MergerPlace

Profitable Restaurant Franchise

New Jersey (Hudson)


  • Asking Price: $299,000
  • Gross Income: $318,238
  • Cash Flow: $11,439
  • Real Estate: Not Disclosed
  • Inventory: $4,041
  • FF&E: $11,081
  • Listing ID: #218371
  • Established: Not Disclosed
  • Employees: 8

Business Description

This business is a health-conscious food cafe with a short order, quickly prepared menu. Located in a 1.2 Million Square foot Shopping Mall, the daily foot traffic is unparalleled. The mall attracts about 13 million shoppers annually. The main customer base comes from this foot traffic, as well as corporate workers who work in commercial space in the mall and surrounding areas.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Jersey
County: Hudson

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $299,000
Gross Revenue: $318,238
Cash Flow: $11,439
FF&E: $11,081
Inventory: $4,041
Seller Financing Available: No

Property Information

Facilities:

Real Estate not included. Approximately 1600 square feet of leased space on a 10 year lease. 9 years remaining on the lease. The space is located inside a city wide Shopping Mall consisting of 1.2 Million Square Feet.

Growth & expansion opportunities:

This business has only been in this space for 1 year. The revenues have steadily increased in time, and the "startup phase" has passed. The franchise system is a proven one, as there are now 18 locations nationwide.

Competition:

The health food industry has been on a steady growth trajectory in the last decade. As the market increases, so will its competition.

Reason for selling:

Owners are partners in parent company and play a role in expanding the franchise and brand to other markets, which is where the majority of their focus is. They also own another store which takes a good amount of their time. This location acted as one of a multiple "proof of concept" locations.

Support & Training:

Will train for 2 weeks @ no cost. Health license required and included. Management skills needed as well as operational skills.

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Business Listed By:

Phil Zanardi

Murphy Business Brokers