The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

Regional Hoagie Franchise

New Jersey (Gloucester County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price $150,000 Inventory $5000** 
Gross Income $450,000 Real Estate  
Cash Flow $75,000 Year Established 1999
FF&E $50,000* Employees 10

* included in the asking price

** not included in the asking price

This local hoagie franchise has been Philly for over 20 years and is known for their large items. They have been featured on TV and Radio and won many "best of" awards. This location has been around since 1999 and the current owners are absentee. The location sells 50% lunch and 50% evening. They are known for their hoagies, cheesesteaks and wings. Their food cost is typically 38%. They are also just completing the construction of a second store in Williamstown and also have prepaid for a 3rd franchise fee. They are open to selling just this one store for $150,000 or both stores and the franchise agreement for total of $250,000.

Facilities: 1900 sq. ft in busy strip center that is anchored by national supermarket. Seating for over 25. Equpment is in good working condition. 8 years left on lease with options. Rent is approx $3600 NNN

Competition: Current owner does minimal marketing or advertising. A new owner could focus on catering and delivery and build the business.

Seller Financing Available: Yes

Financing: Seller may provide limited financing

Support/Training: Seller will train as will franchisor

Reason Selling: Seller is absentee owner and has another business

Business For Sale By

Jack Benoff

215-321-6855

Solara Restaurant Ventures

Contact the Seller

To inquire about this business for sale, click the Reply button below

Contact the seller about this Regional Hoagie Franchise

Recommended Resources

AD # 484977

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --