Business Summary:
LISTING ID # 35730This national sandwich franchise has been in the same location for 26 years! Drastic price reduction!. The seller will entertain any reasonable offer. Only open 5.5 days per week! This is an industrial park location. It is open M-F 10am-8pm, Saturday 10am-3pm and closed on Sunday. This a rare find for a food service franchise. The current owner is looking to retire after owning this store for the past 8 years. They see a very heavy lunch business from 11AM to 2PM. The store needs two employees during that period, and only one at other times. They offer no breakfast and limited catering. There is a huge upside right there. This should help sales grow, immediately. In the past year, gross sales were approx. $250,000.00, with a net income of approx. $57,000.00, for an owner/operator and 2 P/T employees. The current owner only goes in 3 hours per day, 4 days per week. There are 8 years left on the current lease, with only 3% annual increases. The rent is 3,400/mth. That rent includes taxes, CAM, garbage and water! We are seeking a serious and financially-qualified buyer with at least $98K in liquid funds to cover the asking price, plus $8K for the rent security. Ideal for a husband/wife or family to run together. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or [email protected]. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35730 for instant access to this business information.
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