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Absentee Sandwich Franchise - Open 5 1/2 Days
Suffolk County, NY |
Listing #25158 |
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| Financial Information (non-confidential) |
| Asking Price |
$225,000.00 |
Gross Revenues |
$383,411.00 |
| Down Payment |
$125,000.00 |
Owner’s Cash Flow |
$108,001.00 |
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Financing: $125,000.00 Down and $100K over 2 yrs. @ 6%
Reason for Selling:Owns other businesses
National Sandwich Franchise open only 5.5 days. This is an industrial park location that is open M-F 10am-9pm, Sat 11am-4pm and closed on Sunday! The current owner has been here for 16 years as an absentee operator. They see a very heavy lunch business. At this point they do no advertising other than what the franchise offers. THEY OFFER LIMITED CATERING AND NO DELIVERY. There is a huge upside right there. In 2012 Gross Sales were approx. $416,000.00 with a Net Income of approx. $108,001.00 (that is run absentee)! There are 3 yrs. left on the current lease, but the landlord will extend that for a qualified buyer. THE SELLER KEEPS ALL RECEIPTS TO VERIFY SALES. Call or email Mel Vaz today to learn more at 631-909-1095 Or melvaz@vestedbb.com!
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Melvin L. Vaz
Senior Business Broker
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Servicing Area:
All of NY
All of NJ
All of CT
All of MA
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
