Business For Sale

Noodle Joint Venture

North Central New Jersey, NJ


Asking Price: Annual Revenue:
$186,515 $292,800

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Noodle Joint Venture Broker: Frank Caroselli

Quick Facts

Asking Price: $186,515
Annual Revenue: $292,800
Net Profit: Not Disclosed
Cash Flow: $79,568
Total Debt: Not Disclosed
FF&E: $59,615
Real Estate: Not Disclosed
Year Established: 2013
Employees: 7
BBN Listing #: 796238732
Broker Reference #: LINDENJ001-N645

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Business Overview:

The Corporate Executive Chef is looking to open noodle shops in other states in the US, outside of NY and NJ and in countries outside of the US, like Philippines, Thailand, Colombia, Kenya and others and is looking for investment partners. The Chef opened a prototype noodle shop NJ in June, 2013. Two more shops were opened, in NY in October, 2013 and another in NJ last March. This firm’s theme is to serve Thai and Asian noodle and rice dishes that are healthy, delicious and authentic Thai and Asian and serve the food in a fine dining setting but waiting is 5 mins or less. The Chef and his crew has been developing more menu items, streamline kitchen and cooking procedures as well training chefs, cooks and staff who can work at a moments notice once another shop is established. As of date, this firm is looking to put up more stores, in NJ and in NY. In the next few weeks, This firm will have its own kitchen. With the kitchen, prepping food will be standardized to ensure its quality. Corporate will also explore ways of producing its own raw food ingredients - noodles, rice, sauces, meat products which will be organic as well as other supplies - chopsticks, paper and plastic products. The business’ expansion strategy is to seek investors who want to own a noodle store based on a joint venture agreement, in the USA or outside of the USA. This firm is currently looking to offer 2 investment location opportunities in New Jersey. The first location is in Jersey City. The second location is in Elizabeth. Jersey City (Journal Square): The location is by Journal Square (train and bus hub) along restaurant row of Newark Avenue in front of the court house and St Peters University, Hudson County College, DMV, Hudson County offices and court house. Commercial and residential buildings are within a 2 mile radius with lots of foot traffic; parking lots abound and street parking along JFK and side streets. Elizabeth: Located along Broad St restaurant row, by Court house and County and City offices, near train station, Trinitas Hospital and Kean University. Stores are within a 2 mile radius with a parking garage by corner and street parking along Broad and side streets with lots of foot traffic. A savvy buyer will be able to take advantage of this firm’s strong foundation of experience in serving healthy, delicious and authentic Thai and Asian food. The ideal buyer will be an individual or firm who has experience or interest in the food industry and wants to turn this interest into a successful business model.

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Reason for Selling:

Joint Venture Investment Opportunity

Additional Details:

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