Business Summary:
Fresh, made to order Philly Cheesesteak concept specializing in made to order grilled sandwiches, fries and lemonades. The restaurant focuses on freshness and cooking in front of the customers with a mission of providing a great experience every time. They pride themselves in serving foods that they are proud to serve to their family members. Lastly, they treat both the customers and team members as family members.
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| Year
Business was Established: 2013 |
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| Number of Employees:
2 FT/8 PT |
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| Facilities / Terms of Lease:
It is located inside of a busy shopping mall in the food court. It has a footprint of +/-902 SF. Counter space up front is +/- 24'3". |
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| Potential
Growth/Expansion:
Better staffing levels, sampling consistently, marketing, more delivery opportunities (one of the lowest delivery rates within their portfolio of locations). There is also great opportunity to reduced costs by the owner being present day to day. |
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| Competition:
The main competitors are the immediate tenants in the food court. However there are no direct competitors of grilled subs/Philly Cheesesteak. The closest competitor within the food court would be A&W who are more competitive in pricing and have good long-term employees. Mostly, it is a captive audience and if the new operator focuses on sampling and marketing to capture a larger share of the customers in the food court (both of which we have had a hard time doing due to staffing challenges) – it could lead to strong double-digit sales.
Outside of the mall the biggest competitors will be sandwich related concepts such as Firehouse subs/Arby’s or Panera bread all of which are within half a mile from us. New operators can market and use more local delivery platforms to grab more of the sandwich business from the outside of the mall. |
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| Owner
willing to train:
Will train for 2 weeks @ $0 cost. |
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| Reason for selling:
Owner is absentee and lives on East Coast. Looking to sell this from his portfolio of businesses. |
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Seller Reference Number: 4102-18202
BusinessMart.com Listing Number: 306621 |
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