Listing Number: 45783-152780
Description
Well-known fast casual franchise located in busy mall. Established over 16 years ago. Fully staffed and ready for new ownership. 7 months YTD in 2024, sales have increased over 18% over prior YTD in 2023. Also, profits have increased substantially to $151K in just the first 7 months of this year. Annualized net profit is projected to be $258K for 2024. This is partially due to coming out of COVID and partially due to renovations and remodelling. Strongly positioned well for continued growth in sales and profitability, as there is adequate space in the location to include an additional sister franchise as well. Great opportunity for a new owner to take advantage of the extra space at this location. Seller will consider qualified buyer for SBA financing, if needed.
Listing Details
- Price: $525,000
- Down Payment: $525,000
- Sellers Discretionary Earnings: $104,012
- Total Sales: $927,262
- Location: Camden County, New Jersey
- Inventory: $0
- FF&E: $0
- Employees:
- Reason for Selling: Other Business Interests
- Category: Restaurants
