Penn Station East Coast Subs Franchise - Affluent Western Suburb!

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Well Established 9 Yrs - Busy Shopping Center On Major Rd With Very High Traffic
Asking Price:
$165,000

Gross Revenue:
$484,408
Cash Flow:
$73,559
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Well known for their delicious hot grilled & cold made-to-order submarine sandwiches with high-quality ingredients on freshly baked bread, fresh-cut fries, hand-squeezed lemonade and chocolate chunk cookies baked fresh onsite.

Everything prepared fresh in full view of each customer. Choice of classic, steak, chicken, Italian, lighter subs and cold subs. Also wraps and salads. Other sides include chips and cheese bread. Also, fresh brewed iced tea and fountain drinks. Monthly specials. Kids meals. Rewards program.

Fast-casual atmosphere. Simple operation - counter service. Dine in, take out and catering. Catering menu features party trays, boxed lunches, fresh-baked cookies, drinks by the gallon and chips. Great for business events or social gatherings.

Well established location for over 9 years! Owner operated.

Prime retail space in a busy shopping center on a major road with very high traffic counts. Across a state-of-the-art 1.5 million sqft 2-level shopping center with over 150 specialty stores and 20 restaurants. Surrounded by a vast commercial area of stores, restaurants, businesses and hotels.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Listed By Tom Traina at EatZ & Associates

About the Business

Location:
DuPage County, Illinois
Year Established:
2010
Number of Employees:
8
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,600
Rent:
$6,099.00 Per Month
Lease Expiration:
8/28/2020
Facilities:
Leased space $6,099/mth gross. Current lease expires Aug 2020 with two 5-year options.

Square Feet: 2,600.

Seating: 60.

Days/Hrs of Operation: Mo-Sa 11a-9p & Su 11:30a-8p.

Value of FF&E: Included In Asking Price.
Website:
penn-station.com
Market Outlook/
Competition:
All sandwiches prepared fresh using delicious hearth-baked bread, USDA Choice Steak and the finest meats, cheeses and vegetables. Their potatoes hand selected, fresh-cut and flash-fried in cholesterol-free peanut oil. Their lemonade made from scratch every day using hand-squeezed lemons. Renowned for their legendary Philadelphia Cheesesteak Sub sandwich!

Recent National Rewards:
* #37 Entrepreneur Magazine, 2017 Franchise 500
* 2016 Best Franchise Deals - QSR Magazine
* 50 Big Franchise Success Stores - America’s Star Franchisees 2016
* Best Sandwich Brand - Nation’s Restaurant News, Consumer Picks 2015
* One of the Best Franchises to Buy - Forbes
* #1 Ranked Sandwich Concept - Nation’s Restaurant News

Plus, many local awards!
Growth & Expansion:
First store opened in 1985, began franchising in 1987. Currently operating 313 franchised stores in 15 states. Strongly positioned in the growing sandwich sector with a fiercely loyal and growing customer base.
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About the Sale

Reason For Selling:
Retiring.
Training/Support:
Three weeks on-site comprehensive training.
Seller Financing:
No

Listing Info

ID:
1663501
Ad Detail Views:
0

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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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