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Posted: Tuesday, September 12, 2017 3:58 PM

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Franchised Restaurants For Sale

Business Description: Located in Monmouth County, New Jersey, two franchised restaurants and an ice cream parlor that combine to form a food court are now available for
purchase. These are well known fast food, franchises.
This food court seats 42 and sits amidst a ten store strip center along a heavily trafficked road that runs through the county.
The Seller has built a portfolio of real estate investment properties and no longer works the restaurant business.
Sales peaked at $13,000 per week under his stewardship and have leveled off in the last few years at just under $10,000 per week in his absence.
Profitable as is, an owner-operator can regain the lost sales and grow it from there.
The fixed costs are covered at current levels and thus, every dollar increase will throw off sixty cents in profit. Expect to invest $50,000 to meet the modernization standards of one of the franchises.
This is an ideal growth opportunity for the right buyer and should generate considerable interest and it will not last long.

Asking Price: $250,000.00

Gross Revenue: $480,000.00

Owner's Cash Flow: $115,000.00

Down Payment: $250,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

• Location: Central Jersey, Monmouth County

• Post ID: 44484327 centraljersey

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