Fresh Sub sandwiches, Burgers & Salad Bar

Andrews, TX (Andrews County)

Seller Financing Available
Fresh Sub sandwiches, Burgers & Salad Bar

Asking Price:$679,000

Cash Flow:$208,000

Gross Revenue:$1,142,000

EBITDA:$205,000

FF&E:$60,000

Inventory:$10,000

Real Estate:$250,000*

Established:1990

*not included in asking price.

Fresh Sub sandwiches, Burgers & Salad Bar

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Business Description

Business Description
This sub shop is located in west Texas. They are known for serving fresh, home-style food at a reasonable price. They have been using the same quality recipes to serve delicious sandwiches for 24 years. They offer delicious hot and cold subs, chicken sandwiches, burgers, and more. Their salad bar offers an extensive selection of fresh ingredients every day. They also have a full breakfast menu that is available every morning. Delivery services are offered weekdays in the evenings and on Saturdays noon-close. Locals love to stop here regularly and visitors from surrounding towns look forward to eating here whenever they are in the area. The population is seeing growth in the area due to recent oil booms.
Business Details
This sub shop has been in business since 1990 with the current ownership. After years of hard work and dedication to building this business, the current owner has decided to retire and let a new owner take it to the next level. This Texas based business is a great opportunity to take a business that is already successful and build on that foundation to secure your future. This company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. This company offers a new owner a successful business with stable revenues. For more information on this listing, contact us today.
Products and Services Offered
Delivery services are offered weekdays in the evenings and on Saturdays noon-close.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
6 full/ 12 part
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Equipment and inventory included in the sale, more details available upon inquiry.
Competition:
There is considerable competition in the area.
Growth & Expansion:
There are many effortless growth opportunities for this business. One simple option would be to open the doors on Sundays. An assertive new owner might consider opening additional locations in surrounding towns. Another opportunity comes from stronger sales efforts such as outside sales and stronger marketing efforts with a sales team. Social media has great customer reviews, adding a website could strengthen their internet presence by ten fold.
Financing:
Yes, will consider financing. Negotiable up to 15%
Support & Training:
Key employees will most likely stay after transition. The owner is available for a reasonable transitioning period.
Reason for Selling:
Owner wants to retire. He's had the business for 24 years.

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Allen Johnson

Business Listed By:
Allen Johnson

The Dean Group

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Sponsoring Broker:
Robert Wootten

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