Business For Sale

Existing Franchise for Sale - High Traffic Mall

Reading, PA
Berks County


Asking Price: Annual Revenue:
$99,000 $419,263

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Existing Franchise for Sale - High Traffic Mall Broker: Eric Gagnon

Quick Facts

Asking Price: $99,000
Annual Revenue: $419,263
Net Profit: Not Disclosed
Cash Flow: $20,035
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 10
BBN Listing #: 26468096
Broker Reference #: 6177

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Business Overview:

Buy this existing franchise for sale. Great location nearby Philadelphia in mall location at outstanding rent! Owner is relocating and he says sell! Gross sales of $400,000 per year and priced to move!

This existing franchise for sale opportunity generates annual sales of $400,000 in a great location. Join a strong national retailer line-up with this existing franchise for sale located in the most affluent area of Reading Pennsylvania. Be part of the only regional mall between King of Prussia and Lancaster. Join brands like Aeropostale, Finish Line and Gap in a nearly 800,000 square foot regional mall that draws traffic from a large area.

The fully equipped kitchen includes heated counter tops, portion control scales, a steamer, slicers, refrigerated merchandiser and everything else perfect for cooking up the menu at this existing franchise for sale offered by We Sell Restaurants. This 2471 square foot unit has monthly rent including CAMS, Taxes and Insurance of just $4125.61. The lease will expire in December 2023

The current owner is selling due to relocation. His loss is your gain. With their strong brand identity, exceptional franchisee relationships, and passionate executive team, this existing franchise for sale is perfectly poised for growth.

This easy to operate location has 2 full time employees and 8 part time employees in place who will remain after the sale. An existing franchise for sale like this one means you get the support and training of a major brand and no headaches in building and find the right location.

Full training program includes 6 weeks training directly from the brand itself along with ongoing support by Area Managers. Training is included in the $10,000 transfer fee charged by the brand and also covers the remaining term of the existing franchise for sale agreement along with all options to renew. Royalties are just 6 percent of sales, and marketing fees are only 4 percent.

Operating hours are just 10:30 AM - 9:00 PM Sunday through Monday and 10:30 AM - 9:30 PM Friday and Saturday.

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:

Sandwich/Salad prep meg top Food pans Cutting boards Sandwich/salad mega top 2 door Cutting board brackets Refrigerated merchandiser Caster for refrigerators/Freezers 2 door reach in refrigerator Conveyor toaster stacking kit for holman toaster Stainless steel worktables casters w/out brakes for tables casters w/brakes for tables shelving posts electronic portion control digital scale vegetable slicer base for slicers and shredders tomato slicer blade assembly deli paper sleeves deli wrap holder display rail warmer countertop microwave chemical dish machine utility cart chairs and cushions custom tabletops bases columns paint handicap sign trash cabinet mats high chairs w/safety straps menu boards sinks pre-rinse unit faucets hand sinks steamer

Market Competition and Expansion:

Located in Wyomissing, the most affluent area of Reading, PA and ideally located on US 422. Part of the only regional mall between King of Prussia and Lancaster.

Reason for Selling:

Relocation

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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