Established Gourmet Sandwich Franchise

Not Disclosed, NJ Morris County

Asking Price: $350,000

Annual Revenue: $990,110

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Gourmet Sandwich Franchise
Contact: Steve Ajmeri

Owner Financing is Available!

Owner Terms:$150,000.00 Interest:7% Term Months:60 Monthly Payment:$2,970.17

Quick Facts

	Asking Price:	$350,000
	Annual Revenue:	$990,110
	Net Profit:	Not Disclosed
	Cash Flow:	$103,237
	Total Debt:	Not Disclosed
	FF&E:	$10,000
	Real Estate:	Not Disclosed
	Year Established:	2021
	Employees:	6
	BBN Listing #:	944078
	Broker Reference #:	171805-896592

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Business Overview:

Well-known Gourmet Sandwich Franchise. Power location in mega shopping mall. Started only 2 years ago, so there's still room to grow the business further. Doing over a $1 million in revenues with 1 full-time and 5 part-time employees. Great opportunity for someone already in the business or for someone new to the business since the franchise will train new owner in all aspects of the business.

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Property Features and Assets:

Monthly Rent: $7,700.00

Square Units (Foot, Meter): 2,242

Lease Expiration Date: May 30, 2031, 9:00:00 PM

Terms Options: Additional 2 - 5 year options

Market Competition and Expansion:

Potential Growth: Business was only established 2 years ago, so there's plenty of opportunity to grow the business

Competitive Overview: Lots of competition nearby, but this franchise distinguishes itself by preparing custom made gourmet sandwiches and subs with premium meats and ingredients.

Reason for Selling:

Other Business Interests

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is a franchise resale opportunity

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