Restaurants

Verified

Franchise Mexican Restaurant in Northern NJ

Bergen County, New Jersey
This business is an established exterior
Asking Price
$160,000
Cash Flow (SDE)
$40,000
Franchise Units
8

Business Description

Absentee Mexican QSR Franchise store for sale in Northen NJ. The store has been in business since 2022 and is being sold due to partnership issues. Long-term lease in a neighborhood shopping center with excellent visibility. The store operates absentee with 6 crew members.

Sales for the store are $550,000, well below franchise average of $938,000 however with the proper management team, an owner operator who is fully involved in the business should be able to increase sales and profits.

Restaurant experience is preferred but not required, however, you need to have strong business management experience, multi-unit retail or franchise experience. Please refer to listing number 16173 when inquiring about this opportunity.

Ad#:2520404

Additional details: - Listing status: Active - Revenue: $550,000 - EBITDA: Not Disclosed - Cash flow: $40,000 - Real estate: Leased - Franchise details: This business is an established franchise - Intermediary: Ken Stein/Kensington Company · The Kensington Company · 585-479-3993 - Source listing: https://www.bizbuysell.com/business-opportunity/franchise-mexican-restaurant-in-northern-nj/2520404/

Franchise Location Bergen County, NJ
Units 8

Franchise System Information

Number of Locations 8

About the Franchise Brand

This business is an established — Absentee Mexican QSR Franchise store for sale in Northen NJ. The store has been in business since 2022 and is being sold due to partnership issues. Long-term lease in a neighborhood shopping center with excellent visibility. The store operates absentee with 6 crew members. Sales...

Semi-absentee ownership available.

The information in this listing has been provided by the business seller or representative stated above. Verified Franchise Resales has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.