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Business For Sale
FRANCHISED SANDWICH SHOP+
Attn:
Marshall Davis
Green Valley/Las Vegas area, NV, USA
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Listing Number: "262475"
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Listing
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Asking Price: |
$220,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Health issues, Absentee owner |
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Year Established:
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2006 |
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# of Employees:
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4FT/3PT |
Business for Sale Overview:
The price has been drastically reduced from $300,000 to only $220,000 for a fast sale. All written offers will be considered. This is a very well known name franchise sandwich shop plus that opened in Nov 2006. The franchised was established in 1983, currently there is well over 4,000 locations nationally, and internationally. Due to the sellers unexpected health issues, he is absentee and is forced to sell. The value of the fixtures & equipment at *$187,865 is inclusive of $95,295 in tenant improvements. Included in the sale is the $25,000 franchise fee that the seller paid. Seating set up for 20. Financial information will be provided to serious qualified buyers. As is normal, the sale price is not inclusive of any fees charged by the franchisor, ie for training.
Property Features and Assets:
Located in a shopping center with a well known national mega retail store as an anchor tenant. The store is 1,300 sq ft and rents for $3,597 a month. Lease ends in 2009 with one five year option. They are open Mon thru Sat from 10AM to 9PM and Sun from 11AM to 8PM.
Market Competition and Expansion:
Per Entrepreneur Magazine: In 2006 - Rated #3 in Fastest Growing. Located in a very active shopping center in the sought after Green Valley/Las Vegas area. Newly opened location, with excellent expansion possibilities. High name recognition.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for 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.
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