BBN Listing #: 6993909
Broker Reference #: FF378

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Business Overview:

Fantastic opportunity to purchase this just built and fast-growing burger franchise located in Northern New Jersey with owner financing. Due to the owner’s difficulty with Visa approval he must return to his county and market this business. As a new operator it would require hundreds of thousands of dollars and months of time in order to obtain a positive cash flow. This business now has reached a level of profit for a new operator.Their international fast food franchising team paves the way for you to become a thriving business owner and they will help you customize your location, hire a small team, and generate wealth. If you are ready to build something you can be proud of, all you need is the will to succeed. Their international fast food franchising team paves the way for you to become a thriving business owner and they will assist you customize your location, hire a small team, and generate wealth. This franchise introduced it’s “always more than one” concept in California in 2016. To date, there are stores in 15 states and additional franchises are planned across the country and their projections show that they will be operating nearly 500 stores in the United States by the end of 2019. They are driven by the belief that quality, innovation, variety, consistency and customer care are critical fast-casual experience and understand that committed owners are the components of our gourmet key to our success. This fast food restaurant consist 8 part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, or a weekly base salary, the staff is unaware of the pending sale & fully expected to remain post-closing, and the monthly payroll expense is approximately $7,500. The business transaction will offer an assignable commercial lease which expires 2039, plus additional options available, with a monthly rent of $7,544.88 all in, cost per square foot is estimated at $46.00 and rent security of approximately $17,000. The 2019 projected yearly gross income represented by the seller/owner is $500,000 and the projected yearly net income will be approximately $100,000 based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. The business is six months new and the 2020 company’s gross income is expected to be $750,000 with a net yearly income of approximately $150,000 based on an onsite owner operator. Due to assorted reasons and possible seller discretionary income, a formal due diligence is recommended. The business has been valued / priced based on the seller’s representation of the net yearly income which includes the value of the specific business assets. The company has a full franchise training period to each of the franchisees and the company royalty fee is 6% of gross sales. This is a dependable safe business opportunity.

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Property Features and Assets:

The business is located in Northern New Jersey, Middlesex County, consisting of various affluent and highly populated communities with continued demand for this franchise food industry. The retail facility which consist of approximately 1,955 square feet is six months new and has an ultra-modern professional appearance. The business is in a newly built mid-size outdoor commercial mall with various other active businesses.

Market Competition and Expansion:

The business opportunity is six months new, can be further expanded by the new operator by improving the existing marketing plan and the required local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales. To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Moving out of Country.

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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