Price: $325,000
Location: Union County, New Jersey
Industry: Fast Food
Listing ID: FF438
Highly popular fast food franchise donut shop that offers a popular variety of donuts well known in the industry. The company has yearly gross sales of $500,000 and a consistent net yearly income. This is a remarkably simple business to operate with no complicated cooking skills, other than a quick bake system. The company expects to have a profitable yearly gross income and an excellent return on investment. This national franchise company was founded in 2016 and continues to expand. This is a dependable safe business opportunity and based on the very moderate asking price, and projected yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Listing Details
Revenue: $499,998
Cash Flow: $85,000
FFE: $125,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Franchise?: Yes
Reason For Sale:
The purpose of this business transaction is due to the owner’s alternative business operation out of the area not as a competitor.
Training & Support:
Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to the purchaser. Also, the franchise is prepared to supply appropriate training.
Operation
Year Established: 2010
Days & Hours of Operation: Days Hours of operation, the restaurant is open seven days weekly, with hours from 7:00 am to 6:00 pm. Shorter hours for weekends.
Owner Hours Per Week: Part time
Employees: Regarding employees and payroll, this franchise fast food restaurant consist of seven Full and part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is unaware of the pending sale & fully expected to remain post-closing, and the monthly payroll expense is approximately $14,000.
Absentee Owner?: Yes
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 3,950
Square Footage: 1800
Facilities Information:
This successful retail facility, which consists of approximately 1,800 square feet, has a clean attractive appearance. The business is in a mid-size commercial mall with various other active retail businesses on a major state highway. This opportunity is in Northern New Jersey, Union County, which consists of various highly populated communities with continued demand for this food product.