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- RE: Jersey Mike's - Established Franchise
- Contact: Michael Floorman
- License #: 1160661
Quick Facts
Asking Price: | $900,000 | |
Annual Revenue: | $708,409 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $708,409 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | Not Disclosed | |
BBN Listing #: | 950816 | |
Broker Reference #: | SA11443 |
Business Overview:
It started back in 1956, in this actual storefront location, and was originally called Mike's Subs. Mike opened the small shop in the seaside town of Point Pleasant, New Jersey. You have to remember that in 1956, there were very few franchise restaurants or hamburger chains. No chain pizza, chicken, or taco restaurants, either. In 1956, proprietors of mom-and-pop businesses would open their stores in basic storefront locations like you see here. To survive and thrive, they had to offer exceptional quality products, coupled with unparalleled service. In 1956, Mike was unique in that the product he was offering was a relatively new item in American society – the submarine sandwich. SA11443
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Property Features and Assets:
Hours 10 am to 9 pm
Reason for Selling:
New business opportunityAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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