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Business for Sale Summary

Popular Sandwich Shop for Sale Monmouth County, NJ - 32747

Business Type: fast food franchise,other eating & drinking places,restaurant/ cafes/ diners,seller financing available,delicatessen/catering services
Popular Sandwich Shop for Sale Monmouth County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $50,000 Down Payment $50,000
Gross Revenues $350,000 Lease Remaining Register Free to View
Owner’s Cash Flow $40,000 Number of FT Employees Register Free to View

Financing

$50,000 Down and All cash

Business Description

Owner has invested more than $175,000 into building a brand-new coffee cafe, breakfast and sandwich shop in Monmouth County, New Jersey and there is a second such opportunity almost completed just four miles away. Buy one; Buy the other; Buy both. The owner of this profitable shop is seeking a working partner. The Seller plans to open a string of these shops and partner with an entrepreneur on each. Owner intends to keep building these stores as prime locations develop.He will sell each toa hard-working individual who can put earnest money ($50,000) into the business which entitles the Buyer to keep 100% of the earnings in perpetuity less a small weekly fee of $200 to the owner. At any time, the working partner can buy out the location or resell his interest. The shop, the equipment, refrigeration, freezer and appliances are brand new as is the plumbing, electrical and air conditioning. The owner has a sweetheart 15-year, direct lease at $2,000 per month that includes gas and electric. Plenty of space, 2,000 sq. feet. Seating is offered for 25 indoors and 8 outdoors. A full coffee and breakfast menu are also offered. The owner is able to service the nearby military base and local school lunch programs. Significant growth can be expected. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers, LTD at 646-269-4616.

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.