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Posted: Thursday, January 18, 2018 9:26 AM

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Sandwich Shop For Sale

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.

Asking Price: $1,650,000.00

Gross Revenue: $2,800,000.00

Owner's Cash Flow: $780,000.00

Down Payment: $650,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

• Location: Essex County, North Jersey

• Post ID: 52336062 northjersey

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