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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>   

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C-Store / Lotto & Blimpie Franchise

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $375000
Net Profit / Cash Flow  $80000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1985
Number of Employees  1 - 3
Inventory  $750,000 equipement only.
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The seller & franchise will supply training to the new operator.
Reason for Sale  The owner is relocating into a larger business out of the general area.
Description  Priced to sell profitable C-Store with Blimpie franchise located in a wonderful area of Union County, NJ. The business has a gross income of $375,000 a net Lotto income of $38,000 and a yearly net income of $86,000. Based on the asking price, required down payment and net income this business will supply a 40% return to the owner operator prior to debt service. The facility is in a modern active mall with private parking. The sale includes a long term lease at fair rental value. The business is located on an active county road in a commercial mall with a high volume of daily traffic and shoppers who use this popular food service. The business has existed for a number of years and is well known for its excellent service. The facility includes a commercial kitchen, large walk up counter, a full prep area and seating for 12 customers. The business is staffed with trained employees who will remain after the business transfer. The sale requires franchise approval and the owner will also supply a full review period for a qualified purchaser. The facility consists of 1,650 square feet with a full kitchen, large walk up counter and prep area, and all equipment is in excellent working condition. The facility is located on an active county road in a busy commercial mall of Union County, NJ. The general area has a great deal of workers and shoppers with a high degree of businesses who require these food services.
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