Business Overview:
Yes the price is correct, $40,000. That price even includes the franchise fee. The franchisor is looking for a new franchisee with energy that wants to grow the sales of this location. In the past this location did over 12k per week in sales. The company is known in the Philadelphia area for the over stuffed hoagies and steaks. They also sell a full line of wraps, salads and wings. A typical location will do over 69% of their business during lunch. The operating systems area very simple and the end product is great. The franchisor does a great job promoting the brand in the local area. If you are looking for a great deal and don't mind rolling up your sleeves then this location is for you. The franchisor will provide initial training and full support and will even provide a reduced royalty for the first year.
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:
Located in a busy shopping center with a great anchor. The location is over 1600 sq. ft. with a rent of approx. $3200 per month. All equipment is in working condition. The location will require some paint and some updated decor items. There is seating for 40 people.
Market Competition and Expansion:
Location is in a great area of Montco with plenty of homes and offices within 2 miles. The current owner has done NO marketing or advertising. There is plenty of upside for a new owner.
Reason for Selling:
Pursue other ventures
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.
Resources: