National Sandwich Franchise for Sale in NY

LISTING ID # 35730

This national sandwich franchise has been in the same location for 26 years! Drastic price reduction!. The seller will entertain any reasonable offer. Only open 5.5 days per week! This is an industrial park location. It is open M-F 10am-8pm, Saturday 10am-3pm and closed on Sunday. This a rare find for a food service franchise. The current owner is looking to retire after owning this store for the past 8 years. They see a very heavy lunch business from 11AM to 2PM. The store needs two employees during that period, and only one at other times. They offer no breakfast and limited catering. There is a huge upside right there. This should help sales grow, immediately. In the past year, gross sales were approx. $250,000.00, with a net income of approx. $57,000.00, for an owner/operator and 2 P/T employees. The current owner only goes in 3 hours per day, 4 days per week. There are 8 years left on the current lease, with only 3% annual increases. The rent is 3,400/mth. That rent includes taxes, CAM, garbage and water! We are seeking a serious and financially-qualified buyer with at least $58K in liquid funds to cover the asking price, plus $8K for the rent security. Ideal for a husband/wife or family to run together. To learn more, please call the broker. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!