0 Sandwich Shop For Sale Riverview Fl Sales Over $636 000 Riverview, FL 33578
This thriving sandwich shop, established in 2012, presents a fantastic opportunity for ownership. Located in Riverview, Florida, this 1,600 square foot, fast-casual restaurant boasts impressive sales exceeding $637,946 in 2023, generating a net profit of $94,286. The lease, currently in place, extends until June 30, 2033, offering long-term stability. The monthly rent is $3,290. The business is fully equipped with all necessary commercial kitchen appliances, including ovens, a meat slicer, walk-in cooler and freezer, and ample refrigeration for food storage. The seating capacity is substantial, with 47 seats accommodating indoor dining. The shop is currently staffed with nine employees, and the current owner will provide two weeks of training for a smooth transition. This is an asset sale, and inventory is not included in the asking price of $399,999. The business is situated in a busy shopping center, benefiting from high visibility and a strong customer base. Riverview's rapidly growing population, fueled by new residential developments and proximity to Tampa, ensures continued demand. This turnkey operation is ready for a new owner to step in and continue its success story. The seller is motivated and is selling due to pursuing a new career. This is a franchise business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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