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- RE: Sandwich Shop - Great Location
- Contact: Russell Miller
Quick Facts
Asking Price: | $149,900 | |
Annual Revenue: | $365,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $41,906 | |
Total Debt: | Not Disclosed | |
FF&E: | $70,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1991 | |
Employees: | 4 | |
BBN Listing #: | 984964 | |
Broker Reference #: | 3401-18729 |
Business Overview:
Sandwich Shop - Over $350K in sales and opened only 5 days a week! Great lifestyle business. Opens at 8 am & Closes at 5 pm. Now only $149,900.
Since 1991, this popular local downtown eatery has been serving sandwiches,soups, salads, chips and soft drinks for lunch to the local business employees, tenants and college students. The business also offers highly desirable sandwich trays and other catering items. The business closes all weekends and all major holidays. Start making money your first day. No build out!!
Steady customers equal steady cash flow.
Even the neighborhood is to your advantage. Some of the surrounding businesses include a performing arts theater, park, an abundance of business offices and various shops throughout the center of town. This sandwich shop for sale even sits adjacent to a major state university with high rise housing being built all around insuring business growth for many years to come.
Fully staffed with seasoned tenured part-time employees that will stay with the business. Low risk, low investment with high reward potential makes this an ideal opportunity. Online ordering and third party delivery in place.
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Property Features and Assets:
Highly visible with considerable walk-in traffic. 1760 sq ft including 2 bathrooms, kitchen and seating for 50. In addition there is a full size basement that has 3 freezers and plenty of room for storage. All very well maintained and meticulously clean. The rent is $7,200 per month gross with long term lease available.
Assets = $125,000
Market Competition and Expansion:
This is located in a busy downtown area. There are several competitors nearby. This business has a very dedicated following.
Food handlers license and Retail Food Establishment License required. General management skills plus prior restaurant experience is a plus.
Reason for Selling:
More time with family.Additional 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 New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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