- Operating continuously since 1967 — over five decades of brand equity and repeat clientele
- Four revenue streams in place: dine-in, pickup, delivery, and catering
- Trailing-year SDE of $127,264 on $622,746 revenue; prior-year SDE of $180,179
- Owner-operator model with trained staff — 3 part-time associates and 2 full-time delivery drivers
- High-visibility location in the Trenton/Princeton NJ MSA
- Implied multiple of roughly 1.7× SDE — priced to move
Business Overview
A rare chance to acquire a true neighborhood institution: a specialty sandwich and hoagie shop that has served its market continuously since 1967. The business runs a proven four-channel model — dine-in, pickup, delivery, and catering — with a loyal repeat customer base built over five decades.
The current owner operates and manages the business with a trained team of three part-time associates and two full-time delivery drivers, presenting a straightforward transition for an owner-operator buyer.
The business identity, complete financials, and lease details are released to qualified buyers upon execution of the confidentiality agreement.
Financial Summary
| Prior FY | Trailing Year | |
|---|---|---|
| Gross Revenue | $622,746 | Full P&L after NDA |
| Cash Flow (SDE) | $180,179 | $127,264 |
| Asking Price / SDE Multiple | ≈1.7× | |
SDE = Seller's Discretionary Earnings: pre-tax earnings before owner compensation, interest, depreciation, amortization, and one-time expenses.
The Details
Growth & Expansion
Growth levers include extended hours, third-party delivery platform expansion, corporate catering development, and marketing to the area's large commuter and office population.
Location & Market
Located in the Trenton/Princeton NJ MSA — a dense, year-round market with strong lunch and catering demand from offices, schools, and residential neighborhoods.
How to Proceed
- Sign the Mutual NDA and complete a brief Buyer Profile.
- Receive the CIM — the complete Confidential Information Memorandum with full financials.
- Buyer call with the broker — questions answered, site visit arranged.
- Offer / LOI — we manage negotiation, due diligence, and closing.