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Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840
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| BUSINESS PROFILE |
Franchise Restaurant |
Location: Southwest New Jersey
Years Established: Opened 1/20/2011
Under Present Owner: 12 Months
Gross Sales: $600,000-- Projected 2011
Cash Flow: $165,000--Projected 2011
FF&E: $425,000
Inventory: $15,000
Number of Employees: 4 Full-time, 15 Part-time
Rent: $5,000/mo. including CAM
No rent until February 2012
Lease Expiration: 2015 plus options
Asking Price: $ 595,000
Reason for Selling: Other Business Demands
Recently refurbished 3000 sq. ft. upscale franchise restaurant in southwest New Jersey is available for immediate sale. It is located in a new upscale strip mall featuring Banana Republic, Anne Klein, T. Mobile, Jos A. Bank as well as other food establishments. The restaurant is open for lunch and dinner and features all natural Angus Beef, chicken, turkey and vegetable entries as well as wraps and salads in a fun atmosphere. All shakes and ice cream products are made with premium Edy’s ice cream. This franchise is expanding in New Jersey and many other states and caters to families seeking top quality healthy alternatives to fast food.
The business is growing rapidly and currently does about $41,000 per month in sales and is on track to achieve 2011 sales of $600,000.
This is a turnkey operation with immediate cash flow for the new owner.
Seller will train for an extended period after sale to insure a smooth and seamless transition. Buyer will also receive training and support from the Franchisor. Seller will finance $150,000 of asking price over 4 years for a qualified buyer. Call for more information.