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Sandwich Shop In Essex County For Sale

Essex County, New Jersey, US
Asking Price:
$1,300,000 (USD)
Sales Revenue:
$2,300,000 (USD)
Cash Flow:
$780,000 (USD)

This flagship restaurant is 43 years young. It boasts 6,000 sq. ft. of dining space that seats 34 for lunch and dinner. It separately provides tablecloth dining space that seats 60, and accommodates weddings, church, civic and all other kinds of social events. The bill of fare in the restaurant includes soup, sandwiches, baked goods and beverages, while dinners of any variety are made to order in the dining hall. Delivery and off-premises catering services are also provided. Less than 3 miles away, the second restaurant is 20 years young, and offers the same bill of fare as the flagship restaurant, without the dining hall and without the in-store seating- take-out food services, only. Sales exceed $1.0 million per year. This location can become the model for future franchise or company-owned locations. Sales continue to climb in both locations, as the food quality and superior service that reflects owner's persona have become infectious. The owner will stay on to run the catering business, plan the development of franchising or open new locations.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-30542 for instant access to this business information.

Business Operation

Employees:
30PT

Other Information

Support & training:

Seller will train

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

650,000.00 Down & 650000 6% over 10 Years

Furniture / Fixtures value:
$300,000 (USD)
Inventory / Stock value:
$60,000 (USD)

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