Heart of Downtown Fort Lauderdale

Asking Price$250,000

Cash Flow
$21,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$250,000

Inventory$60,000
Included in asking price
FF&E$120,000
Included in asking price
Outside seating areaSave

Heart of Downtown Fort Lauderdale


Asking Price$250,000

Cash Flow
$21,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$250,000

Inventory$60,000
Included in asking price
FF&E$120,000
Included in asking price
Business Description
Step into a legacy of flavor and community with the rare chance to purchase a beloved, independently owned sub shop that has been a cornerstone of our community since 1975. This isn't just a business; it's a deeply ingrained local institution, celebrated for its delicious food, friendly atmosphere, and unwavering commitment to quality for nearly five decades.

Why is this the perfect opportunity for you?

Established & Proven Success (Since 1975): Skip the uncertainty of a startup. With almost 50 years in business, this sub shop boasts a demonstrated track record of profitability and customer loyalty. We've weathered economic shifts and trends, proving the enduring appeal of our product and service.

Built-in Customer Base: You're not just buying a business; you're inheriting generations of loyal patrons. We have a dedicated following of regulars, from daily lunch crowds to families who've made our subs a tradition. This built-in demand translates directly into immediate revenue.

Prime Location: Strategically located in a high-traffic area, the shop benefits from excellent visibility and consistent foot traffic.

Operational Simplicity: A sub shop offers a straightforward business model with manageable inventory, proven recipes, and efficient operations. This makes it an ideal acquisition for both seasoned restaurateurs and aspiring entrepreneurs looking for a stable and profitable venture.

Scalable Potential: While already successful, there's ample room for growth. A new owner could explore catering opportunities, online ordering expansion, loyalty programs, or even extending operating hours to further boost revenue. You may want to change it into your dream shop, endless possibilities.

Turnkey Operation: The business comes fully equipped with all necessary kitchen equipment, established supplier relationships, ensuring a seamless transition for the new owner.

Community Gem: This is more than just a place to eat; it's a community hub. Owning this shop means becoming a part of the local fabric, continuing a tradition that resonates deeply with residents.
About the Business
Years in Operation
50
Employees
4
Facilities & Assets
Located in the Riverwalk parking garage where's plenty of parking. 2 blocks south to Las Olas and the only sandwich shop in 1 mile radius. A stable in the community for over 50 years.
Website
https://www.mrnickssubs.com
Market Outlook / Competition
Pizzeria, Cuban shop & Sushi
Opportunities for Growth
Change to the concept to what the market is asking for. You have everything you to do so here. All of the impact fees have been paid for, and all you need to do come with your dream idea.
Real Estate
Owned or Leased
Leased
Rent
$4,200.00 per month
Lease Expiration
11/24/2029
About the Sale
Seller Motivation
Want to retire and move out of state
Transition Support
Will remain if needed for 2 weeks for training.
Financing Options
No financing
Listing Info
ID
2360264
Listing Views
355
Business Location

Contact Seller

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Business Listed by: Gaylynn James

Listing ID: 2360264 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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