Listing Number: 64646-231744
Description
Well established profitable Italian Sandwich franchise, producing $1,447,000 gross sales in 2023, now available. The brand provides mandatory 2 -3 week training for an approved Owner Operator prior to closing the transaction. The 1,600 sq. ft., location comes with a lease through April 2028. This award winning franchise benefits from outstanding catering, 3rd party apps, on line ordering, and traditional walk in customers. Location has ample room for patrons to sit and enjoy their freshly made sandwich. A true turn key operation comes complete with Franchisor required upgrades. Current ownership has produced and SDE of $183,800 in 2023 with a full staff of employees. One of the top rated locations in the system, the new owner operator should benefit from the 10 year history created by the current owners and a staff GM with experience. Please utilize the automated NDA system to begin learning more about this opportunity.
Listing Details
- Price: $ 550,000
- Down Payment: $550,000
- Sellers Discretionary Earnings: $ 183,752
- Total Sales: $ 1,446,657
- Location: Camden County, New Jersey
- Inventory: $ 8,000
- FF&E: $ 73,740
- Employees: 11
- Year Established: 2012
- Reason for Selling: Other interest
- Category: Food Business Retail,Restaurants