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High Volume Sandwich Franchise Near Midtown
Location: United States -> New York -> New York County
Industry: Food and Beverage > Other Food and Beverage

Business Summary

High Volume Sandwich Franchise near Midtown. The current owner has been here for 7 years as an absentee operator. It is a very heavy foot traffic location. At this point they do not advertising other than what the franchise offers. The store was just recently remodeled. THEY OFFER NO CATERING AND NO DELIVERY. There is huge upside right there. This is a unique location with indoor and outdoor seating. That is very hard to find in NYC.

In 2012 Gross Sales were approx. $843,235.00 with a Net Income of approx. $67,000.00. THAT IS RUN ABSENTEE! Payroll for 2012 was $169,000.00. A hands on owner or family could reduce that immediately. There are 4 yrs. left on the current lease, plus a 5 yr. option to renew. He is selling due to a partnership dispute. This store had done over $1.2 million is sales a few years ago when the owner was move involved. HE CAN PROVIDE ALL COMBO REPORTS TO VERIFY SALES. Call or email Mel Vaz today to learn more at 631-909-1095.


Asking Price Range:  < $250K
Gross Revenues:   $843,235
Cash Flow:   $60,141
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2003
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train
Reason For Selling:  Personal


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High Volume Sandwich Franchise Near Midtown Photo 1 High Volume Sandwich Franchise Near Midtown Photo 2

Print Listing Id: 700200278
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