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ID:07626 High Revenue Chain of two restaurants, FOR SALE by founders.

Bergen County, NJ

Seller Financing Available

FRESH COMFORT RESTAURANT
Asking Price:$1,995,000
Gross Revenue:$4,000,000
Rent:$15,642/Month
FF&E:$800,000
Cash Flow:$871,000
Inventory:$45,000
EBITDA:$717,000
Established Year:2010
Listing ID: 2314291Listing provided by BizBuySell
BUSINESS DESCRIPTION

ID:07626 Bergen County, Well Established! Two restaurants, Very Busy Locations.

ID:07626 Two Established Original Restaurants, in Business for over a decade. Yearly Revenue $4,000,000. A very strong clientele, fresh comfort cooking with Decadent original menu recipes. This brand has achieve many Culinary accolades since 2016, voted Best of Bergen, Health and Life Readers Choice winner. The concept has potential to be franchised out to others. Locations are in sough after affluent towns with long leases. Offering $1,995,000

ATTACHED DOCUMENTS
Qualified Buyer NDA.pdf Download
DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
01/09/2035
Employees
50
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two Restaurants, included in the sale, all intellectual property, the brand, menu and recipes, FF&E, business, good will, reputation, awards, two long leases, loyal clientele, websites, Social media accounts, and all advertising art work, list of suppliers. These are two well established restaurants, Profitable on day one. Offering $1,995,000
Competition
Bergen County NJ. It is the Most Populous county in the state. Vibrant locations with demand for comfort food.
Growth & Expansion
GROWTH: Franchise the name and concept to others at a Lucrative franchise fee. Expand the hour of operations from 65 weekly to 100.
Financing
To qualify Buyer. NDA in place, POF in place
Support & Training
A few months in necessary, owner is retiring and willing to help with a smooth transition.
Reason for Selling
The family has been at helm of the restaurant business for 45 years. They are lo
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