Fast Food Franchise for Sale in Northern NJ

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PRICE REDUCED - Profitable Fast Food Franchise
Asking Price:
$199,000

Gross Revenue:
$824,000
Cash Flow:
$91,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$500,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

An opportunity to purchase highly PROFITABLE fast food franchise with an excellent location in a very busy and desirable strip center in Northern New Jersey. This state-of-the-art franchise store has been in place since 2008 and is for sale because the seller is unable to continue to operate it due to health reasons. There is a long lease term in place and 9 years remain on the franchise term. They have LOW overhead as the Rent, Real Estate Taxes, CAM are ONLY 6% of sales. The store is operated by a manger and a hands-on owner operator could reduce expenses, increase sales and make it even more profitable. This is smaller franchise and as such you have an opportunity to expand and build additional stores. This franchise is PRICED to sell at only $199,000. Chicken wing franchises are now among the hottest in the restaurant industry. If you are looking to enter the wing business this is the opportunity you been waiting for. Please refer to listing #13548 when inquiring about this opportunity.

About the Business

Location:
New Jersey
Year Established:
2008
Number of Employees:
17
Franchise:
Yes
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1629794
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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