Sandwich Shop For Sale in Essex County, NJ 30542

Not Disclosed, NJ
Essex County

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

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Sandwich Shop For Sale in Essex County, NJ 30542 Broker: Gerald Nimberg
Owner Financing is Available!
650,000.00 Down & 650000 6% over 10 Years

Quick Facts

Asking Price: $1,300,000
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: 30
BBN Listing #: 57824447
Broker Reference #: 30542

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Business Overview:

This flagship restaurant is 43 years young. It boasts 6,000 square feet of dining space that seats 34 for lunch and dinner. It separately provides tablecloth dining space that seats 60, and accommodates weddings, church, civic and all other kinds of social events. The bill of fare in the restaurant includes soup, sandwiches, 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- take-out food services, only. Sales exceed $1.0 million per year. 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 owner's persona have become infectious. The owner will stay on to run the catering business, plan the development of franchising or open new locations. kg

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Additional Details:

  • The property is owned.
  • The owner is not 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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