NOT DISCLOSED, New Jersey
| Asking Price |
$350,000 |
Year Established |
2021 |
|
| Annual Revenue |
$885,639 |
Reason for Selling |
relocation |
|
| Annual P/L |
$0 |
Attention |
Elliott Dweck |
|
| Annual Cash Flow |
$120,463 |
Listing Number |
1017421 |
|
| # of Employees |
12 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Located next door to Panera Bread and Buffalo Wild Wings, this healthy fast casual franchise has been operating for 5 years with almost $1M in sales. The business has a front-of-house manager and kitchen manager, allowing the owner to be less involved in the day-to-day operation. Fresh produce gets delivered daily and franchise provides recipes, marketing, and online support. The volume of this location can easily be increased by doing more catering business and catering is easy to operate through EZCater.
They currently cater for The Jersey Shore Blueclaws, Monmouth University, and local hospitals. 20-year lease in place. Buildout cost was over 300k. Owner is relocating to North Carolina which is the reason for the sale (he’s opening up more of these franchise restaurants there, which shows you how much he believes in the business and would continue to expand in NJ if he didn’t have to move). Seller willing to finance 50% of the sale (which also shows you how much he believes in the success of the business without him there.)
Property Features and Assets:
Market Competition and Expansion:
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