- Advert ID: 670183
- (Seller ref: 161)
Original SoupMan Franchise Restaurant in Commercial Area For Sale
- Location:
-
- United States
- > North East
- > New Jersey
- > Essex County
- > Essex County
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Summary
- Asking price:
- $350,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $615,000
- Net profit:
- $100,000
- Franchise opportunity:
- Yes
- Years established:
- 1
- Employees:
- 3
Business description
An Original SoupMan Franchise Restaurant located in a major commercial area of Northern New Jersey. The Original SoupMan Franchise was founded in New York City in 1984 and has set a standard for delicious, mouthwatering soups with a wide menu of accompanying fast food items. This franchise is an innovative concept started by one original owner and today enjoys large popularity and rapid growth. This particular franchise location is absolutely in the best possible area to do business, near a train station and a large number of commercial businesses. This highly transited area has a huge demand for fast food services. The location is one year young and is operated on an absentee basis; due to the owners multiple businesses. The business produces yearly sales over $600,000 with a substantial net income. The seller is prepared to finance the sale and supply the necessary training to a qualified purchaser. This is an excellent opportunity which must be seen immediately!
Property information
- Real Estate:
- Lease
- Lease terms:
- An existing lease expiring in 2016 with an additional 5 year option is available for transfer.
- Location:
- Restaurant facility is 1,100 square feet with an indoor seating capacity for 22 people and additional outdoor seating for 15 customers. Lots of Municipal and Street parking is available at this location.
Other information
- Expansion potential:
- With improved management and a delivery service this business can be further developed.
- Competition / Market:
- No similar competitors with this food menu exist in the particular area.
- Support & training:
- Seller will provide a complete review period. Subject to franchise approval.
- Reasons for selling:
- Absentee Owner involved in an alternative business.
- Trading hours:
- Seven Days 10:00am to 10:00pm
- Financing available:
- Owner financing is available for a qualified buyer.
- Furniture / Fixtures value:
- $175,000 (included in the asking price)
- Inventory / Stock value:
- $2,500 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- United States
- > North East
- > New Jersey
- > Essex County
- > Essex County
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