Business Summary:
A Blimpie Subs and Salads Franchise Restaurant located in a prime area of Bergen County, New Jersey and very close to the New York Giants Stadium. Blimpie Subs, founded in 1964, is widely known throughout the US and popular for its mouthwatering, delicious submarine sandwiches. This particular franchise store is located near the Meadowlands arena, adjacent to many other commercial businesses. The store has a heavy intake of daily traffic and attracts large crowds due to the quality of the sandwiches and the health conscious menu. The current owner is absentee and cannot dedicate the appropriate time to this location, however, the store produced over $300,000 in sales this past year! This is an excellent investment for any individual looking to enter a booming franchise industry!
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| Year
Business was Established: 1991 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
Business facility is located on a main county road and consists of 1,200 square feet with an indoor seating capacity for 32 customers. Parking for 12 vehicles is available onsite and part of the lease. Seller will provide a new ten year lease plus an additional five year option. The seller will also provide an option on the purchase of the real estate property, which is available through our real estate division. |
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| Potential
Growth/Expansion:
With onsite ownership and improved service, this business can be further developed. |
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| Competition:
No similar fast food businesses exist in this particular area. |
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| Owner
willing to finance:
Seller financing is available for a qualified buyer. |
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| Owner
willing to train:
Seller will provide a complete review period. Subject to franchise approval. |
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| Reason for selling:
Absentee ownership and Relocated out of State. |
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Seller Reference Number: 104
BusinessMart.com Listing Number: 42605 |
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on this business
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