Restaurant – Deli Sub Shop

Location: United States -> Iowa -> Des Moines
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale Summary

RESTAURANT: Sub Shop: This deli sandwich shop for sale offers top quality meats and toppings for their special type of sub sandwiches. Soups of the day are offered from a selection of gourmet choice of prepared soups ranging from lobster bisque to country potato. Customers can either eat in the restaurant or ”have an order to go” for all menu items. The business does offer catering services and has the equipment for the serving of soups at the customer’s location. Current business hours are 10:00 am to 3:30 pm Monday through Friday. Not open on Holidays or weekends. Located in a busy Iowa city.

Financials

Asking Price Range:  < $250K
Gross Revenues:   $120,696
Cash Flow:   $22,949
Cash Flow Type:  EBITDA
Inventory:  $94,620
Seller Financing:  No

About The Business

Year Established:  1997
Number of Employees:  1 – 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  One week fulltime, with assistance during the noon hour for one week and then by cell phone for 60 days.
Reason For Selling:  Other interests.