Sandwich Shop For Sale

Listing ID: 700308730

Listing Title: Sandwich Shop For Sale

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Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: New Jersey


City: Essex County

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $2,800,000

Cash Flow: $780,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2010

Number of Employees: 20 - 34

Business Description:
Huge Profits, Huge Growth Opportunity, Substantial Seller Financing Beginnings of a franchise, quite possibly, or just two highly successful restaurants packaged by its owner for sale. Located in Essex County, New Jersey, the flagship restaurant is 43 years young and boasts 6,000 sq. feet of dining space that seats 34 for lunch and dinner and separately provides table cloth dining space that seats 60 and accommodates weddings, church, civic and all kinds of social events. The bill of fare in the restaurant includes soup, sandwich, baked goods and beverages while dinners of any variety are made to order in the dining hall. Delivery and off-premises catering services are also provided. Less than 3 miles away, the second restaurant is 20 years young and offers the same bill of fare as the flagship restaurant without the dining hall and without the in-store seating; that is, take-out food services only. Sales exceed $1.0 million per year. or more than $550.00 per square foot, which is unheard of in the restaurant business. This location can become the model for future franchise or company-owned locations. Sales continue to climb in both locations as the food quality and superior service that reflects the owners persona have become infectious. The owner will stay on to run the catering business; to plan the development of franchising, or simply to open new locations.

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