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Located in Monmouth County, New Jersey, two franchised restaurants and an ice cream parlor that combine to form a food court are now available for purchase. These are well known fast food, franchises. This food court seats 42 and sits amidst a ten store strip center along a heavily trafficked road that runs through the county. The Seller has built a portfolio of real estate investment properties and no longer works the restaurant business. Sales peaked at $13,000 per week under his stewardship and have leveled off in the last few years at just under $10,000 per week in his absence. Profitable as is, an owner-operator can regain the lost sales and grow it from there. The fixed costs are covered at current levels and thus, every dollar increase will throw off sixty cents in profit. Expect to invest $50,000 to meet the modernization standards of one of the franchises. This is an ideal growth opportunity for the right buyer and should generate considerable interest and it will not last long.
The seller will train the new owner.
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