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Noodle Joint Venture Opportunity
Location: United States -> New Jersey
Industry: Food and Beverage > Other Food and Beverage




Business Summary

The Corporate Executive Chef is looking to open noodle shops in other states in the US, outside of NY and NJ and in countries outside of the US, like Philippines, Thailand, Colombia, Kenya and others and is looking for investment partners. The Chef opened a prototype noodle shop NJ in June, 2013. Two more shops were opened, in NY in October, 2013 and another in NJ last March.

This firmms theme is to serve Thai and Asian noodle and rice dishes that are healthy, delicious and authentic Thai and Asian and serve the food in a fine dining setting but waiting is 5 mins or less. The Chef and his crew has been developing more menu items, streamline kitchen and cooking procedures as well training chefs, cooks and staff who can work at a moments notice once another shop is established. As of date, this firm is looking to put up more stores, in NJ and in NY. In the next few weeks, This firm will have its own kitchen. With the kitchen, prepping food will be standardized to ensure its quality. Corporate will also explore ways of producing its own raw food ingredients - noodles, rice, sauces, meat products which will be organic as well as other supplies - chopsticks, paper and plastic products.

The businesss expansion strategy is to seek investors who want to own a noodle store based on a joint venture agreement, in the USA or outside of the USA.

This firm is currently looking to offer 2 investment location opportunities in New Jersey. The first location is in Jersey City. The second location is in Elizabeth.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $292,800
Cash Flow:   $79,568
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $63,615
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Training will be provided
Reason For Selling:  Joint venture investment opportunity




Print Listing Id: 700222511


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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