MergerPlace

Popular Halal Fast Food Restaurant

East Orange, New Jersey (Essex)


  • Asking Price: $99,000
  • Gross Income: $410,000
  • Cash Flow: $79,399
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $40,000
  • Listing ID: #211399
  • Established: 2011
  • Employees: 2 FT

Business Description

Busy and established fast food restaurant famous for their halal fried chicken and waffles. Located on a shopping strip, this business offers a wide variety of breakfast, lunch and dinner items - from pancakes, egg platters, burgers, subs, wraps, and salads, to fried chicken with sides of fries, coleslaw, mashed potatoes, biscuits, and BBQ ribs, hot wings, and seafood - this menu ensures their loyal clientele. Delivery also available. Large potential for growth.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Jersey
Metropolitan Area: East Orange
County: Essex

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $99,000
Gross Revenue: $410,000
Cash Flow: $79,399
FF&E: $40,000
Inventory: $5,000
Seller Financing Available: Yes

Property Information

Facilities:

1750 sq in a shopping strip on main avenue with own parking lot, business is 8 years old, equipment and furniture in very good condition, 3 years left on lease, option for 5 years

Growth & expansion opportunities:

Open on Tuesday, add more advertising, owner can give advice on how to increase business

Competition:

A couple, but each fast food restaurant has its own style and menu

Reason for selling:

Moving to another area

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Solomon Sasson

Executive Business Brokers