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Business For Sale
SUB SANDWICH SHOP - FRANCHISE
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Asking Price: |
$198,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Yearly Revenues:
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$484,164 |
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Yearly Cash Flow:
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$75,792 |
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Yearly Gross Income:
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$484,164 |
Business for Sale Overview:
The franchise has 5,000 stores offering quality made to order sub sandwiches, salads, soups and related items. The restaurant has an established base of repeat customers and through both local and national advertising efforts the store continues its growth.
Fresh quality ingredients, prepared to order, at moderate prices have helped to establish the brand. All equipment instrumental to the operation of the business is included in the sales price. The business includes all furniture, fixtures, equipment, (per list), $6,500 of product inventory, trade name, covenant not to compete, and training is offered for sale $198,000. The seller will finance 10% of the sales price and it is anticipated that bank financing would be available for the balance with a down payment of approximately $40,000.
Property Features and Assets:
The business is well located in approximately 1,500+/- square feet of leased space.
Market Competition and Expansion:
The businesses market share is increasing due to the company's reputation for high quality products, competitive prices and timely performance.
Additional Details:
- The property is leased.
- The owner is 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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