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- RE: Low Competition Sub Shop W/Fun, Profitable Concept
- Contact: 'JT' Jim
Quick Facts
Asking Price: | $110,347 | |
Annual Revenue: | $345,459 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $26,264 | |
Total Debt: | Not Disclosed | |
FF&E: | $43,610 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 8 | |
BBN Listing #: | 810451471 | |
Broker Reference #: | 52661-819830 |
Business Overview:
Become a part of Asheville's die-hard local food scene overnight! This sandwich shop is located just 10 minutes from downtown Asheville in a booming area with a lot of new residential and commercial development. For buyers looking to enter the Asheville restaurant space, you will be hard-pressed to find a better deal!This sub shop has made its name by offering locally sourced artisan products whenever possible. From the day they opened, the focus has been on offering a superior quality ingredients and finished products while maintaining a fun, family-friendly atmosphere. There aren’t many businesses in that space, but Asheville locals have shown their love for the idea time and time again.
Prospective buyers have the option of continuing the current concept, or utilizing this great updated space to pivot to a concept of their own. Call today and ask for Austin Higgins to learn more about this amazing opportunity!
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Property Features and Assets:
This shop opened in the midst of the pandemic. The owners were primarily interested in starting a business that would develop into a community hangout. Despite the pandemic putting that goal on the back-burner, this shop has still enjoyed good success for a new restaurant.Market Competition and Expansion:
Two chain shops in the area, no other local competitors in the immediate vicinity. As a younger business, much of the growth potential lies in marketing the business to new customers and continuing to develop systems and processes to bring down overhead.Reason for Selling:
RelocatingAdditional 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
Relevant Links:
- View more North Carolina businesses for sale
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