Established Gourmet Sandwich Franchise
Not Disclosed, NJ Morris County
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- RE: Established Gourmet Sandwich Franchise
- Contact: Steve Ajmeri
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 |
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. Seller also owns 2 other locations of the same Franchise and would like to sell all 3 franchise units for $750K to a qualified buyer.
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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 InterestsAdditional 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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