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Blimpie & Ranch One Franchise
Location: United States -> New Jersey -> Passaic County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Combo sale of two highly successful franchises at one location with a gross income of $364,000 and a dependable and consistent net yearly income to the owner operator. This particular business has four employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $7,366.

The business is active seven days per week, with hours from 7:00 am to 9:00 pm. Blimpie is a respected brand among the quick-service fast food restaurants, renowned for offering only the highest quality products for more than four decades, people everywhere recognize the quality associated with the Blimpie sub sandwich franchise and are more likely to be repeat customers because of it. Ranch One is a healthy, delicious alternative to fast food.

This industry requires franchise approval to purchase and a transfer fee cost. The sale includes a certificate of occupancy and food license from the particular municipality and the required franchise approvals to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a consistent investment return to the owner operator prior to debt service.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $364,000
Cash Flow:   $66,082
Cash Flow Type:  EBITDA
Inventory:  $85,000
Seller Financing:  Yes

About The Business

Year Established:  2006
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  The owner will remain post-closing for a minimum of 30 days in order to supply an appropriate transitional period to the new operator. Also, if required the seller will supply additional training at a fair cost to the purchaser.
Reason For Selling:  The owner is retiring after many years of maintaining a successful operation.




Print Listing Id: 700279058
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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