National Fast Food Franchise In Monmouth County For Sale

Business description

National fast food Franchise located in a high volume food court near the movie theatre of a major mall. Revenue increased 16% the last 4 months of 2011. Well maintained facility with $100,000 worth of equipment and fixtures included in the price. Needs a full time owner operator. Owner can only devote 12 hours on site per week. Ideal as a family owned business.

Revenue projected + 7.5% for 2012. Cash flow adjusted for full time owner operator. Owner will provide training up to 2 weeks to transition the buyer in addition to Franchise training. Seller financing available for qualified buyers.

Business is offered at $ $195,000 with a down payment of only $110,000 and owner will finance the $85,000 balance over three years. Transfer fee of $5,000 to be paid by buyer.

For more details call Paul Holveck at Executive Business Brokers.

Property information

Premises details:

1,200 sq. ft. facility with well maintained equipment. Unlimited parking, highly recognizable brand in high traffic area

Size in square feet:

1,200 sq. ft.

Business Operation

Reasons for selling:

Seller cannot devote fulltime to the business

Trading hours:

Mon-Sat 10am-9:30pm, Sun 11am-7pm

Employees:

1FT/5PT

Years established:

13 years

Other information

Support & training:

Seller will provide 2 weeks training in addition to franchise training

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing for qualified buyers, terms negotiable

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$9,000