PRICE DROP - Franchise Restaurant w/Building in NJ

Not Disclosed, NJ
Ocean County

Jersey Shore

Asking Price: Annual Revenue:
$2,000,000 $1,963,894

Food & Beverage: Restaurants, Fast Food, Deli

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RE: PRICE DROP - Franchise Restaurant w/Building in NJ Broker: Ken Stein

Quick Facts

Asking Price: $2,000,000
Annual Revenue: $1,963,894
Net Profit: Not Disclosed
Cash Flow: $381,649
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: $1,000,000
Year Established: Not Disclosed
Employees: 18
BBN Listing #: 4674701
Broker Reference #: 14214

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Business Overview:

This Franchise brand has everything most business owners look for in a solid opportunity; a concept that isn’t a passing fad, a fun environment, profitable food and beverage items, great systems, relatively easy to run PLUS THE BUILDING. This particular Franchise Resale opportunity has all the above and more since it’s a fully-built out restaurant with great reviews and doing nearly $2M in annual revenue. Moreover, this restaurant runs largely ABSENTEE and the ownership employs 3 Managers to operate the business. The business is in a very visible location near the Jersey Shore, in Ocean County, can accommodate over 250 guests and has ample parking. In order to facilitate a quick transaction, the ownership has lowered the price for the restaurant PLUS the building from $2.9M to ONLY $2M. Please note that the building is owned by the sellers, not the land, there is a long-term land lease in place. If you have been looking for a business opportunity that can give you nearly $340,000 in annual earnings, and own the building, then this one might be right for you. It would cost well over $2 Million to build one of these restaurants from scratch and a qualified candidate can now purchase this money-making business for only $2M. Qualified Candidates please ask for listing #14214 when inquiring about this opportunity.

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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 a franchise resale opportunity.

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