National Fast Food Chain off Major Highway
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $60,000 |
$300,000 |
$64,385 |
Furniture and Fixtures Value:
$15,000 (included in the asking price)
Inventory Value:
$3,000 (included in the asking price)
Business Summary:
Beautifully renovated fast food operation off a major highway in a heavily-traveled, safe area. Owner has other business interests & is selling store & another Subway in Verona for same price offering a nice "package" deal. Franchise store has a high % of 4.5-5 star reviews online focusing on fresh & delicious food along with courteous and prompt service. SALES: Subs 70% Drinks 20%, Snacks 10%. Furniture, Fixtures, & Equipment valued at $15,000 included in sale. Set up for semi-absentee owner-operator with no owner wages in payroll. Landlord will offer a long term lease to qualified buyers. Owner is to split the $5,000 transfer fee with Buyer. Contact Seth Kain @ (201) 317-4710 for additional details and showing.
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| Year
Business was Established: 12 |
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| Number of Employees:
2FT, 2PT |
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| Facilities / Terms of Lease:
900 sq. ft.; “All” Furniture, Fixtures & Equipment are in very good condition as is the entire store. Plenty of free parking in a small lot near some other stores. Owner has roughly 2 ½ years left on his present lease with a 5 year option. |
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| Potential
Growth/Expansion:
A new owner would get plenty of advertising from the franchise, which he/she would pay for as part of their royalties. Some additional advertising to nearby schools and churches should increase sales and profits |
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| Competition:
There’s only one nearby pizzeria who sells cold subs so there’s minimal competition in area. |
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| Owner
willing to finance:
The Owner will consider financing up to 20% of a potential deal |
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| Owner
willing to train:
A minimum of 2 weeks of training at no cost to the buyer |
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| Reason for selling:
Owner has other business interests and cannot devote enough time to the business |
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| REQUEST MORE INFO |
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