Restaurants

Verified

Popular Burger Franchise With Absentee Ownership

Hudson County, New Jersey
Popular Burger exterior
Asking Price
$150,000

Business Description

HS Listing ID-67312

Business Overview: Opportunity to acquire a well-known burgers franchise operating under absentee ownership. The current owner resides out of state and only visits once a week. A supervisor and experienced kitchen staff manager are in place, making this a turnkey operation for an investor seeking a low-touch business.

Financial Highlights:

Annual Payroll: $359,000 (approx. $28,000/month)

Rent: $900/month (favorable lease terms)

Net Profit: $25,000 annually

Asking Price: $150,000

Lease Terms:

5 years remaining on lease

Two (5-year) renewal options available

Long-term stability with affordable occupancy costs

Business Details:

Franchise: Small but growing burger franchise brand

Structure: Fully absentee ownership with supervisors in place

Staff: Strong kitchen team led by manager, ensuring smooth daily operations

Ownership: Does not depend on owner’s presence for success

Key Investment Considerations:

Turnkey, absentee-run operation

Established franchise with brand recognition

Favorable lease at just $900/month

Long-term growth potential with renewal options

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Ad#:2405181

Additional details: - Listing status: Active - Revenue: Not Disclosed - EBITDA: Not Disclosed - Cash flow: Not Disclosed - Reason for selling: Other business interests. - Real estate: Leased - Intermediary: Michael Steinberg · Hedgestone Business Advisors · 561-461-0695 - Source listing: https://www.bizbuysell.com/business-opportunity/popular-burger-franchise-with-absentee-ownership/2405181/

Franchise Location Hudson County, NJ

Training Provided

Yes.

Franchise System Information

About the Franchise Brand

Popular Burger — HS Listing ID-67312 Business Overview: Opportunity to acquire a well-known burgers franchise operating under absentee ownership. The current owner resides out of state and only visits once a week. A supervisor and experienced kitchen staff manager are in place, making this a tur...

Semi-absentee ownership available.

Training Provided

Yes.

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.