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Financing: $155,000.00 Down and None. Reason for Selling:Retirement This national sandwich franchise now only opens five and a half days per week. *MUST SELL* 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. $220,000.00, with a net income of
approx. $50,000.00, 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 $127K 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, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. 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. |
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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. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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