Quick Food- Semi Absentee!
Not Disclosed, NJ Essex County
Northern New Jersey
Seller's Contact Information
- RE: Quick Food- Semi Absentee!
- Contact: Daz Connell
Quick Facts
| Asking Price: | $599,000 | |
| Annual Revenue: | $2,502,914 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $278,260 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 122,550 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2009 | |
| Employees: | 22 | |
| BBN Listing #: | 50844955 | |
| Broker Reference #: | 3402-17494 |
Business Overview:
The business specializes in quick service fast-food. They have created a great niche in their territories catering to children and young adults with a proven menu.
2 profitable locations with management and staff in place. The business is trademarked and can be easily expanded. Act Now, these businesses don't come on the market often!
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Property Features and Assets:
2 quick service locations with full equipment and inventory. Long term leases in strip centers with great leases. Adequate parking and visibility. Assets = $146,550
Market Competition and Expansion:
The businesses are in the quick service food category so competition is well established from franchises and independent food locations. The industry is growing year-over-year and. post-covid, delivery sales have increased exponentially with fewer hours.  The business is run semi-absentee so a new operator can save expenses by running the businesses fulltime. The model is proven and new locations can be added with out a lot of effort. The business will continue to grow because fast food is going to remain the most popular food to purchase for consumers.
Reason for Selling:
Have already transitioned to another business.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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