Is this a Franchise? The most asked question

Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

listing imageSave

Is this a Franchise? The most asked question


Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Business Description
We are pleased to present a long-established and profitable cheesesteak restaurant located in an excellent, high-traffic area. This well-known business enjoys an exceptional reputation for quality food and outstanding customer service, with a loyal customer base and strong local recognition.
The restaurant offers a streamlined, efficient menu featuring Philly-style cheesesteak sandwiches made with freshly baked bread and house-made dressings and sides. The simple concept allows for consistent execution, low waste, and ease of operation while maintaining high product quality.
The space is approximately 1,575 square feet with seating for 37 occupants. A favorable lease is in place with easy renewal options. Rent is reasonable for the location at approximately $3,500 base rent plus $800 CAM/NNN, for a total monthly rent of approximately $4,300.
This turnkey operation is ideal for an owner-operator and offers excellent potential for franchising and future expansion.

Business is open 7 days a week, 8.5 hours per day, leaving room for schedule expansion. Many of the customers are requesting the business to stay open longer.
About the Business
Employees
6 (3 Full-time, 3 Part-time)
Facilities & Assets
The kitchen and service area is fully equipped with a walk in freezer/refrigerator, 36 inch grill, hood, fryer, oven, ice cream freezer, stand alone freezer, ice maker, 3 compartment sink, hand washing sink, veg sink, cold table, Grease trap, 8 tables and 37 chairs. Seller can provide list of equipment.
Market Outlook / Competition
Ideally located! on BUSY Madison avenue and next door to a very high volume
7 Eleven and Dutch Brothers. The restaurant has many great reviews, loyal and repeat customers . This is perfect for a hands-on entrepreneur, owner operator. The restaurant looks and feels like a franchise. Its a great opportunity to expand and open multiple locations with the concept.The operation and menu is simple. The employees are well trained and can handle the daily run of the business. Call for more info!
Opportunities for Growth
Extend hours of operations- Many customers have been asking to stay open later
Add catering services
Franchisable and expansion opportunity given the trendy brand identity
Partner with local schools and organizations
Amplify social media marketing
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,575
Rent
$3,500.00 per month
About the Sale
Seller Motivation
Owner will be retiring
Transition Support
The Seller is willing to provide training at 30 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Listing Info
ID
2451481
Listing Views
Business Location

Contact Seller

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Business Listed by: Manel Sousou

Listing ID: 2451481 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. See our full Terms of Use. Learn how to avoid scams.


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