NOT DISCLOSED, New Jersey
| Asking Price |
$112,000 |
Year Established |
1980 |
|
| Annual Revenue |
$315,653 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Theresa Josa |
|
| Annual Cash Flow |
$78,000 |
Listing Number |
614298 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
REDUCED!!!!! Profitable chicken wings restaurant located in the heart of Ocean County, New Jersey. This NJ staple was founded in 1980 and the current owner has been operating the business since 1990. The restaurant primarily serves chicken wings, seafood and ribs. The current owner has never done any delivery which creates a huge potential for new owners to grow sales significantly simply by offering delivery options. Owner has kept meticulous records of revenue by day for the last 33 years. The restaurant is in great condition and has been well-maintained throughout the years. The kitchen is spotless and in pristine condition. The restaurant has 6 PT employees. After decades of consistent growth, the owner is looking to retire and move out of state. Priced to sell!
Asset List 2 stack hoods, 1 walk in refrigerator, 1 walk-in freezer, 2 refrigerators, 1 side top freezer, 1 flip top freezer, 1 soda box, 4 sets of wiring shelving, 7 utility tables, 1 gas stove, 1 microwave, 1 television, 1 desk, 7 dining room tables, 25 dining room chairs, 3 gas deep fryers and much more.
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