Opened in 2007 w/ increasing sales each year & strong catering biz thru Covid! Serving up the finest sandwiches, soups & salads in the area! Super busy location with seating for 80 inside & 20 on patio. Attractive corner building on heavily traveled Boulevard offering great visibility. Features main dining room plus private party room. Ability to operate as a franchise or independent restaurant. Franchise fees are a super low, $500 per week. NO FRANCHISE TRANSFER FEE. It is possible to reduce the restaurant to 1,800 sq. ft. and the rent respectively. The other 1,400 sq. ft. can be used as a ghost kitchen or returned to the landlord. Some equipment includes: walk in cooler, walk in freezer, hood, 48" grill, 3 cold prep stations, 2 bread proofer/ovens, deli case, 8 barrel ice cream case, 2 meat slicers, toaster, mixer, soup warmer, meatball warmer, 3 microwaves, POS system, 3 TV's, tables, chairs etc. No grease trap, not required for this concept. Beverage equipment on loan.

General Info

  • OrganizationInc
  • Established2007
  • Current Owner2007
  • Employees17-20
  • Reason For SaleOther Interests

Facilities

  • Seating80 inside, 20 outside
  • Square Feet3,200
  • ParkingLot
  • LicensesCity Business Licence, Health Dept Permit
  • Open HoursMon-Fri 6AM-8PM, Sat 8AM-8PM, Closed Sunday

Lease

  • Rent$7,500
  • ExpirationNov 2022
  • Yearly IncreaseContact For Info
  • Option5 years
  • DepositYes

Financials

  • Monthly Revenue$86,750
  • Monthly Cash Flow$14,886
  • Annual Revenue$1,041,000
  • Annual Cash Flow$178,635
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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