MergerPlace

Sub Shop Sales over $10K a Week

New Jersey (Middlesex)


  • Asking Price: $179,000
  • Gross Income: $526,110
  • Cash Flow: $83,893
  • Real Estate: Not Disclosed
  • Inventory: $6,000
  • FF&E: $75,000
  • Listing ID: #212301
  • Established: 1991
  • Employees: 2 FT / 5 PT

Business Description

Sandwich Shop - Over $500K in sales and opened only 5 days a week! Great life style business. Opens at 9:30 am & Closes at 4 pm. Now only $179,000.

Since 1991, this popular local downtown eatery has been serving sandwiches, soups, salads, chips and soft drinks for lunch to the local workers, tenants and college students. The business also offers highly desirable sandwich trays and other catering items. The business closes two weeks out of the year, PLUS all weekends and all major holidays. Lucrative turn key business. Start making money your first day. No build out!! Steady customers equal steady cash flow.

Even the neighborhood is to your advantage. Some of the surrounding businesses include a performing arts theater, park, an abundance of business offices and various shops throughout the center of town. This sandwich shop for sale even sits adjacent to a major state university with high rise housing being built all around insuring business growth for many years to come. Fully staffed with seasoned tenured part time employees that will stay with the business. Low risk, low investment with high reward potential makes this an ideal opportunity.

The seller will even help with financing!! Online ordering and third party delivery in place.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Middlesex

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT / 5 PT

Financial Information

Asking Price: $179,000
Gross Revenue: $526,110
Cash Flow: $83,893
FF&E: $75,000
Inventory: $6,000
Seller Financing Available: Yes

Property Information

Facilities:

1760 sq ft including 2 bathrooms, kitchen and seating for 40. In addition there is a full size basement that has 3 freezers and plenty of room for storage. All very well maintained and meticulously clean. The rent is $6500 per month gross with long term lease.

Growth & expansion opportunities:

advertise increase hours expand menu advertise catering host community events add college plan

Competition:

This is located in a busy downtown area. There are several competitors nearby. This business has a very dedicated following.

Reason for selling:

After 28 years the sellers want to retire.

Support & Training:

Will train for 2 weeks @ $0 cost. Food handlers license and Retail Food Establishment License required. General management skills plus prior restaurant experience is a plus.

Contact Business Seller

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Business Listed By:

Russell Miller

Murphy Business Brokers