Seller's Contact Information
- RE: Strong Cash Flow Multi-Location QSR Franchise
- Contact: Small Business Deal Advisors
Quick Facts
Asking Price: | $999,900 | |
Annual Revenue: | $2,967,620 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $536,782 | |
Total Debt: | Not Disclosed | |
FF&E: | $700,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 45 | |
BBN Listing #: | 100545079 | |
Broker Reference #: | 818 |
Business Overview:
Projected 2023 Revenue: $3.5M
Projected 2023 Cash Flow: $550K
An exciting opportunity has arisen to own a highly popular hoagie franchise with four locations. Situated in highly trafficked prime locations, all of the franchise locations have been incredibly profitable. The franchise is well-known for its specialty hoagies and prides itself on using only the freshest, highest-quality ingredients including meats, cheeses, and freshly baked bread.
The current owners purchased the first location in 2017, followed by a second location in 2020. In 2022, two additional franchise locations were opened, despite the challenges posed by the Covid-19 pandemic. Despite this, all four franchise locations have continued to see remarkable revenue growth year after year.
One location in particular saw an impressive increase in revenue, jumping from $450,000 in 2017 to $1 million in both 2021 and 2022. The newest location, which opened in January 2022, achieved $57,000 in sales in its first week alone and generated over $1.3 million in sales for the year, earning its place among the top 10 most profitable franchise locations. This incredible success is thanks to the franchise's exceptional locations, hardworking staff, and unwavering commitment to providing excellent customer service.
The current owners take great pride in operating these franchise locations and have built a strong brand, reputation, and following in the region. This presents a unique opportunity for new ownership to continue to expand the franchise in the area. The current owners are even willing to stay on as project managers to help with the expansion, should new owners desire it.
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Property Features and Assets:
Four locations: 1500 sq ft., 1900 sq ft., 1500 sq ft., and 2000 sq. ft., $4,010, $3,300, $5,300, and $3,850. All monthly rates. Two brand new facilities with state-of-the-art equipment. The other two facilities are well maintained and feature updated equipment.
Market Competition and Expansion:
Investment Highlights Include: (1)Consistent Increase in Revenue (2)Highly Rated Franchise / Franchise Support & Benefits (3)Prime Locations with High Traffic Growth Opportunities: (1)Increase Marketing (2)Open Additional Locations (3)Improve Variable Expenses
Reason for Selling:
Other business interests.
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
Documents:
Relevant Links:
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