Sub Shop for Sale in Fort Lauderdale

Fort Lauderdale, FL
Broward County


Asking Price: Annual Revenue:
$154,000 $468,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Sub Shop for Sale in Fort Lauderdale Broker: Ken Eisenband

Quick Facts

Asking Price: $154,000
Annual Revenue: $468,000
Net Profit: Not Disclosed
Cash Flow: $79,463
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1975
Employees: 8
BBN Listing #: 99988096
Broker Reference #: 7562

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Business Overview:

Sub Shop for Sale in Downtown Fort Lauderdale has 49 year history of serving community! Bowling Alley, Movie Theater and Retail Shops under construction steps away. Motivated seller will consider all serious offers.

This sub shop for sale has 49 years of history and an extremely loyal customer base. Sales have been growing yearly with annual sales topping $480,000. An owner/operator should expect to earn $70,000 from this operation. The restaurant services the downtown Fort Lauderdale area. Its sales mix consists of dine-in, pick, and delivery. All deliveries are handled in-house. Utilize third party delivery services to increase sales even more. Books and records are perfect. 2019 sales can be verified by tax return. Books and records are perfect.

Buy this sub shop for sale listed by We Sell Restaurants, that is housed in a 1,420 square foot space in downtown Fort Lauderdale, Florida and take advantage of the very low rent at just $3,691 per month, which is less than 10% of gross sales. The rental rate includes all CAMS, taxes, and two parking spaces. The sub shop for sale seats 20 people inside and more than 20 guests can dine outside. Ample public parking is available, but the majority of customers are just walking distance from this sandwich, salad, and sub shop for sale located in a food court setting in the middle of downtown Fort Lauderdale. The area has massive construction underway. Bowling Alley, Movie Theater, Retail Shopping ,and Residential Condo's will be built steps away. The current lease expires in January 2022 and there are three five year options attached.

If you are looking to be in the restaurant business and still enjoy the great quality of life that South Florida affords you, look no further. This sub shop for sale offered by the restaurant brokers caters to the thousands of people who work in downtown Ft. Lauderdale. The hours of operation are Monday thru Friday 7 am – 3 pm and Saturday 9 am – 3 pm. That’s right, the sub shop for sale is closed every evening, Sunday and all major Holidays. You can open for more hours if you want and gain additional sales and income; that’s your choice.

This is sub shop for sale is a very simple operation to run. The menu features hot and cold subs, overstuffed deli sandwiches, salads, soups, hamburgers and hot dogs. The breakfast menu features egg dishes, sandwiches and breakfast burritos. The menu and all recipes will transfer with the sale and the owner will provide two weeks of training to insure a smooth transition of ownership.

The equipment package for the downtown sub shop for sale is complete. The exhaust hood is five feet in length, the kitchen equipment is powered by natural gas, and the refrigeration is commercial grade. The front of house seats 20 guests very comfortably in a combination of picnic tables and chairs. The patio area is a shared space with other restaurants, but directly in front of your space are five tables with 20 seats. The food court area is connected to a parking garage that is very popular for the downtown employees. Your rent includes two parking spaces. Planned construction in the immediate vicinity includes a movie theater, bowling alley, and retail shops.

Downtown Ft. Lauderdale has thousands of office workers. These business people park their cars for the day or take public transportation. They do not want to travel for lunch. This sub shop for sale in the heart of downtown is positioned to take advantage of this customer base. The setting that it is located in has been successful for twenty years and will be a mainstay in the community to many years to come.

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:

4 Tables 1 Picnic TableBench seats eight 8 Chairs 2 Tables Bench seats 4 Two Door Beverage Cooler 3 Prep Tables 2 Clover leased 3 Door Sandwich Cooler 1 Door Sandwich Cooler Utility Cart 5 Foot Exhaust Hood Refrigerator SS Shelving 2 Table Top Steamer Walk In Cooler Slicer Three Compartment Sink Ice Machine leased 1 Eye Burner Electric

Market Competition and Expansion:

Planned building of Movie Theater, bowling alley and retail shopping area directly in front of restaurant. Walking distance to thousands of employees and secondary education center.

Reason for Selling:

Other

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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