D'Angelo Grilled Subs South of Boston
Location: Massachusetts > Plymouth County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $175,000
Gross Revenue: $601,682
Gross Revenue Comments: sales are stedy, strong repeat customers
Cash Flow: $96,225
Cash Flow Comments: EBITDA owner works 50 hours per week
Inventory: $2,500 (Not Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Seller Financing: Third Party financing available to qualified candidates.
Business Summary
D’Angelo Grilled Sandwiches is a leader in the Quick Service Sandwich Segment of the restaurant industry.

Quick service does not mean "fast food." Without a doubt D’Angelos service is fast, but none of the high quality products that set D'Angelo apart from other chains is sacrificed. Guests appreciate that the sandwich they order will be prepared exactly as they like it. D’Angelos menu of submarine sandwiches, pokkets®, wraps, salads, soups, D’Lite® offerings, and Kidz Meals has attracted a loyal – and expanding customer base.

The D’Angelo Grilled Sandwiches chain includes nearly 200 company and franchised locations, serving over one million guests every month.

Today, D’Angelo is a market standout with a menu that includes 44 sandwiches – prepared on the grill, toasted or cold. D’Angelo’s has a variety of hot and hearty soups and freshly made salads. Distinctive recipes and proprietary breads baked are a trademark of D’Angelo’s.

Capitalizing on established success, D’Angelo is positioned for growth, with a great new store design that is attracting customers like never before. S

torewide service improvements have been put into place, ensuring the utmost in customer satisfaction.D’Angelos’s Grilled Subs has been in this location for over 20 years.

The current owner has owned it since 1992. This one of two D’Angelo’s he owns.

Strong steady customer base. The store has not been remodeled. The franchisor requires remodeling in order to transfer agreement. The estimated cost of remodeling is $125,000.00 Remodel Stores have experienced substantial increase in sales.

Remodeling has proven to increase sales. The redesigned stores appeal to a much broader customer base than the standard construction boot crowd. The remodel positions the store to appeal to families for lunch and dinner as well as the eat-in lunch crowd.

The current owner does not want to go through a remodel at this time.
About the Business
Year Established: 1992
Employees: 4 full time - 7 part time
Franchise: Yes
Facilities: Situated is a small strip center (3 stores). 2200 Square Feet, seats 30. Plenty of parking. The store has not been remodeled. The franchisor requires remodeling in order to transfer agreement. The estimated cost of remodeling is $125,000.00 Remodel Stores have experienced substantial increase in sales.
Market Outlook and Competition: There are a number of branded food shops in the general area including: Blimpie, Subway, Quiznos, Pizza Hut.
About the Sale
Management Training and Support: D'Angelo offers franchisees an intensive five week training program.
Reason For Selling: At 62 years old the owner is looking to retire. He does not want to go through a remodel at this time.
Attached Files - Attachment Disclaimer
D'Angelo Grilled Sub Shop for Sale - Outside view of D'Angelo Grilled Sub Franchise for sale. South of Boston.63 KView | Download

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BizQuest ID:865861
Seller ID:DA - 100
Business Listed By
Jim Coen  |  The Burbank Group
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.