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Business for Sale Summary

Fast Food Franchise For Sale in Essex County - 33114

Business Type: delicatessen/catering services,restaurant/ cafes/ diners,fast food franchise
Fast Food Franchise For Sale in Essex County
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This business has received 143 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $70,000 Down Payment $70,000
Gross Revenues $395,400 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$70,000 Down and

Business Description

This is one of the best business investments available! This store has been one of the top grossing businesses in the franchise. Now available for a "steal" at this price! Make money day 1 and make back your investment in under a year! Revenue for 2021 is higher than ever! This is an opportunity to get into business for yourself, but not by yourself as you have the national marketing of a major franchise! Get ready to make $ in 2021! Profitable national franchise store located on busy street in strip mall with a major grocery chain, and plenty of parking. Also 3 new condo developments being built in the area. Owned for 15 years! Does some catering. but this could be expanded. Revenue has increased $40,000 over past year! This has been due to improvements made in major road by store and using delivery services like Uber Eats, Door Dash and Grub Hub. This additional delivery service has increased revenue by 10% alone especially with a major university nearby. Open 8 AM - 10 PM, except Sunday closes at 9. 1/3 of store is sub leased for $1450 p/m to a business that brings in substantial foot traffic. This also reduces the rent to $2050 p/m. Have recently replaced the refrigerated display case and compressor for freezer. Landlord is willing to provide long term lease. Seller must sell due to health reasons - time is running out - don't miss this deal where you will make back your money in 1 year. The franchise has also significantly increased advertising which is generating more sales!

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.

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.