Franchised Philly Cheesesteak Franchise for Sale

Delray Beach, FL
Palm Beach County


Asking Price: Annual Revenue:
$150,000 $313,878

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Franchised Philly Cheesesteak Franchise for Sale Broker: Ken Eisenband

Quick Facts

Asking Price: $150,000
Annual Revenue: $313,878
Net Profit: Not Disclosed
Cash Flow: $62,399
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 3
BBN Listing #: 10258096
Broker Reference #: 8081

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Business Overview:

Looking for a profitable franchise opportunity that’s easy to operate and ready for a new owner. This Palm Beach County Franchise for Sale is waiting for you. This concept thrived during Covid -19. Strong delivery and pick-up sales volume kept sales and profits at all-time highs.

The fast casual Franchise for Sale had gross sales in 2020 of more than $313,000 and returned over $63,000 to the owner/operator. The restaurant continues to grow sales and profits each year. Located in Delray Beach, Florida the restaurant is in a centrally located shopping center with a large retail anchor, other restaurants and other retail stores and service providers. The intersection is currently undergoing redevelopment on two corners, bringing national and regional tenants to the area. The five-mile radius population has 213,000 residents with an average household income that approaches $100,000. The shopping center sits on a highly trafficked intersection with more than 81,500 cars per day passing by daily. The restaurant occupies 1,000 square feet and seats 32 guests inside and another 4 outside. The very reasonable rent is $3,055 per month including CAM and taxes. The current lease has one five-year option attached so the length of lease will not be an issue.

The concept of this Franchise for Sale offered by We Sell Restaurants is fast casual. The menu highlights Philly Cheesesteaks and includes Burgers, Hot Dogs, Wings, Gyros, Salads and much more. The ingredients for the Philly Cheesesteaks are delivered direct from Philadelphia and only the finest foods are used in preparation of all menu items. Guests order the food from the front counter and can watch as the food is prepared in the open-air kitchen. Two ice cream freezers display 16 flavors of Philly Water Ice (Italian Ices) that are available for dessert and take-out.

The $25,000 franchise fee includes comprehensive training of all functions and operations of the restaurant. This Franchise for Sale has been in existence for five years. It was built by the franchisor in 2016 and has been operated by the franchisor since. The concept has been in existence since 1993. This is a turnkey opportunity. You are profitable on your first day.

This Franchise for Sale comes with all the furniture, fixtures, and equipment that you will need to operate. The food preparation is handled on a large flat top grill. There are two fryers and a panini press to prepare other food items. The restaurant has a walk-in cooler, all the refrigeration is commercial grade. The dining room consists of high-top tables, other tables and chairs. Click on the tabs below to agree to confidentiality to obtain the name, address, and to view photographs.

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Property Features and Assets:

2 Outdoor tables 4 Outdoor Chairs 5 Four Top Tables 20 Chairs 3 Hightop Tables 12 Hightop Stools 3 Televisions 2 Trash Bins Ice Cream Freezer 6 Flavors POS System Panini Press Two Door Sandwich cooler Microwave Single Door Low Boy Cooler 2 Single Door Low Boy Freezer Single Door Sandwich Cooler 2 Fryer Flat Top Heat Lamp SS Shelving 2 Prep Tables Slicer 3 Door Stand up Cooler 2 Ladder Walk in Cooler Utility Cart 3 Compartment Sink Assorted Pots Pans Utensils

Market Competition and Expansion:

Delray Beach Overlay District is bringing beautification to the four corner Intersection and is undergoing redevelopment on two of the corners bringing national and regional tenants to the area. The shopping center will not allow any direct competitors for this concept. The restaurant has an excellent reputation and draws customers for its quality food and diverse offerings.

Reason for Selling:

Relocation

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.

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