Six-Figure Earnings Two Virginia Beach Firehouses

Virginia Beach, VA
Norfolk City County


Asking Price: Annual Revenue:
$295,000 $1,034,905

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Six-Figure Earnings Two Virginia Beach Firehouses Broker: Robin Gagnon

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,034,905
Net Profit: Not Disclosed
Cash Flow: $109,260
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 16
BBN Listing #: 27598096
Broker Reference #: 7805

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Business Overview:

Purchase these two Firehouse Subs Franchises for Sale and enjoy great earnings of $109,000. No need to build a new location or start from scratch when you can buy two profitable stores in Virginia Beach today! SBA lending will be no problem on this money-making package! These two Firehouse Subs Franchises for Sale are ready to go! No need to start from scratch, when you can buy these two locations that are earning an impressive $109,000 today. We Sell Restaurants knows you want to own your own business but worry about the late nights of the restaurant industry. No worries here! These Firehouse Subs Franchises for Sale offer no late nights by closing at 9pm daily. Enjoy impressive six-figure earnings and have a great quality of life with this simple to run concept. The use of their trademark, processes, and systems are part of the success of these Firehouse Subs Franchises for Sale. Royalties are 6% and are charged on sales. The marketing to promote this brand across the country is 5% of sales. Firehouse Subs is an award winning brand which is why these stores are delivering $109,000 and combined sales of just over $1 million. These two Firehouse Subs Franchises for sale are ready to go for you from day one. Close one day, and you are in business the next. You will never miss a sale, or have any downtime because these two stores are truly turn-key. Complete with tables, chairs, toasters, prep-tables, all the branding, smallwares and more! It's all there, all you need is the key! Both locations are in prime spots in Virginia Beach and are part of the reason of their success. One store is located in a 2,000 square foot space, and the other is housed in a very manageable 1,800 square foot location. With all in rent of just $3,593 and $6,186, including CAMs these Firehouse Subs Franchises for Sale are an incredible opportunity. The assignable lease terms are valid through 2021 and 2023 which includes the initial lease term as well as the five-year options to renew. Verifiable results, the security of existing cash flow, and TWO proven locations should be enough to make you want to hurry and purchase these Firehouse Subs Franchises for Sale. But if those aren't reasons enough, how about lending? This two store package will have no problem qualifying for SBA lending. Just bring 30% to the table and your own good credit and experience and you can own these two locations with payments spread over a ten-year term with market rates. Don't let this two store package of Firehouse Subs Franchises for Sale pass you by! Contact the Restaurant Brokers today!

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Property Features and Assets:

Full Equipment list on file Star Toaster Oven Aj Antunes Steamers 6 4 Ft. True sandwich table 6 Ft True sandwich table Display Cooler single door Double door Freezer POS System 2 terminals Back Office Computer Ice Machine 500# Bin Ice Dispenser counter top Stainless Steel Work tables (5) Storage Shelves racks 7 Sets Meat Slicer 3 Compartment Sink Hand Sinks 2 Tables and chairs for seating for 60 guest Customer counters for beverage service Safe Smallwares, food prep equipment Cookie Oven Microwave

Market Competition and Expansion:

Simple to operate group of two franchises for sale are turnkey and ready to continue sales of over 1 Million under your ownership - generates over $100,000 in EBITDA. - NO LATE NIGHTS - closes at 9 pm.

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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