Listing Number: 2201-476105
Description
SBA PRE-APPROVED Truly a South Florida institution, established many, many years ago this family operated business serves up some the best hot and cold sandwiches around, to which generations of families have enjoyed and made the almighty pilgrimage to consume. The complete asset package includes a grill with six-feet hood system, two freezers and ample kitchen prep and storage space. The location has good ingress and parking although this business tends to get extremely busy from 9AM to 5PM five days a week. The property owner is offering a new 5-year lease with options to qualified prospects. This operation has been growing by about 15% year after year, even within the Covid-19 event. The seller is seeking retirement and as such we are seeking a new family to take over the operation.
Listing Details
- Price: $ 630,000
- Down Payment: $70,000
- Sellers Discretionary Earnings: $ 219,465
- Total Sales: $ 671,844
- Location: Miami-Dade County, Florida
- Inventory: $ 10,000
- FF&E: $ 75,000
- Employees: 1
- Year Established: 1977
- Reason for Selling: Retirement
- Category: Restaurants
