22-Year Sub and Pizza Shop

Greensboro, NC (Guilford County)

Seller Financing Available
22-Year Sub and Pizza Shop
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Asking Price: $100,000

Cash Flow: $50,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $3,800 /Month

Established: 1996

22-Year Sub and Pizza Shop

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Business Description

In a great location near downtown Greensboro, this casual eatery has been in business for 22 years and specializes in high-quality subs, pizzas, salads and wings.
Business does about 500,000/yr. and makes the owner about 50K.
8 more years left on the lease, which is $3800 (all-inclusive) for 2,000 sq. ft.
All FFE (Fixtures, Furnishings & Equipment) goes with the sale.
Two weeks of training included in the price.
Seller will consider financing with 50% down.
Business needs to be freshened-up and re-invigorated by the new owner and $120K price has been reduced to $100K to allow for improvements.

Detailed Information

Location:
Greensboro, NC
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
4Ft; 2pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large dining area with order counter. No alcohol or bar. Walk-in fridge and freezer. Pizza ovens, mixer, and other standard kitchen equipment. Plenty of good parking, but lots of walk-up business.Thriving and safe area.
Competition:
An excellent prosperous area with other restaurants nearby in this eatery area.
Growth & Expansion:
The place needs to be updated and improved but has proven itself over the years.
Support & Training:
Up to two weeks of training included in the sale price.
Reason for Selling:
22 Years has been long enough.
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BROKERAGE HOUSE

Business Listed By:
Ben Haines

BH Business Brokers Mergers and Acquisitions

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