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Price Reduced: High Cash Flow Fast Food Business

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$375,000 $1,180,000 $281,081

Furniture and Fixtures Value:
$40,000 (included in the asking price)

Inventory Value:
$3,000 (included in the asking price)

Business Summary:
Great opportunity to own a non franchised fast food business with a corner location that has tremendous pedestrian traffic throughout the day into the evening. The menu is broad, including burgers, subs, pizza, chicken wings and gyros, appealing to a wide variety of customers. It is fast paced with takeout the primary business and only has limited counter seating. It currently does not deliver and has no catering business which presents an opportunity for a new owner. Has an ATM. Comes with a full size basement twice the size of the main floor, which is used for storage and additional refrigeration. Given the constant walk in traffic, this location is a great opportunity for other fast food concepts. Owner will provide seller financing for qualified buyers and will assist in the transition for two weeks. The business is now offered at the reduced price of $375,000 with a down payment of $250,000 and the seller will finance the $125,000 balance over 3 years. For more details call Paul Holveck at Executive Business Brokers, 908-851-9040 x277.

 
   
   
Year Business was Established: 2010
   
Number of Employees: 3FT/5PT  
   
Owner willing to finance: Seller will provide some financing for qualified buyers, terms negotiable  
   
Owner willing to train: Seller will provide two weeks of training  
   
Reason for selling: Seller plans to purchase an upscale restaurant  
 

 

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