Franchise Resale - Sandwich Shop

Not Disclosed, WA
King County

King County

Asking Price: Annual Revenue:
$175,000 $665,497

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Franchise Resale - Sandwich Shop Broker: Claudia Smith

Quick Facts

Asking Price: $175,000
Annual Revenue: $665,497
Net Profit: Not Disclosed
Cash Flow: $218,712
Total Debt: Not Disclosed
FF&E: $98,492
Real Estate: Not Disclosed
Year Established: 2003
Employees: 10
BBN Listing #: 98974955
Broker Reference #: 8002-16871

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Business Overview:

This established sandwich shop franchise has a motivated owner who has reduced the price to sell! It is a community favorite in Duvall, Washington. This well known and beloved brand has been around over 40 years! Savvy entrepreneurs with a passion for the brand, a love for their community and the ability to follow the proven business model are the perfect candidates. 

All the initial investment has been made and the store is primed and ready for a new owner.  After the execution of the franchise agreement the incoming franchisee will receive the necessary training. 

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Property Features and Assets:

The store is located in the town's main Community Shopping Center near the major anchor. It is well situated on an endcap with lots of visibility and ample adjacent parking. The center is well maintained and in a very clean business district. Neighboring businesses in the center generate additional foot traffic. The shop is 1500SF @ $5323/month including NNN and has a lease that expires June 2023 with 2 - 5 year options to renew. Assets = $186,952

Market Competition and Expansion:

This $22.6B Industry that specializes in preparing and serving custom sandwiches and subs has experienced growth over most of the five years to 2021 by capitalizing on the growing awareness of the health risks associated with a high-fat diet. Current trends are expected to spur revenue growth, which will likely rise an annualized 2.6% to $25.7 billion over the five years to 2026. The owner asserts that since they established delivery service, revenues have surged. He suggests promoting catering will help to increase earnings. IBISWorld reports Industry operators will likely continue to contend with stiff external competition from other fast-casual food options moving forward. In turn, many operators will likely continue to expand menu options to include a wider variety of healthy food options. As the economy recovers from the coronavirus pandemic and industry establishments reopen completely, increases in consumer spending will likely boost demand for industry services, which may incentivize new operators to enter the industry. Therefore, these trends are expected to spur revenue growth, which will likely rise an annualized 2.6% to $25.7 billion over the five years to 2026.

Reason for Selling:

Owner is moving on to the next challenge.

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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