Jersey Subs

Price: $625,000

Location: Kenai, Soldotna & Kasilof Alaska

Industry: Restaurant/Fast Food

All 3 of the Jersey Subs locations on the Kenai Peninsula are now available for sale. These Business locations offer great name recognition, repeat customers, and fantastic food. The Kenai location just added a Beer & Wine License with plans to add Pizza sales to the menu. Adding these two additional items should show a huge increase in sales over the coming months.

Listing Details

Total Sales: $973,000

(Included in Price)

Terms and Conditions?:

Seller is selling all 3 Jersey Subs locations as a package deal. All FF&E's are included in the purchase price.

Reason For Sale:

Owners are wanting to retire

Training & Support:

Selles are willing to help train a new buyer during the transition. Terms to be negotiated per contract.

Operation

Year Established: 1994

Employees: 10

Managers: 3 plus the 2 owners

Location

Lease Option: No

Monthly Rent: Kenai @ $1880, Soldotna $995.00 and Kasilof $1000

Type of Location: Stand Alone, Strip Mall & 2 Unit Retail Building

Relocatable?: Yes

Facilities Information:

3 different locations on the Kenai Peninsula.

Summary

Historical Summary:

Year of Operation: Kenai store location for 14 years, Soldotna store 23 years, and Kasilof store 26 years.

Competition:

Jersey Subs in the best know Sandwich restaurants on the Kenai Peninsula.

Potential Growth:

Jersey Subs has great name recognition and could be expanded into different areas of Alaska or expanded as a Franchise

Financing/Terms:

Owner financing available with terms acceptable to Sellers.