Established ICONIC Deli & Sandwich Shop

Asking Price$575,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$777,000

InventoryNot Disclosed

FF&ENot Disclosed

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Established ICONIC Deli & Sandwich Shop


Asking Price$575,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$777,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Imagine owning an iconic piece of Philadelphia food culture! This Steak and Hoagie franchise in the bustling Philadelphia Premium Outlets represents everything you'd want in a food business - a beloved brand, prime location, and impressive financials that practically run themselves.

You'll be acquiring a nationally recognized cheesesteak destination that's been serving authentic South Philly flavors since this location opened in 2020. Picture yourself owning the only genuine Philly cheesesteak concept in one of the region's highest-traffic shopping centers, where millions of visitors come through your doors annually.

Here's what makes this opportunity special: You're looking at $776,426 in 2024 revenue with a strong $268,118 in seller's discretionary earnings. The three-year average SDE sits around $274K, and at the asking price of $575,000, you're getting a 2.14x multiple - that's exceptional value in today's franchise market.

What you'll love most? This business practically runs itself. You'll only need to work about 8 hours per week on administrative tasks while your experienced full-time manager handles everything else. The 638 square foot food court location is fully optimized with self-service kiosks that streamline operations and keep labor costs lean.

Your customers will keep coming back for those famous cheesesteaks, roast pork sandwiches, chicken cutlets, and gyros - all made with premium ingredients and fresh-baked rolls that Tony Luke's is known for. You're not just buying a restaurant; you're investing in a brand with serious regional loyalty and outstanding online reviews.

The location gives you built-in advantages too. You'll be surrounded by national brands like Wendy's and Sbarro, but you'll stand out as the authentic local favorite. The steady foot traffic from shoppers, tourists, and locals means consistent daily revenue.

With franchise training included plus two weeks of seller training, you'll be fully prepared to step into ownership. The turnkey operation comes complete with established systems, loyal staff, and a proven business model.

This is your chance to own a piece of Philadelphia's food legacy while building wealth through a stable, profitable business. The numbers speak for themselves, but the real opportunity is joining a brand that customers genuinely love.
About the Business
Years in Operation
6
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
638
Listing Info
ID
2491277
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Business Listed by: Nick Tosti MTG Mergers and Acquisitions

Listing ID: 2491277 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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