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Miami Sub Shop Established For Over 45 Years For Sale

Miami-Dade County, Florida, US
Asking Price:
$599,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$219,438
Cash Flow:
$610,829

15% cash down buys you a Miami institution with an adjusted net profit of over $200,000. For the last 45 years this well-known Miami Sub Shop has served up some the best hot and cold sandwiches around, which generations of families have enjoyed and even made the almighty pilgrimage to consume. The complete asset package includes a grill with hood system, two freezers and ample kitchen prep and storage space. The location has good ingress and parking although this business tends to get extremely busy from 8AM to 3PM five days a week. The property owner is offering a new 5-year lease with options to qualified prospects. Due to excellent books and records this family operation has been prequalified for SBA lender financing in conjunction with the seller holding a short-term note. All prospects should have some like kind experience and good credit as per lender and seller requirements.

This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 2857
Square Footage: 850
Building Type: Strip Center
Terms & Options: LL offering new 5-year

Location:

Miami - Coral Gables Area

Premises Details:

Strip center

Size in square feet:
850

Business Operation

Competition / Market:

Miles: 25
Years: 5

Reasons for selling:

Retirement

Trading hours:

Monday through Saturday 9am to 5pm

Employees:
1
Years established:
46

Other Information

Support & training:

Weeks Training: 2
Cost: $0

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Loan/Seller- Amt: 29,950
Mos: 24
Rate: 8.00
Mo Pmt: 1,354.56

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price