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Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $1,062,518 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $193,555 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 16 | |
BBN Listing #: | 2438096 | |
Broker Reference #: | 8509 |
Business Overview:
Become your own Boss with this Firehouse Subs for Sale that is delivering earnings of nearly $110,000 to its current owner operator and producing sales of over 1 million! No need to start from scratch and spend the money, time, or hassles of waiting on a build out to be complete. Lending is no problem with numbers this great, as little as 20% down could get you qualified for SBA Lending! Be ready to go from day one with this Firehouse Subs for Sale! Fully equipped, open, operating and ready for a new owner, don't miss out on taking advantage of a steady stream of loyal customers. But don't take it from us! Reviews for this successful store rave about the welcoming staff, as well as their cleanliness and delicious food. Are you looking for lending? This opportunity is ready for lending with 20% down. We Sell Restaurants has excellent contacts for both SBA and conventional lending. We'll have you approved in days, not weeks! This money making store has a strong location in this DC suburb. The current owner speaks of its pros: lots of traffic, a densely populated area surrounding the restaurant, and large catering sales thanks to the local businesses. Full occupancy cost for this Firehouse Subs for Sale is $14,500, per month which is covered by the large volume a lower rent structure will be available to the new owner (approximately $11,000 per month including all extras). The term is up for renewal on November 1, 2037 and 1,850 square feet is the right size for an easy operation. Simple to operate Firehouse Subs for Sale is turnkey ready to continue sales of $1,052,335 under your ownership as 16 employees are willing to remain in place after the sale. You get the benefit of a major brand in the quick service space that is producing strong results. Enter into one of the most extensive training programs in the nation with more than 8 weeks of hands on support as you learn the process. Buy this Firehouse Subs for Sale opportunity offered by the restaurant brokers with royalties of only 6% of sales. The marketing fee is just 5% of sales and you get the benefit of a national brand with more than 1,100 units across the U.S. working to optimize potential, profitability, investment, and each franchisee's success. This is a brand with an ever-growing history of innovative products, a focus on exceptional customer service, and a one-of-a-kind brand identity. The franchise transfer fee is $10,000.00. This amount covers your training, along with the legal work to assign the remaining term of the franchise agreement and all option years to you. Buy this Firehouse Subs for Sale today, and begin taking home money in your own business! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
Steamer7 Make line2 Ice Machine1 Glass Door Refrigerator1 2 door reach in1 3 door reach in1 Slicer1 Cookie oven2 Toaster2 APW2 Smart Car Wrapped1 Tables24 Chairs48 Outdoor Furniture2 sets Shelving6 Office Computer1 POS Hardware4
Market Competition and Expansion:
This store does large catering in and around Washington DC. It is currently the #1 catering location in the Firehouse Subs system.
Reason for Selling:
Relocation
Additional Details:
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