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Sub Shop Established for Over 45 Years

Miami, Florida

Asking Price: Gross: Cash Flow:
$599,000 $219,438 $610,829

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Inventory Value:
$10,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
15% cash down buys you a Miami institution with an adjusted net profit of over $200,000. For the last 45 years this well-known Miami Sub Shop has served up some the best hot and cold sandwiches around, which generations of families have enjoyed and even made the almighty pilgrimage to consume. The complete asset package includes a grill with hood system, two freezers and ample kitchen prep and storage space. The location has good ingress and parking although this business tends to get extremely busy from 8AM to 3PM five days a week. The property owner is offering a new 5-year lease with options to qualified prospects. Due to excellent books and records this family operation has been prequalified for SBA lender financing in conjunction with the seller holding a short-term note. All prospects should have some like kind experience and good credit as per lender and seller requirements.This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Thomas Milana - (561) 702-6867. Please refer to listing #0101770280.

 
   
   
Year Business was Established: 1977
   
Number of Employees: 1 FT  
   
Facilities / Terms of Lease: Lease/Month: 2857 Square Footage: 850 Building Type: Strip Center Terms & Options: LL offering new 5-year  
   
Competition: Miles: 25 Years: 5  
   
Owner willing to finance: Loan/Seller- Amt: 29,950 Mos: 24 Rate: 8.00 Mo Pmt: 1,354.56  
   
Owner willing to train: Weeks Training: 2 Cost: $0  
   
Reason for selling: Retirement  
 

 

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