Seller's Contact Information
- RE: 9 Unit Franchisor With 4 Corporate Locations
- Contact: Bob Steinberger
Quick Facts
Asking Price: | $999,999 | |
Annual Revenue: | $2,794,449 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $557,495 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 100 | |
BBN Listing #: | 46248096 | |
Broker Reference #: | 8481 |
Business Overview:
This four location Sandwich Franchises for Sale did $3.3M in sales (averaging over $800,000) the last rolling 12 months. Together they cash flowed $73,000 and collected another $327,000 in franchise royalties and fees. Total income was over 400,000 almost all from royalties making this deal a bargain at the $1.1M asking price! This brand is on fire and finished 2022 up in sales over 8% system-wide! The four location and the complete franchise rights are for sale including Tradename, logos, recipes, operating procedures, website and Facebook page This fast casual deli and sandwich concept is well thought out and ready to expand. Its a unique concept with good margins and profitability. These Franchises for Sale all have good leases in place. They serve burgers, hand crafted sandwiches, wraps, soups, salads and breakfast items for breakfast, lunch and early dinner. Some have liquor licenses included. New unit costs are $310,000 to $550,000. Locations are between 1600 and 2200 square feet and the footprint can easily be adapted to a variety of spaces that allow profitable entry into both large and small markets. Currently these Franchises for Sale by We Sell Restaurants are both in-line and free standing. They have negotiated contracts with vendors in place that keep food cost below 29%. Average occupancy costs are 8.2%. As a result of those efforts, that part of their business is up over 30%. Extensive training will be provided and some members of upper management could be contracted out for an agreed upon period of time Extensive financials are available and go back in excess of ten years in some cases. At the current price, this franchise and franchise rights for sale are going for a very attractive multiple and this deal will not last long. Some Seller financing would be considered for a qualified Buyer This Seller is VERY concerned about confidentiality and any interested Buyer must sign the online NDA and provide proof of ability to purchase before any information can be released.
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Property Features and Assets:
Available on request
Market Competition and Expansion:
Sky is the limit on expansion. Concept works in large or small markets. Entry price is very reasonable
Reason for Selling:
Other
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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