Profitable, Fun, Established Franchise Restaurant

Ocean County, NJ

Profitable, Fun, Established Franchise Restaurant
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Asking Price: $1,200,000

Cash Flow: $381,649

Gross Revenue: $1,963,894

EBITDA: N/A

FF&E: $1,000,000

Inventory: N/A

Established: N/A

Profitable, Fun, Established Franchise Restaurant

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Business Description

Great reviews and close to $2M in Sales with Earnings of nearly $400,000

This Franchise brand has everything most business owners look for in a solid opportunity; a concept that isn’t a passing fad, a fun environment, profitable food and beverage items, great systems and relatively easy to run. This particular Franchise Resale opportunity has all the above and more since it’s a fully-built out restaurant with great reviews and doing nearly $2M in annual revenue. Moreover, this restaurant runs largely ABSENTEE and the ownership employs 3 Managers to operate the business. The business is in a very visible location near the Jersey Shore, in Ocean County, can accommodate over 250 guests and has ample parking. The ownership also owns the property and will offer a reasonable, long-term lease. The ownership is looking for the right candidate or group that can build on the strong results that they enjoy. If you have been looking for a business opportunity that can give you nearly $400,000 in annual earnings, then this one might be right for you. It would cost well over $1 Million to build one of these restaurants from scratch and a qualified candidate can purchase this money-making business for only $1.2M. Qualified Candidates please ask for listing #14214 when inquiring about this opportunity.

Detailed Information

Location:
Ocean County, NJ
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
Franchise:
This business is an established franchise
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Ken Stein

Business Listed By:
Ken Stein/Kensington Company

The Kensington Company

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