Hoagie Shop with 35 Year History for Sale

Not Disclosed, PA
Montgomery County


Asking Price: Annual Revenue:
$299,999 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Hoagie Shop with 35 Year History for Sale Broker: Richard Collins

Quick Facts

Asking Price: $299,999
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 182955492
Broker Reference #: 45783-240458

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Business Overview:

This hoagie shop is a Philadelphia area institution. This store was opened in 1986 and has been owned by the current owner since 2008. He plans on retiring. Revenues over the past three years were between $800,000 to $860,000 with cash flow between $54,000 and $121,500.
The business is known for its award-winning Hoagies and Cheese Steaks and in addition delicious salads, wings, fries, sides and assorted beverages are also available.

The store operates in a stand-alone building and offers eat-in, take-out and delivery service. The store has a seating capacity of 80 which is comprised of booths and counters.

The business's owner does not work in the store but does dedicate about 6 to 10 hours a week to the business .

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Reason for Selling:

Retirement

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 not a franchise resale opportunity.

Relevant Links:

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