000 In Sales Evesham, NJ 08053
- Retail properties
- 1,600 SF
Current Use by Public Records
- Retail properties
Property Details for 000 In Sales
- Year built
- 2020
- Property size
- 1,600 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established Teriyaki Madness franchise, located in Marlton, New Jersey, presents a compelling investment opportunity. Boasting over $546,000 in annual sales since its 2020 opening, this 1,600 square foot restaurant is situated in a prime location within a bustling shopping plaza. The lease, currently at $6,500 per month (inclusive of CAMs, taxes, and insurance), expires September 25, 2025, with two five-year renewal options available. The fully equipped space includes a comprehensive array of commercial kitchen equipment, such as a hood, grease trap, hot food table, broiler, griddle, fryer, hot plates, multiple sinks, ample work tables, refrigeration units (including walk-in cooler and freezer), shelving, and seating for 30 guests. The business operates with a staff of nine employees and benefits from limited competition, offering significant potential for growth, particularly in catering. The asking price is $229,000, representing a strong return on investment given the current sales figures and operational efficiency. The seller is motivated by personal reasons and is offering one to two weeks of owner training to ensure a smooth transition. This turnkey operation provides immediate access to a profitable business within a thriving market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Evesham
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.8858
- Latitude
- 39.8523
