Business For Sale

Sandwich Shop For Sale-30542

Essex County, NJ
Essex County

Asking Price: Annual Revenue:
$1,650,000 $2,300,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Sandwich Shop For Sale-30542 Broker: Gerald Nimberg
Owner Financing is Available!
650,000.00 Down & $1,000,000 6% over 10 Years

Quick Facts

Asking Price: $1,650,000
Annual Revenue: $2,300,000
Net Profit: Not Disclosed
Cash Flow: $780,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 3404447
Broker Reference #: 30542

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Business Overview:

Huge Profits, Huge Growth Opportunity, Substantial Seller Financing Beginnings of a franchise, quite possibly, or just two highly successful restaurants packaged by its owner for sale. Located in Essex County, New Jersey, the flagship restaurant is 43 years young and boasts 6,000 sq. feet of dining space that seats 34 for lunch and dinner and separately provides table cloth dining space that seats 60 and accommodates weddings, church, civic and all kinds of social events. The bill of fare in the restaurant includes soup, sandwich, baked goods and beverages while dinners of any variety are made to order in the dining hall. Delivery and off-premises catering services are also provided. Less than 3 miles away, the second restaurant is 20 years young and offers the same bill of fare as the flagship restaurant without the dining hall and without the in-store seating; that is, take-out food services only. Sales exceed $1.0 million per year. or more than $550.00 per square foot, which is unheard of in the restaurant business. This location can become the model for future franchise or company-owned locations. Sales continue to climb in both locations as the food quality and superior service that reflects the owners persona have become infectious. The owner will stay on to run the catering business; to plan the development of franchising, or simply to open new locations.

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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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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