High-Volume Well-Established Friendly’s - Metuchen, NJ!
| Asking Price: | $199,000 |
| Gross Revenue: | $749,004 |
| Rent: | $9,923/Month |
| Cash Flow: | $112,152 |
| Inventory: | $10,000 |
| Established Year: | 1978 |
An iconic brand serving a mouthwatering classic American menu of signature entrees, burgers, sandwiches & hand-crafted, specialty ice cream for over 80 yrs. Plus, a recently launched menu with a dozen great new items from burgers to melts to pastas to salads along with new ice cream flavors.
Full service. Breakfast, lunch, dinner & dessert. Dine-in, takeout & 3rd party delivery. Also catering, make-your-own sundae kits & family meals. And a new loyalty program.
Plus, Friendly’s recently updated their POS system to Revel which has a lot more capabilities such as cloud based, digital, tablets for servers & more.
Friendly’s has been built around families & founded upon ice cream. A franchise dedicated to quality in all that they do. Every meal is freshly made offering delicious new dishes & classic comfort foods that can only be found at Friendly's. And to top it all off, they end every delicious meal with incredible homemade ice cream in unlimited shapes, sizes & flavors.
Their vision & mission is "to be the leading casual restaurant/ice cream shoppe & premium retail ice cream brand...known for operations excellence, great food, famous ice cream shoppe desserts, sparkling clean facilities, prompt friendly service & dedicated people...resulting in outstanding customer loyalty & consistent profitable growth.
And since the arrival of new ownership in Jan 2021 by BRIX Holdings LLC, a multi-brand restaurant management/franchising company, the brand has posted 2 consecutive years of positive same store sales. Plus, digital mix is up from 15% to 40%.
Well established location for over 46 years!
Prime retail space in a freestanding building on Middlesex Ave, a main thoroughfare lined with businesses and restaurants, plus surrounded by many homes.
Also, down the street from SportsPlex at Metuchen, Live Love Skate Academy, Vidas Park and a large shopping center anchored by a Whole Foods Market.
Perfectly situated just off the I-287 and Route 27 interchange!
Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.
Listed By Nicole Rayborn at EatZ & Associates
BUSINESS LOCATION
