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National Sandwich Franchise In New York For Sale

New York, US
Asking Price:
$90,000
Sales Revenue:
$250,000
Cash Flow:
$57,000

This national sandwich franchise has been in the same location for 26 years! Drastic price reduction!.

The seller will entertain any reasonable offer. Only open 5.5 days per week! This is an industrial park location. It is open M-F 10 a.m.–8 p.m., Saturday 10 a.m.–3 p.m., and closed on Sunday.

This is a rare find for a food service franchise. The current owner is looking to retire after owning this store for the past 8 years. They see a very heavy lunch business from 11 a.m. to 2 p.m.

The store needs two employees during that period, and only one at other times. They offer no breakfast and limited catering. There is a huge upside right there.

This should help sales grow, immediately. In the past year, gross sales were approx. $250,000.00, with a net income of approx. $57,000.00, for an owner/operator and 2 P/T employees. The current owner only goes in 3 hours per day, 4 days per week.

There are 8 years left on the current lease, with only 3% annual increases. The rent is $3,400 per month. That rent includes taxes, CAM, garbage and water! We are seeking a serious and financially qualified buyer with at least $98K in liquid funds to cover the asking price, plus $8K for the rent security.

Ideal for a husband/wife or family to run together.

Business Operation

Reasons for selling:

Retirement

Employees:
2 PT
Years established:
26

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$3,000