Hoboken Sushi Franchise Near Train Station

Not Disclosed, NJ
Hudson County


Asking Price: Annual Revenue:
Not Disclosed $250,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Hoboken Sushi Franchise Near Train Station Broker: Ron Cervelli
Owner Financing is Available!
Seller financing available with $50,000 down payment 10 year term.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $67,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 2
BBN Listing #: 3863909
Broker Reference #: FF374

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Business Overview:

Casual fast food sushi style restaurant located near the Hoboken train station offering owner financing with only $50,000 down payment and priced based on the value of the assets and gross income. If you’re looking for something different, they offer tasty Hawaiian-inspired poke, and their savory house-made sauces deliver aloha in every bite. It is raw cubed fish that is traditionally served with condiments and seaweed. While the same cubed fish still serves as the base, this food offering has undergone a culinary explosion in the United States. They have incorporated some of the most popular trends in Hawaiian sushi and combined them with some innovations, to create some of the most delicious foods you will find in a fast-casual restaurant anywhere in the United States. Their sushi bar catering menu has everything their guests need to build their own poke bowls. If you’re not a fan of raw fish, you’ll find cooked seafood, non-seafood and vegan options on their menu. This business opportunity can be offered independently owned or as a franchise providing a wonderful opportunity for this new highly successful concept. The business transaction will offer an assignable commercial lease which expires 2024, plus additional options available, with a monthly rent of $3,400- and two-months’ rent security, cost per square foot approximately $29.20. The business has been valued / priced based on the build out cost and asset value, owner financing with $50,000 down payment, based on a ten-year payout. This is a wonderful business opportunity. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

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Property Features and Assets:

Each of the retail facilities consist of approximately 1,350 square feet on active commercial avenues and have an attractive and modern appearance.

Market Competition and Expansion:

To the best of our knowledge, no other new or similar competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business opportunity 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.

Reason for Selling:

The sale is due to the partner separation.

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.

Documents:

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