Great Franchise Opportunity In A Pleasant Town!
New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $139,900 |
$542,048 |
$82,092 |
Furniture and Fixtures Value:
$50,000 (included in the asking price)
Inventory Value:
$15,000 (included in the asking price)
Business Summary:
FRANCHISE OPPORTUNITY!! Newly-renovated Luncheonette off a main long thoroughfare going through several towns. Many great reviews on ezCater site! Free strip mall parking. Run semi-absentee so an owner-operator can take it to a much higher level. This one owner has another same franchise store & cannot devote the time to oversee this store. Two partners have other business interests. FURNITURE, FIXTURES, & EQUIPMENT of $50,000. Owners will split the $20,000 franchise fee with Buyer. Royalties & advertising make up 5% of gross sales. Solid franchise training & additional owner training to be provided. New qualified tenant can get a good long term lease situation like the owners have. Contact Seth Kain @ 201-317-4710 for additional details & showing.
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| Year
Business was Established: 1 |
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| Number of Employees:
5 F/T 6 P/T |
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| Facilities / Terms of Lease:
1,200 square feet. The place has a very modern feel to it with all the furniture, fixtures, and equipment in excellent condition. Owners re-assigned their lease with 4 ½ years left along with a (5) year option a little over a year ago. There’s plenty of strip mall parking available for customers. |
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| Potential
Growth/Expansion:
A new owner-operator can increase cash flow by running it full time. The present owner who works there runs it semi-absentee. He’s typically at the luncheonette only one day a week on average. Some additional advertising would help to boost gross sales. |
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| Competition:
There aren’t any very similar businesses within a few miles of this luncheonette. There are several deli’s, a couple of diners, a couple of bagel shops within a 3 mile radius. But, this business has a wide variety of items while also delivering and catering to area residents and businesses. |
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| Owner
willing to finance:
The owners would consider financing up to 20% of the total purchase price for a qualified Buyer. |
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| Owner
willing to train:
Franchisor offers training of a minimum of 2 weeks at their company-owned location. Owners will provide a minimum of 1 additional week at no cost to Buyer. |
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| Reason for selling:
3 partners have other business interests. The owner presently running it owns another franchise store a good 30 miles away. |
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| REQUEST MORE INFO |
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