Sandwich Franchise, Established 26 years, Upscale Location, Profitable

Asking Price$185,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$652,993

Inventory$3,000
Included in asking price
FF&ENot Disclosed

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Sandwich Franchise, Established 26 years, Upscale Location, Profitable


Asking Price$185,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$652,993

Inventory$3,000
Included in asking price
FF&ENot Disclosed

Business Description
This business is part of a very successful food franchise that offers authentic Philadelphia cheesesteak sandwiches and hoagies as its main menu items. This location was opened in 2000 by the franchisor as a corporate owned store and was purchased in 2017 by the current owner. The business is operated on a daily basis by seven part time experienced employees. A steady repeat customer base has helped the business maintain consistent sales over many years since opening.

The menu features a variety of cheesesteak and chicken sandwiches, authentic Philadelphia hoagies, burgers, neighborhood salads, popular sides, and an assortment of beverages. This location has an ABC Type 41 beer and wine license that is transferrable to qualified buyers. What distinguishes this franchise from other sandwich shops is the fact that a portion of the products used to prepare their main menu items are shipped directly from Philadelphia, such as Amoroso roles, Hank’s Sodas, Pennsylvania Dutch Birch Beer, Herr’s Potato Chips, and TastyKake products.
There is indoor seating for approximately 40 customers with additional seating outside. The equipment has been well maintained and is included in the purchase price. The business has been remodeled up to the current franchise standards and no additional upgrades are required. Local training is offered by the franchise prior to the close of escrow, with full on-going support after.

This business is mainly operated on a daily basis by fully trained employees. The owner has other locations and works this location approximately seven hours per week. Adjusted cash flow shown is based on a working owner reducing a portion of the employee wage expense.
About the Business
Years in Operation
26
Employees
7 Part-time
All employees are part time and paid between $17.25 to $19.00 per hour.
Franchise
This business is an established franchise
Opportunities for Growth
This business could experience additional growth with a full time operator. Additional local advertising could be beneficial.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,364
Rent
$8,531.00 per month
Lease Expiration
11/30/2027
About the Sale
Seller Motivation
Reducing the number of locations currently owned.
Transition Support
Local training will be provided by the franchise prior to escrow closing, with on-going support after. The Seller will provide additional training after the close of escrow.
Listing Info
ID
2457933
Listing Views
9

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Business Listed by: Bob Baumgarten National Business Brokerage, Inc.

Listing ID: 2457933 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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