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Accommodation & Food Services

Popular Burger Franchise With Absentee Ownership

Hudson County, NJ, USA
Listed 145 days ago

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

Lease Terms

5 years remaining on lease

Real Estate

Lease

Leasehold Rent

$10,800 per annum

Support & Training

Yes.

Reason for Selling

Other business interests.

Financials

Asking Price
$150K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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