Low Competition Sub Shop w/Fun, Profitable Concept

Asheville, NC
Buncombe County


Asking Price: Annual Revenue:
$110,347 $345,459

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Low Competition Sub Shop w/Fun, Profitable Concept Broker: Austin Higgins
Owner Financing is Available!
55000.00

Quick Facts

Asking Price: $110,347
Annual Revenue: $345,459
Net Profit: Not Disclosed
Cash Flow: $26,264
Total Debt: Not Disclosed
FF&E: $43,610
Real Estate: Not Disclosed
Year Established: 2019
Employees: 8
BBN Listing #: 810451471
Broker Reference #: 19375-819830

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Business Overview:

Become a part of Asheville's die-hard local food scene overnight! This sandwich shop is located just 10 minutes from downtown Asheville in a booming area with a lot of new residential and commercial development. For buyers looking to enter the Asheville restaurant space, you will be hard-pressed to find a better deal!

This sub shop has made its name by offering locally sourced artisan products whenever possible. From the day they opened, the focus has been on offering a superior quality ingredients and finished products while maintaining a fun, family-friendly atmosphere. There aren’t many businesses in that space, but Asheville locals have shown their love for the idea time and time again.

Prospective buyers have the option of continuing the current concept, or utilizing this great updated space to pivot to a concept of their own. Call today and ask for Austin Higgins to learn more about this amazing opportunity!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This shop opened in the midst of the pandemic. The owners were primarily interested in starting a business that would develop into a community hangout. Despite the pandemic putting that goal on the back-burner, this shop has still enjoyed good success for a new restaurant.

Market Competition and Expansion:

Two chain shops in the area, no other local competitors in the immediate vicinity. As a younger business, much of the growth potential lies in marketing the business to new customers and continuing to develop systems and processes to bring down overhead.

Reason for Selling:

Relocating

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.

Relevant Links:

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