1. Home
  2. Businesses for Sale
  3. New Jersey
  4. Fast Food Franchise
This Business has been Sold!
Closing Date: 07/22/2011
Business for Sale Summary

Fast Food Drive In - 18967

Business Type: fast food franchise,ice cream parlour/frozen yogurt stores,other eating & drinking places,restaurant/ cafes/ diners
Sold
Fast Food Drive In
On July 22nd 2011, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $50,000 Down Payment $50,000
Gross Revenues $216,000 Lease Remaining Register Free to View
Owner’s Cash Flow $29,415 Number of FT Employees Register Free to View

Financing

$50,000 Down and

Business Description

Nineteen fifties fast food drive-in located on a major highway with great visibility. New owner could change the concept or expand on an already proven model. Owners have additional locations which limit their ability to concentrate their efforts to this location. The $2700 rent per month for a location such as this is unheard of and there is 3year left on the lease with two five year options. If you are looking to get into business with a low start up cost and location is a key factor the search is over.

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.