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Business for Sale Summary

Food Franchise for Sale in Suffolk County, NY - 30321

Business Type: delicatessen/catering services,misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,fast food franchise
Food Franchise for Sale in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $135,000 Down Payment $135,000
Gross Revenues $283,065 Lease Remaining Register Free to View
Owner’s Cash Flow $86,466 Number of FT Employees Register Free to View

Financing

$135,000 Down and None.

Business Description

This national sandwich franchise now only opens five and a half days per week. *PRICE REDUCED* The business has been in the same location for 24 years! This is an industrial park location. It is closed on Sunday. This a rare find for a food service franchise. The current owner is looking to retire. They see a very heavy lunch business from 11AM to 2PM. The store needs two employees during that period, and only one at other times. At this point, they do no advertising, other than what the franchise offers. They offer no breakfast or delivery, and limited catering. There is a huge upside right there. In fact, the parent company has just added online ordering. This should help sales grow, immediately. In the past year, gross sales were approx. $280,000.00, with a net income of approx. $86,465.50, for an owner/operator and 2 P/T employees. There are 20 years left on the current lease, with only 3% annual increases. We are seeking a serious and financially-qualified buyer with at least $135K in liquid funds to cover the asking price, plus $8K for the rent security. Ideal for a husband/wife or family to run together. To learn more, please call 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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. kg

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.