Business Summary:
FRANCHISE OPPORTUNITY!! Newly-renovated Luncheonette off a main long thoroughfare going through several towns. Many great reviews on ezCater site! Free strip mall parking. Run semi-absentee so an owner-operator can take it to a much higher level. This one owner has another same franchise store & cannot devote the time to oversee this store. Two partners have other business interests. FURNITURE, FIXTURES, & EQUIPMENT of $50,000. Owners will split the $20,000 franchise fee with Buyer. Royalties & advertising make up 5% of gross sales. Solid franchise training & additional owner training to be provided. New qualified tenant can get a good long term lease situation like the owners have. Contact Seth Kain @ 201-317-4710 for additional details & showing.
|
|
|
| |
|
| Year
Business was Established: 1 |
| |
|
| Number of Employees:
5 F/T 6 P/T |
|
| |
|
| Facilities / Terms of Lease:
1,200 square feet. The place has a very modern feel to it with all the furniture, fixtures, and equipment in excellent condition. Owners re-assigned their lease with 4 ½ years left along with a (5) year option a little over a year ago. There’s plenty of strip mall parking available for customers. |
|
| |
|
| Potential
Growth/Expansion:
A new owner-operator can increase cash flow by running it full time. The present owner who works there runs it semi-absentee. He’s typically at the luncheonette only one day a week on average. Some additional advertising would help to boost gross sales. |
|
| |
|
| Competition:
There aren’t any very similar businesses within a few miles of this luncheonette. There are several deli’s, a couple of diners, a couple of bagel shops within a 3 mile radius. But, this business has a wide variety of items while also delivering and catering to area residents and businesses. |
|
| |
|
| Owner
willing to finance:
The owners would consider financing up to 20% of the total purchase price for a qualified Buyer. |
|
| |
|
| Owner
willing to train:
Franchisor offers training of a minimum of 2 weeks at their company-owned location. Owners will provide a minimum of 1 additional week at no cost to Buyer. |
|
| |
|
| Reason for selling:
3 partners have other business interests. The owner presently running it owns another franchise store a good 30 miles away. |
|
| |
|
Seller Reference Number: 6164SK
BusinessMart.com Listing Number: 224392 |
|
|
To request more information
on this business
please fill out the form shown right 
|
