12 Yrs Very Busy Restaurant Sub Shop

Sunrise, FL (Broward County)

12 Yrs Very Busy Restaurant Sub Shop
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Asking Price: $60,000

Cash Flow: $37,000

Gross Revenue: $265,000

EBITDA: $37,000

FF&E: $12,000

Inventory: N/A

Rent: $1,400 /Month

Established: 2006

12 Yrs Very Busy Restaurant Sub Shop

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Business Description

12 Yrs Very busy restaurant and sub shop, 95% of the business is delivery. Open Monday to Friday 7.30am -3.30pm only, the current owner is not involved in the operation, with an owner operator involved and increasing business hrs the profit can be much higher. Average sales per day are $1,000 with Mondays and Tuesdays usually a bit slow and Thursdays and Fridays very busy. The business located in a commercial and industrial area with huge residential too so it is not affected by seasonal period. Easy hrs and operation with full staff in place of 3 inside person and 3 drivers.
Full American menu add Pizza and close the door at 8.30pm you can almost duplicate the profit.
Very long lease in place 10yrs + 10yrs option and, the rent is already paid till the end of May 2019 so the new owner will start to pay rent June 2019,
The rent including water is $1,400, Landlord very easy person just require 1 month deposit no last.
The business doesn't look pretty but it is very organized and productive with a no owner operator Net profit of $3,000 per month with no stress.
LICENSE IS RESTAURANT WITH NO SEAT.

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Detailed Information

Location:
Sunrise, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
8/31/2038
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
ASSET $12,000
Competition:
3 MILES NO COMPETITION
Growth & Expansion:
The actual menu is full american food, add Pizza and close the door at 8.30pm and you can almost double the actual net of $3,000 per month with no owner operator
Support & Training:
TBD (2 weeks at no cost)
Reason for Selling:
other interest
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Business Listed By:
ALFREDO

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