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Middlesex Texas Weiner

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$49,000 $208,000 $46,350

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Business Summary:
Easy business to learn and operate simple menu, big gross profits- New owner can increase profit immediately by replacing one of help. Presently absentee owner who is new and was robbed from day one from recommended help 2 employees being paid $700 each weekly. If last figures are projected onto future earnings new operator’s net cash flow would be close to $85,000. Business set in small strip center. Now projected figures are from past owner’s operation; ownership recently transferred. Easy to get customer base back as place is located in an area with over 25,000 jobs plus Rutgers. Present owner has nearby restaurant there; owner could see in and out traffic. Fixture replacement cost of $100,000. Menu easy to perform for any novice operator. Recent past owner was doing over $4,000- per week with in short period of time any new owner can achieve past figures. For further information please contact Vito Mastromonaco at 908-851-9040 Ext 285

 
   
   
Year Business was Established: 1988
   
Facilities / Terms of Lease: 900sq.ft of activity recently refurbished, mall parking, 20yr lease  
   
Potential Growth/Expansion: Delivery and coupons  
   
Competition: Plenty of opportunity for fast food restaurant in area  
   
Owner willing to finance: Owner willing to accept note of $25,000 terms negotiable  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Absentee owner can’t control internal theft  
 

 

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