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- RE: Hoagie Shop With 35 Year History For Sale
- Contact: Richard Collins
Quick Facts
Asking Price: | $299,999 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 10 | |
BBN Listing #: | 182955492 | |
Broker Reference #: | 45783-240458 |
Business Overview:
This hoagie shop is a Philadelphia area institution. This store was opened in 1986 and has been owned by the current owner since 2008. He plans on retiring. Revenues over the past three years were between $800,000 to $860,000 with cash flow between $54,000 and $121,500.The business is known for its award-winning Hoagies and Cheese Steaks and in addition delicious salads, wings, fries, sides and assorted beverages are also available.
The store operates in a stand-alone building and offers eat-in, take-out and delivery service. The store has a seating capacity of 80 which is comprised of booths and counters.
The business's owner does not work in the store but does dedicate about 6 to 10 hours a week to the business .
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Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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