Growing Sandwich Restaurant W 50% Owner Financing

Business Overview:

A growing sandwich shop with low rent and owner financing is available for acquisition. This business was originally established by the previous owner in 2020 and acquired by the current owner in 2021. This business is located in a 1,450 Square Feet Retail Endcap space with a new anchor tenant moving in, which is next to one of the busiest highways and is surrounded by residential neighborhoods and apartment complexes. The restaurants main menu item is the Philly Cheese Steak along with salads, appetizers, fries, etc. Customer base consists of middle-income individuals with a diverse mix of ethnic background. Revenues have more than doubled since the acquisition and are expected to continue this growth trend as word-of-mouth of this establishment continues to grow. Although there are competitors in the immediate area, this restaurants revenue has continued to grow with very limited marketing efforts. It is expected to continue this growth trend as word-of-mouth spreads with a new anchor tenant moving in, bringing additional foot traffic to the area. Proactive marketing will help capture new customers as the current owner has spent a minimal amount on marketing and solely relies on word-of-mouth. This business is a great opportunity for first time buyers or someone with restaurant experience that can continue to grow the business.

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Property Features and Assets:

This business is located in a 1,450 Square Feet Retail Endcap space with a new anchor tenant moving in, which is next to one of the busiest highways and is surrounded by densely populated residential areas. / Inventory: $3,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are competitors, as it's the nature of the restaurant industry, and the surrounding area. Growth and Expansion: The business has seen consistent growth since its recent acquisition. It is expected to continue this growth trend as word-of-mouth spreads with a new anchor tenant moving in, bringing additional foot traffic to the area. Proactive marketing will help capture new customers as the current owner has spent a minimal amount on marketing and solely relies on word-of-mouth.

Reason for Selling:

Burned Out.

Additional Details:

Documents:

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