Business Summary:
Easy business to learn and operate simple menu, big gross profits- New owner can increase profit immediately by replacing one of help. Presently absentee owner who is new and was robbed from day one from recommended help 2 employees being paid $700 each weekly. If last figures are projected onto future earnings new operator’s net cash flow would be close to $85,000. Business set in small strip center. Now projected figures are from past owner’s operation; ownership recently transferred. Easy to get customer base back as place is located in an area with over 25,000 jobs plus Rutgers. Present owner has nearby restaurant there; owner could see in and out traffic. Fixture replacement cost of $100,000. Menu easy to perform for any novice operator. Recent past owner was doing over $4,000- per week with in short period of time any new owner can achieve past figures. For further information please contact Vito Mastromonaco at 908-851-9040 Ext 285
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| Year
Business was Established: 1988 |
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| Facilities / Terms of Lease:
900sq.ft of activity recently refurbished, mall parking, 20yr lease |
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| Potential
Growth/Expansion:
Delivery and coupons |
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| Competition:
Plenty of opportunity for fast food restaurant in area |
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| Owner
willing to finance:
Owner willing to accept note of $25,000 terms negotiable |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Absentee owner can’t control internal theft |
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Seller Reference Number: 4298vm
BusinessMart.com Listing Number: 92132 |
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