Best Sub Shop in a Bustling Town!
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $299,000 |
$319,875 |
$32,059 |
Furniture and Fixtures Value:
$45,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Business Summary:
Very profitable "landmark" Deli in a high-traffic, safe area. It's been a deli in the same location for 46 years. There's only one competitor in the real immediate area. Though, the sub quality is much less. Great reviews on Yelp & Facebook. Plenty of free parking out back & on a side street as well. Owner's retiring prompting the sale. "All" Furniture, Fixtures & Equipment valued @ +/- $45,000 & Salable Inventory of $5,000 minimum are included in sale. Financials are more reflective of the 2017 tax return figures. A deal will be contingent upon a buyer getting a satisfactory lease thru landlord. Contact Seth @201-317-4710 for additional details & showing.
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| Year
Business was Established: 46 |
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| Number of Employees:
4PT |
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| Facilities / Terms of Lease:
900 square feet. All Furniture, Fixtures & Equipment are in good condition & are included in sale. Present owner has a month to month lease. A new tenant can try to negotiate a brand new satisfactory lease with the landlord. |
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| Potential
Growth/Expansion:
A new owner should strongly consider opening up until 2pm or 3pm on Sunday’s. It’d be a plus to deliver to a local merchants & area residents as well. Some advertising would help - offering discounts. |
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| Competition:
There are three chain subs in the same town & several others. They’re all at least (1) mile away. This sub shop has existed for 46 years due to its high quality, & isn’t a chain sub shop |
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| Owner
willing to finance:
Seller will finance at least 40% of a deal over at least (36) months for a qualified buyer |
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| Owner
willing to train:
Owner will provide (2) full weeks of training to a new business owner. |
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| Reason for selling:
Single owner plans to retire once business is sold |
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| REQUEST MORE INFO |
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