Description of the business for sale
Seller is successfully operating an independent high quality, fast food outlet in a very busy shopping center in central Monmouth County.
The outlet has been in existing for 25+ years, and has a loyal customer base, drawing customers from a five mile radius. Deliveries make
up 50% of the business with up to seven drivers during the busy season.
The outlet has had a stable revenue base, with a Seller’s Discretionary Cash Flow of $160k. After debt service, a buyer will obtain an
owner benefit of $130,000 or a 67% return on the cash down payments of $200,000.
The outlet has a stable employee base of 12, with some employees having worked at the client’s premise for more than seven years.
After 20 years, the owner wishes to retire and is very motivated in making this an easy ownership transfer.
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Description of the facilities
Furniture, fixtures, and equipment = 25000
Furniture, fixtures, and equipment included: Y
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