Business For Sale

Franchised Restaurants For Sale - 29678

Monmouth County, NJ
Monmouth County


Asking Price: Annual Revenue:
$250,000 $480,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Franchised Restaurants For Sale - 29678 Broker: Gerald Nimberg

Quick Facts

Asking Price: $250,000
Annual Revenue: $480,000
Net Profit: Not Disclosed
Cash Flow: $115,000
Total Debt: Not Disclosed
FF&E: $275,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 27604447
Broker Reference #: 29678

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Business Overview:

Located in Monmouth County, New Jersey, two franchised restaurants and an ice cream parlor that combine to form a food court are now available for purchase. These are well known fast food, franchises. This food court seats 42 and sits amidst a ten store strip center along a heavily trafficked road that runs through the county. The Seller has built a portfolio of real estate investment properties and no longer works the restaurant business. Sales peaked at $13,000 per week under his stewardship and have leveled off in the last few years at just under $10,000 per week in his absence. Profitable as is, an owner-operator can regain the lost sales and grow it from there. The fixed costs are covered at current levels and thus, every dollar increase will throw off sixty cents in profit. Expect to invest $50,000 to meet the modernization standards of one of the franchises. This is an ideal growth opportunity for the right buyer and should generate considerable interest and it will not last long.

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Reason for Selling:

Other interest

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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Disclaimer:

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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