Seller's Contact Information
- RE: Fast Food Mexican Grill
- Contact: Customer Service
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $478,127 | |
| Net Profit: | $63 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 140,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 8 | |
| BBN Listing #: | 60443909 | |
| Broker Reference #: | FF435 |
Business Overview:
Absentee owner for this wonderful modern fast-food franchise which offers a delicious menu of Southwest Mexican favorites with a substantial market up to the bottom line. The owner is absentee, and this retail business has a full staff of experience employees. The business has a newer POS system that registered and identifies the gross sales including other details of sale. The business has no local advertising, no catering or delivery service. This restaurant opened 2014 and expects to have a further increase in gross sales during 2023. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The business fixed assets have an estimated value of approximately $125,000 which is based on replacement cost, representing equipment, licensing, etc. The accurate value of the assets will be calculated during the allocation period. This transaction consists of a fully equipped commercial retail fast food operation, which includes, required municipal & state licenses, web site, social media venues, full commercial kitchen, shelving, POS system, tables, computer, software including all the necessary equipment to maintain the daily business operation and a list of assets will be supplied to purchaser upon request.
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Property Features and Assets:
This business opportunity is in norther New Jersey, Somerset County near to various highways convenient to its many customers. This retail franchise business is located in an active commercial mall. The facility consists of approximately 2,963 square feet with a modern, attractive, and clean appearance.
Market Competition and Expansion:
Regarding competition, to the best of our knowledge, 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:
Absentee owner
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
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