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PRICE DROP - Franchise Restaurant with Building

New Jersey

Asking Price: Gross: Cash Flow:
$2,000,000 $1,950,000 $340,000

Real Estate:
$800,000 (included in the asking price)

Business Summary:
This Franchise brand has everything most business owners look for in a solid opportunity; a concept that isn’t a passing fad, a fun environment, profitable food and beverage items, great systems, relatively easy to run PLUS THE BUILDING. This particular Franchise Resale opportunity has all the above and more since it’s a fully-built out restaurant with great reviews and doing nearly $2M in annual revenue. Moreover, this restaurant runs largely ABSENTEE and the ownership employs 3 Managers to operate the business. The business is in a very visible location near the Jersey Shore, in Ocean County, can accommodate over 250 guests and has ample parking. In order to facilitate a quick transaction, the ownership has lowered the price for the restaurant PLUS the building from $2.9M to ONLY $2M. Please note that the building is owned by the sellers, not the land, there is a long-term land lease in place. If you have been looking for a business opportunity that can give you nearly $340,000 in annual earnings, and own the building, then this one might be right for you. It would cost well over $2 Million to build one of these restaurants from scratch and a qualified candidate can now purchase this money-making business for only $2M. Qualified Candidates please ask for listing #14214 when inquiring about this opportunity.

 
   
   
Number of Employees: 18  
   
Owner willing to train: Yes  
 

 

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