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Submarine Sandwich And Beer
Location: United States -> Virginia -> Newport News
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Established Submarine Sandwich Restaurant. 30 years on location, local landmark Rated “Best Sub” in area. Steady flow of Repeat Business. this restaurant seats 40 with parking for 20 cars. Location is directly across the street from a major University and next to huge retail development with office and condo’s. Traffic flow past location is 35,000 plus daily, turn in to lot from either lane. All recipes and procedures convey with sale, Full operations manual and all procedures documented. Strong books and cash flow. Sales have Increased each year for th past 3 years, definite upward trend. In addition to Hot & Cold Subs this restaurant also has a full Beer License, great opportunity to grow business in a growing college town. If you know this area and have seen this restaurant, you’ve probably dreamed of owning it, now you can! Sale Includes the Property of approx. 1/3 Acre of Commercial Real Estate.

Business location Turn Key business and property fully equipped for only $500,000 Email or call Ray at 757-271-6969


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $350,000
Cash Flow:   $77,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1977
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Full seller training up to 3 weeks, operations manual outlines all procedures.
Reason For Selling:  Retirement.

Photos

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Submarine Sandwich And Beer Photo 1




Print Listing Id: 700100487
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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