June 2021
Steve Josovitz of The Shumacher Group Sells Suwanee GA Penn Station East Coast Subs Profitable National Franchise
Steve Josovitz of The Shumacher Group Sells Suwanee GA Penn Station East Coast Subs Profitable National Franchise. The Shumacher Group, Inc. and Steve Josovitz represented Seller but guided both parties to a successful Closing.
Seller Info:
#3082
North Atlanta Franchise Sub Shop Restaurant for Sale.
Nationally anchored center.
Middle to high incomes.
High traffic.
1500/sf
Seating for 50.
Outdoor seating.
$3100 monthly rent all in.
$400,000 opening costs.
Fully hooded kitchen.
Absentee Out-of-Town Owners.
2019 Gross Sales $372,314.36
2019 Net Profit $$54,684.09
2020 Gross Sales $374,708.37
2020 Net Profit $87,245
Net profit is after all expenses and payroll.
Full Management and Staff ensures flawless transition.
Priced at $195,000