Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$99,900	Inventory	$2000**
Gross Income	$355,858	Real Estate	Leased**
Cash Flow	$45,906	Year Established	2006
FF&E	$28,207*	Employees	5

* included in the asking price

** not included in the asking price

This sandwich shop is known for its excellent cheesesteak sandwiches and wings. This is an opportunity for someone to walk in and take over an existing business for a relatively minimal investment without the necessity of revamping the operation.

Facilities: Currently, the business is based in leased premises adjacent to a beer distributor in a suburban shopping center close to a university. The lease cost is currently $1453 per month; lease expires 2/28/09, but is optionally renewable for an additional 3-year term. Assets included are name, telephone numbers, all equipment and fixtures. Parking lot holds 100+ cars.

Competition: This sandwich shop makes the best cheesesteak sandwiches in the area, and is strategically located between a university town and metropolitan Lancaster. 40% of business is delivery, 60% is picked up by customers.

Growth/Expansion: Business could be expanded by adding other food products, by making sandwiches on a wholesale basis for fundraising events, and perhaps opening satellite stores in other local areas. Lancaster has a vibrant economy with little prospect of serious decline.

Financing: Seller will consider partial financing

Support/Training: Current management will remain for a limited time for training purposes.

Reason Selling: Hands-on owner lives quite a distance away, and has other interests.