Owner Financing is Available
Business Overview:
This is an exciting opportunity to take over a franchise sub shop for less than the cost of opening a new restaurant. Due to health issues, the owner has been unable to tend to the business. The restaurant has almost been running itself. With an owner dedicated to the success of the shop, this location should take off. The franchise has a proven track record and other nearby restaurants are thriving.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The restaurant occupies a space of 2,112 sq. ft. The rent was $55,530 annually, but was recently renegotiated to $3,500/month. The lease has approximately 1 year remaining, with extensions possible.
Support/Training: The franchise offers an outstanding training program. Present ownership will assist as is possible.
Market Competition and Expansion:
Competition: The restaurant is located in a shopping area with several other eateries, but no other sandwich/sub shops. There is lots of parking in this high traffic area.
Growth/Expansion: Health issues have prevented the present owner from being an active participant in the business. In recent months a family member has watched the till and the numbers have already improved dramatically. The franchise is a proven winner and should prosper in this location.
Reason for Selling:
Health.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.