Well Established & Well Known Franchise Restaurant
Somerset County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $650,000 |
$1,196,503 |
$192,144 |
Inventory Value:
$0 (included in the asking price)
Business Summary:
Well est. and well known franchise restaurant located in a free standing building adjacent to strip mall in Somerset County. Surrounded with an abundant of homes in area. High sales. Seating 180. Long lease. Needs an experienced owner/operator to be hands on. Remodeling will be completed by 8/11. Qualification: buyer must be approved by seller attorney. Net worth 1,5M with 500k liquid. Training provided by franchise and on site. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.
|
|
| |
|
| |
|
| Year
Business was Established: 1991 |
| |
|
| Number of Employees:
30 |
|
| |
|
| Facilities / Terms of Lease:
Approximately 4,900 sq. ft. free standing building w/ lot. Good condition, no modeling will be completed by August 2011. 10 years lease and 10 years option |
|
| |
|
| Owner
willing to finance:
Balance $250k payable in 30 years payout balloon in 3 years |
|
| |
|
| Owner
willing to train:
Franchise H.Q. and site |
|
| |
|
| Reason for selling:
Has other business interests |
|
|
|
| REQUEST MORE INFO |
 |
|
