Absentee Owner Sandwich Shop Next to NYC Metro Hub

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$150,000 $245,513

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Absentee Owner Sandwich Shop Next to NYC Metro Hub Broker: Derrick Lee
Owner Financing is Available!

Quick Facts

Asking Price: $150,000
Annual Revenue: $245,513
Net Profit: Not Disclosed
Cash Flow: $110,813
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 887649826
Broker Reference #: 83341-841155

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Business Overview:

Absentee Owner Sandwich Shop Next to NYC Metro Transportation Hub

If you are interested in purchasing a true absentee owner business in the NYC metro area, then this is a must-see!

The current owner spends less than 5 hours per week on the business doing payroll and HR while the day-to-day business is run by 1 manager and 1 employee. The business serves freshly baked bread with cold deli meat subs and hot sandwiches in a grab-and-go style and delivers for catering events. The business is located across the street from Newark Penn Station which is the fourth busiest transportation hub in the NYC metro area and serves local commuters, employees of surrounding businesses, and travelers from around the world while staying at neighboring hotels.

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Reason for Selling:

Other business interests.

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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