Blimpie Franchise Business
Location: United States -> New Jersey -> Northern New Jersey
Industry: Food and Beverage > Other Food and Beverage
Businesses for sale Summary
A Blimpie Franchise Fast Food Restaurant is located in Northern New Jersey. The business consists of a well known, casual restaurant offering fast food service with quality ingredients. This rapid growing franchise is very popular for its submarines sandwiches and health conscious menu. The facility is in a high traffic mall with dozens of stores and lots of walk thru traffic. The store is ultra modern and very clean with all equipment in excellent working condition. This opportunity offers entry into a well known franchise with a reputation for success. Faciity consists of 2,000 square feet and is located in a modern mall with ample parking available. The facility has a seating capacity for 48 customers. An existing ten year lease is available to the new owner with additional options for continuation.
Financials
Asking Price Range: < $250K
Gross Revenues: $335,000
Cash Flow: $60,000
Cash Flow Type: EBITDA
Inventory: $175,000 equipment and $3,500 inventory.
Seller Financing: Yes
About The Business
Year Established: 1995
Number of Employees: 1 – 3
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide a full due diligence and transitional period.
Reason For Selling: Alternative business location out of the area.
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