REDUCED! $145,000 Saladworks for Sale!

Not Disclosed, NJ

Asking Price: Annual Revenue:
$145,000 $796,468

Food & Beverage: Restaurants, Fast Food, Deli

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RE: REDUCED! $145,000 Saladworks for Sale! Broker: Joe Chiarello

Quick Facts

Asking Price: $145,000
Annual Revenue: $796,468
Net Profit: Not Disclosed
Cash Flow: $112,000
Total Debt: Not Disclosed
FF&E: $145,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 12
BBN Listing #: 97674955
Broker Reference #: 3403-15428

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Business Overview:

REDUCED!! ONLY $145,000. Sales for 2021 are really close to what 2019 sales numbers were! Saladworks makes fresh salads in front of the customers and allows them to customize it to their liking. The salads can also be turned into a wrap.

They also sell beverages, sandwiches, panini’s, soups and now grain bowls. They are the only healthy eatery in the mall. The mall has one of the highest foot traffic in New Jersey.

The Mall in known for its food court and they we were the last tenant to move in 10 years ago and no one has left since, it is very rare for a restaurant to leave the food court. Most fast casual restaurants sales decline in the winter months, their strongest month is December due to the holiday shopping, 12% of revenue comes in December. They are the only mall in their county.

The neighboring county (Bergen) has a “Blue Law”. Retailers are not allowed to be open on Sundays. Which includes malls, so all 5 malls in that county are closed on Sundays which brings them all here on Sundays. They are all within 10-15 miles of this location.

Seller's family already moved to another state so he is motivated to sell.

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Property Features and Assets:

Assets= $240,000

Reason for Selling:

Relocating to Michigan.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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