Seller's Contact Information
- RE: Norfolk Area Firehouse Subs Franchise
- Contact: Eric Gagnon
Quick Facts
| Asking Price: | $149,000 | |
| Annual Revenue: | $747,502 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $50,961 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 12 | |
| BBN Listing #: | 81308096 | |
| Broker Reference #: | 9480 |
Business Overview:
When you purchase this Firehouse Subs Franchise for Sale , not only do you get a profitable location but also the benefits of joining a nationwide franchise brand. Sales of $747,502 is generating an owner benefit of $50,000. SBA lending with 20% down for qualified buyers. The Restaurant Business is a great industry for those who want to work their own hours and be able do something that's theirs. This Firehouse Subs Franchise for Sale can help you get started with the fundamentals of running your very own successful restaurant without having any enormous upfront costs or waiting on lengthy build-out schedules. Lending is no problem with a profitable Firehouse Subs Franchise for Sale like this one in the Norfolk Virginia market. We Sell Restaurants can get you in contact with our lender resources that will have you approved in a matter of days. We use only SBA preferred lenders who underwrite locally and understand restaurants. You'll be fully equipped with everything you need to make these great sales! The purchase of this Firehouse Subs Franchise for Sale includes all the equipment and branding already in place at this profitable location which makes this opportunity literally turn-key for a new owner. Equipment including chairs, tables, stools, steamers, toaster, slicer, freezer, coolers, pos systems, and more! It's all there and included in the purchase price! The 1900 square foot space is perfectly sized with 35 seats for inside dining. Great lease terms with all in rent at $5,088 including CAMs. The lease is valid through 2026 and includes two additions four-year options to renew. With a team of 12 knowledgeable and trained staff in place, the business will have no problem continuing to run smoothly. Operating hours are 10:30am-9pm Sunday through Thursday 9am-10p at this well established location that's been operating since 2016. Strong support throughout the community including the nearby military bases. This Firehouse Subs Franchise for Sale is located on a busy street across from a big box store, which makes it an easy choice for customers to come in for their favorite sub! Firehouse is known for their high-quality service which is why they have a loyal customer base. Their national name brand recognition helps this Firehouse Subs Franchise for Sale get more sales and results than other similar concepts in the same industry with similar products. It's not just marking hype- their success speaks volumes! Be part of a brand that offers continued support and provide training on this Firehouse Subs Franchise for Sale. This $10,000.00 transfer fee will cover the cost of your extensive six-week training by the brand, as well as terms remaining on the current Franchise Agreement. Royalties of 6% and 4% Marketing Fees are no issue with $747,000 in sales. Don't miss out on your opportunity to own your own Firehouse Subs Franchise! This profitable Firehouse Subs Franchise for Sale is such a great deal it's sure to sell quickly! Call the Restaurant Brokers today to get your offer in! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Market Competition and Expansion:
38 Chairs 15 tables 7 bar stools 19 pictures 6 steamers 1 toaster 1 barzerba slicer 3 scales 1 single door freezer 1 two door cooler 1 three door cooler 2 sandwich cooler make tables 1 all purpose warmer 1 desktop computer 1 office chair 1 four drawer file cabinet 1 small two drawer file cabinet 1 single door soda cooler 2 televisions 1 cookie oven 1 microwave 2 chip racks 2 red dining room trash containers 1 cash safe 2 pos registers 3 wire storage racks
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
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