National Food Franchise in NY - 30321

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$135,000 $283,065

Food & Beverage: Restaurants, Fast Food, Deli


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RE: National Food Franchise in NY - 30321 Broker:

Quick Facts

Asking Price: $135,000
Annual Revenue: $283,065
Net Profit: Not Disclosed
Cash Flow: $86,465
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 15194447
Broker Reference #: 30321

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Business Overview:

This national sandwich franchise now only opens five and a half days per week. *PRICE REDUCED* The business has been in the same location for 24 years! This is an industrial park location. It is closed on Sunday. This a rare find for a food service franchise. The current owner is looking to retire. They see a very heavy lunch business from 11AM to 2PM. The store needs two employees during that period, and only one at other times. At this point, they do no advertising, other than what the franchise offers. They offer no breakfast or delivery, and limited catering. There is a huge upside right there. In fact, the parent company has just added online ordering. This should help sales grow, immediately. In the past year, gross sales were approx. $280,000.00, with a net income of approx. $86,465.50, for an owner/operator and 2 P/T employees. There are 20 years left on the current lease, with only 3% annual increases. We are seeking a serious and financially-qualified buyer with at least $155K in liquid funds to cover the asking price, plus $8K for the rent security. Ideal for a husband/wife or family to run together.

ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.


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Reason for Selling:

Retirement

Additional Details:

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

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