You can own Chock Full O’ Nuts!

2/17/2011:

Did you know that Hoboken’s Chock Full O’ Nuts is for sale? The cost for the franchise, plus all the equipment inside is around $475,000. You can contact Gerry Pelissier from WestStar Business Brokers at 508-681-9804 if you’re interested…

Chock Full of Nuts: For Sale

A tremendous opportunity to step into a turnkey franchised coffee cafe located in the booming Hoboken market area and only a block from the Path. This concept has a strong brand name that drives traffic for breakfast and beverage sales all day long. Located on the ground floor corner location of two 500,000 sf office towers you have built in foot traffic throughout the day. This well designed 1,400 sq ft caf features a fresh baked on site bakery and fresh sliced deli sandwiches as well as an extensive gourmet coffee menu and proprietary smoothies. There is seating for approximately 24 customers and hosts two handicap accessible restrooms. Sale includes all equipment, inventory and franchise agreement.

Facilities: Over 1,400 sf with 18 ceilings, leased on a street corner of a 500,000 sf office tower located a block from the Path. Extensive build-out by seller. Abundant parking with over 300 public parking spaces adjacent. Fully equipped. Ten years left on lease and franchise agreement.

Competition: No immediate direct competition with thousands of office workers at your door step.

Growth/Expansion: Promote Lunch day part (possible co-brand partner)

Support/Training: Seller and franchisor will provide training and marketing direction.

Reason Selling: Poor Health forces Owner Operator to Sell.

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9 Comments on "You can own Chock Full O’ Nuts!"

mooshu
Member
mooshu

I’d love for this place to magically turn into a Chipotle.

homeworld
Member

+1[quote comment=”203519″]I’d love for this place to magically turn into a Chipotle.[/quote]

Alpuj
Member

Really? This town needs a Chipotle??
Between The Taco Truck, El Barrio Burritos, Qdoba, Flacoz Tacoz and even the (much bigger) mexican wraps at Mr. Wraps I think that mexican take-out is not an untapped market in Hoboken.[quote comment=”203534″]+1[/quote]

Hobie1
Member
Hobie1

Chipotle is a thousand times better than all of those places together![quote comment=”203539″]Really? This town needs a Chipotle??Between The Taco Truck, El Barrio Burritos, Qdoba, Flacoz Tacoz and even the (much bigger) mexican wraps at Mr. Wraps I think that mexican take-out is not an untapped market in Hoboken.[/quote]

mooshu
Member
mooshu

Nah, I don’t think Chipotle’s better than the Taco Truck.

Better than those other places mentioned, however? Sure. [quote comment=”203570″]Chipotle is a thousand times better than all of those places together!

[/quote]

camel2
Member
camel2

Franchise fees are just too stiff. Better to open an independent shop without the useless overhead. Maybe for a highway location the brand recognition helps, but not in Hoboken.

whewwhewwhew
Member

You would be Chock Full of “NUTS” to pay anywhere near this price.

“No immediate direct competition with thousands of office workers at your door step”
There is a Starbucks 2 Blocks away!

So for a mere $475,000 you get saddled with a longterm ridiculously expensive lease and a business that obviously cannot sustain itself.

Offer to take over the lease and nothing more. I never even heard of a Chock Full of Nuts franchise until this place popped up a few years ago. J Wiley has their own cafeteria so do not fall for the “ALL THE EMPLOYEES BUY 4 CUPS A DAY FROM US” claim

jonsie
Member
jonsie

Hope the prospective buyer observes this establishment for a few days and asks for a better price.

joey
Member
joey

Poor health forced the owner to sell? I’m sure the poor health was due to the headache and stress for the owner was due to not being able to meet his monthly bills. My friend owned this origional Chuck Full of Nuts when it first opened, he sold his 3 Dunkin Donuts shops in Northern Bergen County and decided to purchase this Chuck Full of Nuts franchise, he wasn’t able to meet his monthly expenses and sold it to this owner with a HUGE loss. If you are paying $475,000 for this franchise you must have some money to burn. The

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