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Sandwich Shop Serving Major Commuter Hub
Location: United States -> New Jersey
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Absentee Owner Sandwich Shop Next to NYC Metro Transportation Hub

If you are interested in purchasing a true absentee owner business in the NYC metro area, then this is a must-see!

The current owner spends less than 5 hours per week on the business doing payroll and HR while the day-to-day business is run by 1 manager and 1 employee. The business serves freshly baked bread with cold deli meat subs and hot sandwiches in a grab-and-go style and delivers for catering events. The business is located across the street from Newark Penn Station which is the fourth busiest transportation hub in the NYC metro area and serves local commuters, employees of surrounding businesses, and travelers from around the world while staying at neighboring hotels.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $245,513
Cash Flow:   $110,813
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $20,000
Seller Financing:  Yes

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  other interests




Print Listing Id: 700370383
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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 > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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