IHOP Franchise Restaurant For Sale

Business description

An IHOP restaurant generating excellent income and located in a Prime area of central New Jersey. IHOP is a fifty year old franchise and one of America's favorite Restaurant chains, providing moderately priced, high quality food and beverages in a comfortable atmosphere. This particular franchise location is in a commercial mall with lots of drive by shoppers and an attractive community who frequent the restaurant. IHOP franchise offers full assistance to its franchisees. This particular franchise location enjoys a substantial income and the owner now wishes to relocate out of the area. Bank financing is available for a qualified purchaser. An immediate, Must See Location!

Property information

Real Estate:

Lease

Lease terms:

An existing lease expiring in 2021 is available for transfer with additional options for continuation. Large mall parking is also part of the lease agreement.

Location:

Restaurant facility is located in an attractive mall and consists of 5,500 square feet with an indoor seating capacity for 125 people.

Other information

Expansion potential:

With continued excellent service, the business will maintain further growth.

Competition / Market:

No other similar Franchise Restaurants exist in the general area.

Support & training:

Seller will provide a complete due diligence and review period. Subject to franchise approval. Franchise training and support is available.

Reasons for selling:

Relocating to Florida

Trading hours:

Sun-Thur 7:00am-10:00pm & Fri-Sat 7:00am-12:00am

Financing available:

Bank financing is available for a qualified purchaser.

Furniture / Fixtures value:

$225,000

Inventory / Stock value:

$5,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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