$47,500 NET Absentee-Run Port Of Sub

Phoenix, AZ Maricopa County

Asking Price: $120,000

Annual Revenue: $415,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: $47,500 NET Absentee-Run Port Of Sub
Contact: Mike Darmo

Quick Facts

	Asking Price:	$120,000
	Annual Revenue:	$415,000
	Net Profit:	$47,500
	Cash Flow:	Not Disclosed
	Total Debt:	Not Disclosed
	FF&E:	$35,000
	Real Estate:	Not Disclosed
	Year Established:	Not Disclosed
	Employees:	5
	BBN Listing #:	80059836
	Broker Reference #:	Not Disclosed

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Business Overview:

If you are looking for a franchise opportunity that is ran efficiently where you dont have to be there and the place run itself then look no further. This Port of Subs has all the employees in place and sits in a very busy location with tons of foot traffic and has a great lease in place for where it sits at $5000 a month with all CAM's included which expires at 2029 and has a 5 year option after that. The franchise fees are pretty cheap compared to other sub franchises at only 8% of the gross income. There is 5 employees in place with a manager as one of them. The business also averages $35,000 a month in sales and the business needs to be ran by the owner to increase the net profit a month with a huge payroll as the owners are not involved with the daily operation. Run it yourself with a few employees and make an additional $5000 to $7000 per month. This is truly a turn-key operation that is priced competitively and these absentee-run franchise businesses don't last.

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Property Features and Assets:

1800 sq. ft. store front in a busy shopping center with frontage exposure to a busy street

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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