Seller's Contact Information
- RE: Chattanooga TN Sub Franchise Price Reduction
- Contact: Steve Weinbaum
Quick Facts
| Asking Price: | $375,000 | |
| Annual Revenue: | $705,956 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $155,246 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 10 | |
| BBN Listing #: | 53868096 | |
| Broker Reference #: | 9366 |
Business Overview:
Profitable owner-operated sub Franchise for Sale in a surrounding Chattanooga area of Hamilton County, Tennessee. Last Few years Have experienced Double Digit Sales Growth with Annual 2022 Revenue exceeding $700,000 and Owner Discretionary Earnings of $155,000. Amazing Lease Rate and Low Cost of Goods Contribute to Strong Earnings Open and Operating For 10 Years. Should Qualify for SBA Lending. JUST IN...2023 year-to-date sales up over 4% with 2023 Earnings tracking at over $170,000. Don't Miss Out Have you ever dreamed of being your own boss? Owning your own profitable and successful sub franchise for sale is a great way to do it! This established and profitable sub Franchise for Sale is located in a very desirable high-traffic location in the Chattanooga surrounding area, with a lease rate well below current market rates at only $3000 per month for a 2700 square foot location that seats 60. Hamilton County is located in the southern part of East Tennessee on the border with Georgia with a population was 366,000 making it the fourth-most populous county in Tennessee. Its county seat is Chattanooga, located along the Tennessee River. Chattanooga is a great place to live for several reasons. Great weather, remarkable outdoor activities, events, festivals, hiking, rock-climbing, off-road tours, thriving nightlife and more. This sub franchise for sale location offered by the Restaurant Brokers is part of a national chain with over 300 locations throughout the United States as well as more than a dozen in the state ensuring strong brand recognition and loyalty in the marketplace. Expansion continues at a fast pace, so it's prime for a new owner-operator to quickly grow to a successful multi-unit owner. This sub franchise for sale concept differentiates itself by providing both hot and cold sandwiches and sides, along with other fresh offerings. Featured in industry publications such as Nation's Restaurant News, and on Fastcasual.com for their Loyalty Program App, this is a brand you can have confidence in. A winning combination of Franchise and Owner training will prepare you for success. Along with the owner operator is a staff of around ten full-time and part-time employees. For less than the cost of a building a new store, you can take over this turn-key location and start earning an average of $14,000 per month. Contact your restaurant brokers today. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
automatic slicer ice machine True 27in weigh table Rankin 60in Griddle True 4ft Bread Table Lincoln Conveyer Oven True 5ft staging Table True Display Fridge 60in Flat top fridge 93in flat top fridge Freezer safe potato cutter Dean Fry System with heat lamp Timer lemonade dispenser lemon squeezer 3 compartment sink hand sink paper holder Assorted wiring shelving Seating for 60 Serving Line cashier station beverage counter potato bin grill stand conveyer oven stand Trash cans
Market Competition and Expansion:
The current and future negotiated rental rate is incredible. Currently the rent is $13.45 a sq.ft. including triple net. with a 5% increase in 4.5 years. Since opening in 2012 we have absorbed every competitor you can think of and our sales is growing. If
Reason for Selling:
Health
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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