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Popular And Busy Sandwich Shop For Sale

Palm Beach, Florida, US
Asking Price:
$125,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250,000
Cash Flow:
$55,000

Popular and busy sandwich shop in very desirable area of East Boca Raton, near the FAU campus. Restaurant has very loyal following and in season when school starts it opens from Thursday to Saturday til 3am with one-night person. Many deliveries through all the delivery aps and growth potential adding beer and wine license which would have been next step for current owners who bought 2 years ago with intention to grow and franchise concept but have been offered a great opportunity in the transportation business and have reluctantly decided to sell the restaurant and priced it to sell quickly. Sales grew in 2019 from $270k to almost $400k but due to COVID sales in 2020 will probably be back to 2018 numbers when they bought for much more than current sales price. Numbers below assume owner operator as current owners do not work business full time. Please refer to listing 2201832400, business broker Jesse Peraza when you inquiry about this listing.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 2750 Square Footage: 1500 Building Type: STRIP CENTER
Terms & Options: 1x5 yr Expiration Date: 9/1/2024

Premises Details:

Lease/Month: 2750 Square Footage: 1500 Building Type: STRIP CENTER
Terms & Options: 1x5 yr Expiration Date: 9/1/2024

Business Operation

Competition / Market:

Non Compete : Miles: 30 Years: 3

Reasons for selling:

Other business Interest

Employees:
2
Years established:
2018

Other Information

Support & training:

For 1 week at no cost

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$1,000 - included in the asking price
Relocatable:
This business can be relocated.