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This Business has been Sold!
Closing Date: 05/19/2011
Broker: Syed Ahmed

Business for Sale Summary

Sandwich Franchise - 18466

Business Type: retailing businesses,convenience store,delicatessen/catering services,fast food franchise,general merchandise store,other food stores
Sold
Sandwich Franchise
On May 19th 2011, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
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 listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $185,000 Down Payment $185,000
Gross Revenues $301,600 Lease Remaining Register Free to View
Owner’s Cash Flow $98,771 Number of FT Employees Register Free to View

Financing

$185,000 Down and

Business Description

This nationally-known sandwich franchise is located in a very busy strip-mall. The mall also has a nationally-known food and grocery chain, so this fast food franchise, continuously, get the clientele, throughout the day. The interior design, furniture, and fixture are unblemish, immaculate, and spotless. It is a 100% absentee business, because the owner spends most of his time abroad, in his native country. Rent is just $3,000 a month; a long lease, too. The seller's net profit, after paying all the expenses, including the franchise fee, is $7,000 to $8,000 a month. Due to a great location, it is a very stable business, financially. Owning this business is an excellent opportunity for a family and its members to run themselves. Call Syed at 631-265-7300. Proof of funds is a must!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.