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Sandwich Shop in Office Building

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Portland, Maine (Cumberland Co.)   |  Businesses for Sale Between $50k and $100k

Asking Price:
$59,000

Gross Revenue:
$155,906
Cash Flow:
$40,017
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed

Real Estate:
 Not Disclosed

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Business Description

The business is located inside an office building. There are over 1000 people who work in the building and many others who come there to transact business. This established coffee and sandwich shop offers good quality pick-up breakfast, lunch, snack and drink items to the captive market of people who work in the building. The building is open to the general public as well. An owner/operator can be in the shop from 6am to 3pm on weekdays and have weekends and holidays free!

About the Business

Number of Employees:
2
Facilities:
Multi-story office building housing some of the city's top firms.
Market Outlook/
Competition:
There are several competitors in the immedicate neighborhood, however, there are no competitors within the captive audience of the building. Competition can also occur from employeess bringing their own lunch to work. It's important to serve these customers with quality foods and in a timely manner due to the constrictions of lunch time periods. It is this same lunch time limitation which gives the business a tremendous advantage over competition.
Growth & Expansion:
In-building catering is largely untapped, but someone willing to take that on would do well.
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About the Sale

Training/Support:
Seller expects to assist in the transition of the business, dependent on the buyer's experience and desires.

Listing Info

ID:
1300620
Ad Detail Views:
246

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Business Listed by

Scott Balfour

Magnusson Balfour Commercial & Business Brokers

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U.S. Census Data for Cumberland County, ME
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Cumberland County, ME
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Source: American Community Survey (2010-2014), United States Census Bureau.

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