$111K Earnings for Biddeford Maine Firehouse Subs

Biddeford, ME
York County


Asking Price: Annual Revenue:
$250,000 $925,228

Food & Beverage: Restaurants, Fast Food, Deli


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RE: $111K Earnings for Biddeford Maine Firehouse Subs Broker: Robin Gagnon

Quick Facts

Asking Price: $250,000
Annual Revenue: $925,228
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 15
BBN Listing #: 89168096
Broker Reference #: 9102

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Business Overview:

The Firehouse Subs Franchise for Sale is located on a prime commercial highway in Biddeford, Maine. All the major shopping, restaurants and services are located in this area. Biddeford is a thriving community currently experiencing a revitalization of its downtown area. It is also home of the University of New England, Southern Maine Medical Center, easy access to southern Maine communities, Kennebunkport, Ogunquit, Wells and Kittery. .

This Firehouse Subs Franchise for Sale is an established national brand and well known in New England. This restaurant has been profitable since day one. Sales for 2021 exceeded $920,000 with return to owner of $111,131.

Sales for 2022 show continued growth with expected profits to exceed 2021 numbers. There are plenty of reasons for buying an existing franchise like this Firehouse Subs Franchise for Sale. As a franchise the financial results are verifiable, the security of existing cash flow and a proven location. Moreover, with employee staffing challenges faced by many businesses today, Firehouse Subs Biddeford has a well-trained staff in place operating seven days a week 10:30am-9pm. The Restaurant Brokers at We Sell Restaurants will be happy to help you through the entire buying process!

This Firehouse Subs Franchise for Sale is housed in an 1,800 square foot space with a lease rate of $6,395.92 per month including the base rent, plus CAMs, taxes, insurance and maintenance charged by the landlord. The lease is assignable. Lease was executed in 2015 for a 10-year term with two five-year options to extend. Monthly Base rent for years 1-5 is $4650, Years 6-10: $5115, Years 11-15: $5626 and years 16-20: $6189

All financials, lease documentation, complete list of FF&E on this Firehouse Subs Franchise for Sale are available for review by any qualified buyer.
For any buyer who is not a Firehouse Subs franchisee, the owner will provide on-site training as well as certification through Firehouse corporate in Jacksonville, Florida. This restaurant has served as the official training restaurant for all New England based franchisees.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

3 48inchL x 30inchW Worktable w stainless steel shelf 3 72inchL x 30inchW Worktable w stainless steel shelf 1 72inchL x 30inchW Worktable w stainless steel shelf 22 Casters Expandable 5 Shelving Epoxy Green 14 Wall Shelf Green Epoxy 4ft 7 Wall Shelf Green Epoxy 6ft 21 Green Epoxy Brackets pair 48 RED STACKABLE CHAIRS COMPLETE WITH SEAT CUSHION 24 24inch x 30inch Tabletop & Base 48 Table Base Black 2 24inch x 48 inch ADA Tabletop & Base 4 Table Base Black ADA 2 Trash Cabinet New Style w Diamond Plate Front 2 Trash Liner 35 GAL 2 High Chair w Safety Straps Natural in color 2 Exterior lighted signs 3 Pendant Lights 1 Menu Boards 1 EZ Slicer II 1 EZ Slicer II Cartridge 3 Deli Paper Sleeves 1 Bowl & Lid Holder 1 Custom Sauce Rail 1 Dunnage Rack 1 Utility Cart 2 Baby Changing Station 1 Millwork 2 Outdoor Tables 4 Outdoor Chairs 2 Umbrella Stand 1 Firehouse Menu Board 2 1 Compartment Sink 1 3 Compartment Sink with Drainboard 1 1 Compartment Sink with Drainboard 2 Add on faucets 1 Pre Rinse Flex hose 1 Cambro Pan Ware 1 Utensils Assorted 2 Napkin Dispensers 1 Condiment Organizer 1 Ice Tote 1 Metal Scoop & Holder 5 Wall Hugger Trash containers 4 Bus Tub 2 Exterior lighted signs 1 Pylon Panel Signage 1 Refrig Make Table 72inch Red 12ft cut baord 30 1 6 sz pans 6inch dp 1 Refrig Make Table 48inch Red 12ft cut baord 18 1 6 sz pans 6inch dp 1 ice machine & Bin 1 Bzierba Auto Slicer 1 Cookie Oven 1 Single Section Glass Door Right Hinged Refrigerator w Firehouse Subs Logo 1 Two Section Reach In Freezer 1 One Section Reach In Refrigerator 1 One Section Reach In Refrigerator 1 One Section Reach In Refrigerator 1 Two Section Reach in Refrigerator 1 Conveyor Toaster 208 30 1 Metal Elements RIGHT to LEFT 1 Conveyor Toaster 208 30 1 Metal Elements RIGHT to LEFT 1 Toaseter Stacking Kit 9 Roundup Countertop Steamer w Timer & Direct Water Hook Up OR Portable 120V 6 Roundup Regulator Kits 6 Dual Water Pressure Kits 12 False Bottoms 12 Round Up Pans 1 Countertop Food Warmer 1 Digital Portion Scale 1 Digital Receiving Scale 1 Digital Portion Scale 1 Edlund Power Scale Supply 1 Microwave Oven 1000 watts 1 Rinnai Hot Water Heater 1 Ice Tea Maker Bunn 2 Radiant POS System 1 Dell Desktop 1 HP Printer 3 HP Receipt Printer 1 Toshiba TV 1 ViviO Tv 1 Coke Freestyle Machine 1 ADT Security System

Market Competition and Expansion:

Great store that has been training store for all new franchisees in New England

Reason for Selling:

Retirement

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.

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