Description Franchise Dairy Queen / Orange Julius located in a busy, 100% occupied outdoor strip mall in a prime area of Central New Jersey. These Franchise Businesses are internationally successful for over 70 years and continue to grow day by day. This location of Dairy Queen / Orange Julius has an ultra-modern decor and features its traditional ice cream and smoothies as well as a full fast food menu. Additionally, this location was approved to carry the full line of Iron Grilled Sandwiches, making this location a unique one, which allows for the business to operate year round.
The present owner is relocating and has priced the business at fair market value. Franchise approval is required; training and assistance is available for a new operator. Seller financing is also available for a qualified purchaser. This is an excellent opportunity to own two great franchises for one price!
The build out cost for the facility was $170,000, the equipment value is $155,000 and the franchise cost was $25,000. The sale includes a commercial kitchen, various types of Ice Cream servers, numerous freezers, Displays, computer & phone POS systems, etc. Mall private parking is part of the lease agreement. This particular business has four employees who are unaware of the pending sale and fully expected to remain post closing. The business is active all year, seven days per week 10:00 am to 9:00 pm. The business has a valuable Franchise agreement and a municipal food handler's license.
An existing lease expiring in 2018 and with additional options for continuation is available for transfer. Current monthly rent payments are approximately $7,300 including real estate taxes & cam charges. Rent security is $6,401. Based on the asking price, required down payment and net income this business should supply a 35% return to the owner operator prior to debt service. Photo may not represent the particular business. Photo may not represent the particular business.