Four Sub Sandwich Franchise Locations in Ohio

Not Disclosed, OH


Asking Price: Annual Revenue:
$725,000 $1,247,831

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Four Sub Sandwich Franchise Locations in Ohio Broker: Ron Buck

Quick Facts

Asking Price: $725,000
Annual Revenue: $1,247,831
Net Profit: Not Disclosed
Cash Flow: $207,190
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 40
BBN Listing #: 70134955
Broker Reference #: 1308-16479

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Business Overview:

Own and operate your own four-store sub sandwich franchise or add them to an existing business portfolio. One of the four stores is located inside a Walmart. Part of the world’s largest restaurant chain, known to be easy to run, highly profitable, and a highly successful franchise system.

These stores are very profitable!! Rental costs are low and include CAM fees, electric, gas, security, trash removal and water. ..... Location, Location, Location... these stores are in highly visible locations with plenty of parking! There is great growth potential and this business is ideal for a hands-on owner that wants to continue building on this already very profitable group of stores or for an owner that wants to add to their existing restaurant portfolio. Hands-on owner could have discretionary earnings of more than $200,000 per year, while an absentee owner adding to their existing portfolio would have discretionary earnings of $132,000 (allowing for the expense of a GM).

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Property Features and Assets:

In order for industry establishments to attract customers on a daily basis, they must be located in high-traffic and visible areas, which tend to have higher rent costs. As a result, rent is expected to account for 5.6% of industry revenue in 2020. The combined lease rates for the four (4) stores is currently $5,755 per month which includes taxes, insurance, common area, property operating expenses, water/sewer and landscaping. Assets = $510,000.

Market Competition and Expansion:

Franchise sandwich shops compete externally with other food-service markets, such as fast-food restaurants, full-service restaurants, coffee and snack shops, and local, independent sandwich restaurants. The Sandwich and Sub Store Franchises industry will benefit as the economy rebounds from the coronavirus pandemic, employment returns to pre-coronavirus levels and consumers renew spending on luxuries, such as restaurant dining. During this period, consumer spending is expected to increase at an annualized rate of 3.8%. Additionally, demand for sandwich and sub shops will increase as companies expand their healthy menu options. Aggressive international growth will also likely reinvigorate major franchises' overall revenue.

Reason for Selling:

Semi-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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