Owner Financing is Available
Business for Sale Overview:
A Blimpie Subs & Salads fast food franchise business located in a prime area of Monmouth County, NJ. Blimpie Subs, founded in 1964, is widely known throughout the US and popular for its mouthwatering, delicious submarine sandwiches and health conscious menu. The business is located on a local route and commercial mall with a large amount of daily traffic and shoppers who use this service. The business has existed for a number of years and is a well known for its excellent food & deliveries. The business produces yearly gross sales of approximately $300,000 with a yearly net income of $60,000 based on the owner operating Absentee. The facility is very ample and includes a walk up counter, a large commercial kitchen, a full prep area and ample seating for 38 customers. The present owner is absentee and due to his increased work schedule cannot continue devote the necessary time into the business activities. The business is fully staffed with trained employees who will remain after the business transfer. The sale requires franchise approval and the owner will also supply a full review period for a qualified purchaser. This is an excellent opportunity to own a National fast food business in a major location!
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 facility is located on a state highway in a busy mall in Northern New Jersey with a large number of commercial businesses. The area has a great deal of daily workers and shoppers who require this food service business. The facility consists of 1,650 square feet with a full kitchen and all equipment is in excellent working condition. The business has an indoor seating capacity for 38 customers. The monthly rent is approximately $3,600.
Market Competition and Expansion:
No other fast food franchise businesses are in this particular area. The present owner is absentee and does not devote any time to the business. With onsite management and a delivery system this business can be further improved and developed.
Reason for Selling:
Absentee owner out of the immediate area.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.