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Middlesex Texas Wiener

Middlesex Co., New Jersey

Asking Price: Gross: Cash Flow:
$192,000 $390,000 $95,584

Furniture and Fixtures Value:
$75,000 (included in the asking price)

Inventory Value:
$8,000 ( not included in the asking price)

Business Summary:
Above figures are low projections for first 12 months of operation – new figures would surpass 425,000 for next year of operation – business growing each week. Front of store facing the street in mini strip mall. Located in highly commercial/industrial area never a slow moment. Does over 450 patrons a day plus 20% delivery and outside catering. Average catering job is $650 – very heavy breakfast and lunch. Very popular with local city workers, firemen, police, teachers, and various local plant employees for DHL and Red Roof Inn etc. Easy menu featuring good mixture for breakfast – sandwiches, wraps and meals for lunch and delivery. Area is very active with great and many new industries moving into area. Adding cigarettes. Lottery would help to increase growing volume.

 
   
   
Year Business was Established: 2007
   
Number of Employees: 6  
   
Facilities / Terms of Lease: 1,800 sq. ft facility with brand new furnishings and equipment 15 year max pensive lease, mall parking.  
   
Potential Growth/Expansion: Opening on Sundays – more advertising and staying open till 6:00pm would all draw new and more customers.  
   
Competition: Only competition is no competition. A subway in nearby mall. This type of facility is draining business from local diners.  
   
Owner willing to finance: Owner will accept 32,000 in financing at current rate of plus 2%.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Owner has built and sold several wiener locations.  
 

 

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