Sold
Extremely Rare Est. 65 years Non Franchise Sub shop!
It's always a pleasure to have a listing such as this. Hardworking owner-operators are ready to move on to other ventures. Decades of relationships building within the community and an extremely loyal customer base. Excellent books and records are available during due diligence. This will likely sell to the first qualified buyer who sees it.
****Important**** All buyers must complete the attached NDA or request an electronic one. Buyers who complete the buyer's profile and financial statement will receive priority. We sell 100's of businesses and want to make the best fit for buyers and sellers. No information, including location, financials, or business name, will be released without, at minimum, a signed NDA.
Listed By: Pete Harrison
Background information
Reference:
8998-00119
Year established:
1958
Reason selling:
Time to move on and retire!
Finance
Sales:
$641,000
Profits:
$117,500
Operations
Employees:
8
Equipment:
Included in asking price $100,000
Inventory:
Included in asking price
Premises
Facility:
Seating for over 30 guests. Ample parking and excellent visibility from the road. Some of the assets listed are as follows: Meat slicer: Berkel 827A-Plus (purchased end of 2020) - Large microwave: Panasonic 2.2cu ft countertop microwave (purchased 2023) - Small countertop microwaves (x2) - 93in 3 door prep table True cooler Model TPP-93 - 2 sliding door cooler Atosa Model MCF8709 (purchased 2016) - 60in 2 door prep table Model SUR60-24M - 79in x 78 in 3 door True cooler Model GDM-72 - Amana Fridge
Location:
Saint Petersburg, FL
Opportunities
Growth:
Runnin a sandwich shop business requires strategic planning, operational efficiency, and effective marketing strategies. Here's a comprehensive guide to help you expand your sandwich shop and achieve success: 1. Conduct Market Research and Develop a Unique Selling Proposition (USP) 2. Understand your target audience's preferences, demographics, and dining habits. Identify your competitors and analyze their strengths, weaknesses, and market positioning. Develop a distinct USP that differentiates your sandwich shop from competitors.
Price and terms
Price:
$189,900
Financing:
Yes! For a qualified buyer with a $150K down payment remainder over 36 months @ 8%.
Training:
The seller will continue for a smooth transition for 2 weeks. One of the owners may consider a part-time offer to keep busy.