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Business for Sale Summary

Franchise Restaurant in Union County, NJ - 33311

Business Type: absentee business,fast food franchise,other eating & drinking places,restaurant/ cafes/ diners
Franchise Restaurant in Union County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $184,000 Down Payment $184,000
Gross Revenues $400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $58,000 Number of FT Employees Register Free to View

Financing

$184,000 Down and

Business Description

Impossible to find a lower entry cost, easier to run, lower cost per square foot operation and more profitable restaurant. This business is Ideal for expansion. Located in Union County, New Jersey, this limited menu franchised restaurant is 4th in the chain of stores now opened with others underway and more soon to follow. The restaurant features 100% natural, never frozen, steroid free chicken wings and sandwiches in 24 Flavors, 18 sauces and 6 dry rubs. This limited menu, low-cost, highly efficient 1100 sq. foot 26-seat restaurant has been open just 15 months and is already is profitable. Food service is available for dining-in, take-out or delivery and ordering is available online to speed the process. Catering service is also available. The owner, an investment banker by trade, runs the business absentee devoting his time instead to his career and chosen profession and he is most anxious to leave the retail business as fast as he entered it. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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.