Business for Sale Overview:
Great Price.....Call today for details!!!
Owner is open to selling the business and the Real Estate separate. Just Lowered the Price from $423,000 to $335,000, final offer is negotiable!!!! Owner needs to sell because of health reasons. This is a non-franchise Sub Shop!
After 23 plus years the owners are ready to retire and enjoy their fruits of this successful business adventure. Not a franchise, great opportunity to own your own Philly Steak Sandwich Shop that has been in business for 23 plus years! This business includes the real estate, so this is a complete turn key operation. The building accommodates 48 customer seating, parking for 20 plus cars, drive up window and carry out service. The property is located just a few blocks from a major college and has strong repeat customer base. Business is affiliated with a unique student credit card, prepaid food program that parents purchase in advance for the student, a great way to control student spending and quality food. This business could easily be franchised or expanded to other locations. This shop specializes in Philly Steak Sandwiches but also offers chicken, ham, French-dip, vegetarian, polish, turkey, BBQ sandwiches along with French fry’s, brownies and soft drinks. This is a very clean must see business!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business is located on a busy street in a college town. The building is 1,584 Square Feet and is located on 13,500 Square Feet of land. It has off street parking and drive up window. The signage is visible from the street. The business is located just 3-4 blocks from a local college.
Market Competition and Expansion:
Not a lot of competitive pressure in the area related to Philly Steak Sandwiches. A new owner should consider expanding this business to other local cities. This is a great sandwich and offered at a very good value. Need to market more to the local college students.
Reason for Selling:
Owners ready to retire
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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