Business Summary:
Well est. and well known franchise restaurant located in a free standing building adjacent to strip mall in Somerset County. Surrounded with an abundant of homes in area. High sales. Seating 180. Long lease. Needs an experienced owner/operator to be hands on. Remodeling will be completed by 8/11. Qualification: buyer must be approved by seller attorney. Net worth 1,5M with 500k liquid. Training provided by franchise and on site. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.
|
|
|
|
|
Year
Business was Established: 1991 |
|
|
Number of Employees:
30 |
|
|
|
Facilities / Terms of Lease:
Approximately 4,900 sq. ft. free standing building w/ lot. Good condition, no modeling will be completed by August 2011. 10 years lease and 10 years option |
|
|
|
Owner
willing to finance:
Balance $250k payable in 30 years payout balloon in 3 years |
|
|
|
Owner
willing to train:
Franchise H.Q. and site |
|
|
|
Reason for selling:
Has other business interests |
|
|
|
Seller Reference Number: 4420jh
BusinessMart.com Listing Number: 99613 |
|
|
To request more information
on this business
please fill out the form shown right
|