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- RE: Hoagie Franchise Netting Over $142K-Only 10% Down
- Contact: Joseph Chiarello
Quick Facts
Asking Price: | $450,000 | |
Annual Revenue: | $924,038 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $142,572 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 12 | |
BBN Listing #: | 66024955 | |
Broker Reference #: | 2702-17310 |
Business Overview:
ONLY 10% DOWN NEEDED, LENDER PRE-QUALFIIED - Store making over $142,000 and sales are up YTD! Put down $45,000 (10%) to purchase this business and after debt service for first year you will make $73,000!! You will get your down deposit back in 8 months!!
Premium Hoagie Franchise, well established location on The Main Line, with excellent mix of high income residents and businesses in the surrounding area. Well known Hoagie Franchise, updated store, excellent lease and prime location, tremendous catering potential now that workers are returning to the office. This location is a money maker! Sales will top 1 million this year, (up 16%) and this hasn’t even begun to tap into the huge catering market!
Why do a startup when you can have a profitable location on day 1 of ownership?
This store has a sister location 10 minutes away for sale, on The Main Line, the 2 stores are set up to be run by an owner/operator for maximum cash flow or hire a general manager to oversee the operations. Stores can be purchased separately or together, currently run by owner operator, and stores are fully staffed.
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Property Features and Assets:
Assets = $290,000
Reason for Selling:
Retiring.
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
Relevant Links:
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