Breakfast / Lunch & Sub Shop

Price: $265,000

Location: Martin County

Industry: Restaurant and Food

Listing ID: 42734598

Listing Status: New

Description

Established 28 seat money maker open for 42 hours a week, offers breakfast all day, variety of subs, sandwiches, fries, wraps. Lunch check average is $17. Simple operation with steady, regular customer base. 80% of business is carry out to locals. Buyer will need to replace owner operator and wife thus reducing owner benefit by $20,000.

LISTING DETAILS

Down Payment: $150,000

Total Sales: $520,656

Cash Flow: $149,774

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $90,000

FFE Included: Yes

Inventory: $4,000

Inventory Included: Yes

Operation

Year Established: 2012

Year of last Acquisition: 2019

Days & Hours of Operation: Monday-Saturday 7AM-2PM

Owner Hours Per Week: 42

Lender Pre-Qualified: No

Non-Owner Payroll: N/A

Employees: 5

Managers: 0

Absentee Owner: No

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $2,228

Type of Location: Strip Center

Square Footage: 1508

Franchise: No

Relocatable: No

Summary

Reason For Sale:

Other interest

Training & Support:

Seller provides training for 2 weeks at no cost.

Financing/Terms:

$115,000 is financed for 5 years at 5%.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER