Seller's Contact Information
- RE: $60,000 NET Absentee-Run High-End Sandwich & Deli
- Contact: Mike Darmo
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $400,000 | |
| Net Profit: | $60 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 3 | |
| BBN Listing #: | 399659836 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for an amazing absentee-run business for a Turn-Key High-End Sandwich Shop that sits in the middle of a busy complex with a Major Food Supermarket Retailer and that has tons of foot traffic activity then look no further. Currently the owner doesn't works there and has employees and a manager, but if you were too work there as the manager you would gain an additional $65,000 NET per year of salary on top of the $5,000 take home a month currently ran as absentee for total of $125,000 NET per year. This restaurant used to gross close to $32,500 a month in sales and growing. This is a perfect opportunity for someone looking for complete upside and growth from its current position. The equipment and decor and FF&E is top notch and clean and turn- key. The rent is only $1,975 for 1,000 square feet in the Heart of Phoenix with 4 years remaining and a 5 year option. This business has a large hood and all the right equipment as well. The owner is also offering amazing seller financing terms with $175,000 down and $75,000 for 3 years at 0%. Hurry up the most popular restaurant listings are sandwich shops and pizzeria and they go quick.
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Property Features and Assets:
1,000 square feet in the middle of shopping center.
Market Competition and Expansion:
Tons of room for growth with time and more owner involvement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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