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#Business ID: 13722

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Sandwich shop in University setting. Asking $ 49,000

Business Location: Ft. Lauderdale, Florida, United States

Asking Price: $ 49,000 Revenue: $ 100,000 Cash Flow: $ 38,000

[Furniture / Fixtures included]

Business Summary

Soups, salads and sandwiches are the mainstays here. This is the administration building for a large university in Ft. Lauderdale. About 400 staff, teachers and officers as well as a very active call center are located. here. Personality is important because there is constant face-to face contact. Close at 3:00 and open five days a week. Several contiguous buildings are a source of super growth for this business as they are easy to reach and without their own food service. The executives in the building have very frequent meetings which require catering, e.g., bagels, coffee, sandwiches, etc.
There is a huge upside here for an ambitious person.

Property Details

Years Established:

1998

FF&E:

$ 25,000

Inventory Value:

$ 2,000

Other Business Details

Premise Details:

Small but efficient kitchen with a portable hood. A few inside seats but just outside the door are 45 plus seats with tables in a covered picnic area. Most customers take their food back to their office or outside to the picnic area. Rent is $ 2,300 and includes almost everything.

Competition:

No food competition in the building or the abutting buildings.

Expansion Potential:

An ambitious person could implement a delivery service. There are several large neighboring office buildings with no food service.

Business Operation Details

Employees:

2

Support & Training:

Seller will train for two weeks after closing at no charge.

Miscellaneous Details

Financing Available:

Yes
Cash sale but some financing possible to a qualified buyer.

Reason For Selling:

Pressing personal problems.

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