| Asking Price |
$120,000 | Inventory |
$1,500* |
|---|---|---|---|
| Gross Income |
$216,000 | Real Estate |
|
| Cash Flow |
$80,000 | Year Established | 1996 |
| FF&E |
$120,000* | Employees | 1 Full/1 Part |
* included in the asking price
** not included in the asking price
PRICE DRASTICALLY REDUCED!! Owner says "SELL IT TODAY!" Established Fast Food Franchise. Dominic s of New York is an aggressive and well conceived franchise. The business is located at an extremely busy and successful Lowe s store in the heavily developed retail corridor of Hull Street in Midlothian, VA. Operates in a fully equipped kiosk immediately in front of the entrance to Lowe s. Menu focused on Philly steak subs, chicken cordon bleu and other sandwiches prepared on site, cooked to order. A simple business, easy to manage, unusually profitable related to bottom line vs. sales and investment. All to go, no seating, one person can operate the shop most of the time. Motivated seller! More details on Dominic s available at their web site. Sale includes all equipment and fixtures having a fair market value of $120,000+/-. Buyer responsible for required Dominic s $5,000 franchise transfer and training fee. All cash at closing, this is an asset sale. The business has operated continually at this location for twelve years. The principal is an active owner/operator, running the kiosk with help of one full time and one part time employee. Weekly payroll is $500.00. The success of this business is largely a result of its location and the quality service and products served. Lowe s customers literally have to walk past the shop entering and leaving the store. The smell of cooked to order Philly steak sandwiches "draws them to the shop like flies!" Marketing efforts include passing out flyers, coupons and some sales calls on local businesses to promote to go orders. Free samples are often given to contractors visiting Lowe s. The business operates in a self-contained kiosk, 11 ft. by 7 ft. (77 sq. ft.). Separate shed for two freezer chests, storage, etc. Rent is only $627.00 a month with a long term lease with Lowes. Utility costs, (electricity, water, sewer and trash removal) is included. Equipment list will be available on request.
Facilities: Self Contained Kiosk Located at entrance to very busy Lowe's Home Inprovement "Big Box" Center.
Competition: Prime location and only food service provider in this Lowe's retail center. Serving quick to-go hot ,grilled sandwiches of all types.
Growth/Expansion: Business growth is strong due to extensive traffic at Lowe's Home Improvement Store and surrounding residential/commercial construction which draws consumer traffic.
Financing: Seller will consider some financing to qualified buyer
Support/Training: Seller will provide training
Reason Selling: Other Business Demands

Bruce Hobart
(804) 673-8044
Sunbelt Business Brokers
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