Downtown Sandwich Shop Est. 30 YRS E2 VISA!

Saint Petersburg, FL (Pinellas County)

Seller Financing Available
Est. 30 Years Downtown Restaurant

Asking Price:$165,000

Cash Flow:$77,000

Gross Revenue:$328,661

EBITDA:N/A

FF&E:$35,000

Inventory:$3,500*

Established:1987

*not included in asking price.

Downtown Sandwich Shop Est. 30 YRS E2 VISA!

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Business Description

****RARE OPPORTUNITY*** Very difficult to find anything downtown St. Petersburg as the area has totally reinvented itself over the past few years in business and entertainment. This business has been consistent for 30 nears and now time to take it to another level with new menu offering, increased hours and sky is the limit. The daily walk-by traffic alone is impressive. Priced to sell quickly , full staff in place, seller works 25 hours week and excellent for E2 Visa buyer with outstanding books and records.

***IMPORTANT*** All buyers must complete the attached Non- Disclosure or request an electronic one, provide any photo ID as well as proof of funds. No information including location and detailed financials can be released.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Over 1600 Sq. ft facility with seating for 32 inside guests plus additional outdoor tables for another 8 guests on busy side walk. Favorable lease of 5 years with 2 (5 year) options.
Competition:
Food business is competitive but they have been a staple of the area for nearly 3 decades. They have a steady loyal customer base along with a great take on the typical sandwich.
Growth & Expansion:
Plenty of opportunity to increase hours, add beer and wine license and additional catering and more social media.
Financing:
Yes with 90K down seller may finance remainder at 6% over 36 months
Support & Training:
Seller will stay on 1-2 weeks for smooth transition to new ownership.
Reason for Selling:
Retiring

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Pete Harrison

Business Listed By:
Pete Harrison

Legacy Venture Group USA, Inc.

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