MergerPlace

Larry's Giant Sub's in Nassau County

Florida (Nassau)


  • Asking Price: $199,000
  • Gross Income: $505,240
  • Cash Flow: $120,718
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $45,000
  • Listing ID: #225759
  • Established: 7
  • Employees: 5

Business Description

The Raikes brothers, Larry & Mitch, built their first submarine sandwich shop in Jacksonville, Florida in 1982. They made their very first subs using the highest quality deli meats and cheeses available, topped off with fresh produce delivered daily like iceberg lettuce, vine-ripe tomatoes, and the finest onions. Today, the ingredients have not changed and neither has the brother’s commitment to quality. Larry’s Giant Subs is the only sub-chain out there that focuses on serving healthy and nutritional products. Our Roast Beef is ALL NATURAL, Black Angus USDA choice with no injections. We use Raikes Farms Antibiotic-Free Turkey Breast and Grilled Chicken Breast, which is: Antibiotic Free, Hormone Free & Sustainably Farmed. Our award-winning bread comes straight from Costanzo’s bakery, right in the heart of Buffalo, New York. Take one bite of our Raikes Farms Pastrami and Corned Beef Brisket-“You’ll Feel like in Your Favorite N.Y. Deli”. We use Bumble Bee Albacore Tuna & our chicken salad is made by Sally Sherman using all-white-meat chicken and Hellman’s Real Mayonnaise. We are proud to give our customers what no one else out there can, premium products at every day affordable prices.$10,000 Franchise Fee included in the sale. Please refer to listing number 7101-860489 and advisor Victor Cirillo when inquiring on this listing.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Nassau

Company Information

Year Established: 7
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $199,000
Gross Revenue: $505,240
Cash Flow: $120,718
FF&E: $45,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 2244 Square Footage: 1,500 Building Type: Strip Terms & Options: 0 Expiration Date: 2/28/2022

Reason for selling:

Corporate Owned To Franchise

Support & Training:

Seller will train for 2 weeks at no cost.

Contact Business Seller

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Business Listed By:

Victor Cirillo

Transworld Business Brokers