Hot and Cold Subs a Family Institution

Listing Number: 0101-770280

Description

Miami's Iconic Sub Shop with 45 Years of Tradition! About 20% Cash Down to a Qualified Buyer Opens the Door to a Thriving Business, Boasting an Impressive Adjusted Net Profit Exceeding $250,000. For nearly half a century, this renowned Miami Sub Shop has been the go-to destination for mouthwatering hot and cold sandwiches, delighting generations of families and drawing devotees on a culinary pilgrimage. Now, the opportunity is yours to own a piece of this culinary institution. The comprehensive asset package encompasses a fully equipped kitchen featuring a grill with a hood system, two freezers, and ample prep and storage space. The property owner extends a generous offer of a new 5-year lease with options, exclusively available to qualified prospects. Dive into this thriving business with confidence, as the impeccable books and records have prequalified this family-operated gem for SBA lender financing.

Listing Details

• Price: $499,000
• Down Payment: $499,000
• Sellers Discretionary Earnings: $271,288
• Total Sales: $696,089
• Location: Miami-Dade County, Florida


• Inventory: $10,000
• FF&E: $75,000
• Employees: 2
• Year Established: 1977
• Reason for Selling: Retirement
• Category: Restaurants