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Fast Food Franchise

Monmouth County, New Jersey

Asking Price: Gross: Cash Flow:
$495,000 $883,914 $36,256

Furniture and Fixtures Value:
$280,000 (included in the asking price)

Inventory Value:
$30,000 (included in the asking price)

Business Summary:
European style bakery-café offering an extensive, menu with a wide variety of traditional Italian/European meals, snacks and desserts for the morning, afternoon and evening. All menu items/baked goods available for takeout. Catering services also available. Located in a thriving shopping center in an upscale community, draws a broad mix of customers attracted by the high quality food, extended business hours and relaxed atmosphere. $300,000 in build out/equipment, with an extensive preparation area behind the counter, high ceilings, free Wi-Fi, TV’s, brick walls, wood floors and wall murals, all contributing to an eclectic environment. Has a loyal repeat business and tremendous upside once business climate turns. Owner is highly motivated to sell and all reasonable offers will be considered. For further information, please contact 908-851-9040 Ext. 277.

 
   
   
Year Business was Established: 2007
   
Number of Employees: 10-15 PT  
   
Facilities / Terms of Lease: 3,020 sq. ft. all fixtures and equipment bought new and in excellent condition; 2 ˝ years old. Parking lot with ample parking.  
   
Potential Growth/Expansion: Expand the catering business. Natural growth over time.  
   
Competition: Various casual restaurants in the market.  
   
Owner willing to finance: Prime + 1% repayment schedule negotiable  
   
Owner willing to train: 2 weeks to help in the transition  
   
Reason for selling: Time demands of the business are in conflict with the time needed to successfully manage the owners preexisting commercial real estate business  
 

 

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