1. Home
  2. Businesses for Sale
  3. New York
  4. Fast Food Franchise
Business for Sale Summary

National Sandwich Franchise in Prime Location - 34324

Business Type: delicatessen/catering services,misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,fast food franchise
National Sandwich Franchise in Prime Location
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 15 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $345,000 Down Payment $345,000
Gross Revenues $437,000 Lease Remaining Register Free to View
Owner’s Cash Flow $138,007 Number of FT Employees Register Free to View

Financing

$345,000 Down and None.

Business Description

Fantastic National Sandwich Franchise for sale. The location is to die for, one of the best I have seen in many years. It suffered a setback last year due to Covid, but has shown a solid bounce back in 2021. The business is on track for the highest revenues ever by year end. There are several new neighborhood factors that will cause continued growth for 2022 and beyond. Additionally, the store was fully remodeled at a cost of nearly $80K. In 2020, a pandemic year, the business grossed $437,000.00. These figures come straight from the POS and can be easily verified. Owner’s cash flow of $138,007.00 for that period reflects one part-time owner and 3 part-time employees. That is after paying an 8% royalty and 4% marketing fee. The current owner has been here for 12 years. There are 6 years left on the current lease with a rent of $4,954/mth. including tax and CAM. A well-qualified buyer may be able to negotiate a new lease and lease extension. The franchisor will aid in this process as well. We are seeking a serious and financially qualified buyer with at least $345K in liquid funds to cover the asking price. Additional funds shall be needed to cover the transfer fee, rent security working capital and closing costs. This business would be ideal for a family operation. With this location, this business will not stay on the market for long. 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 once proof of liquid funds has been provided!

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.

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.