Cedar Rapids Sub Franchise For Sale
Cedar Rapids, IA Linn County
Seller's Contact Information
- RE: Cedar Rapids Sub Franchise For Sale
- Contact: Robin Gagnon
Quick Facts
| Asking Price: | $495,000 | |
| Annual Revenue: | $967,673 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $56,476 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 18 | |
| BBN Listing #: | 11358096 | |
| Broker Reference #: | 9043 |
Business Overview:
In a sea of competitors, it's hard to stand out. But this Profitable Sub Franchise for Sale in the Cedar Rapids market has done just that! Join this winning brand and enjoy earnings of $56,000 when operating this nationally recognized franchise with sales at nearly $1 MILLION. SBA lending is made easy with a profitable franchise for qualified buyers with 20% down. This Profitable Sub Franchise for Sale has everything a small business needs: satisfied customers get more than what they expected; opportunity because no matter how much success there was last year - there is always room for improvement; and finally, empowerment via support through this award-winning brand that has taken the nation by storm with over 1,000 stores world-wide! Are you prepared to join this successful brand by buying this Profitable Sub Franchise for Sale? Speak to the Restaurant Brokers now! Royalties with this Mega Brand are a fair 6 percentage of earnings. The advertising fees are billed from the brand for national promotional purposes and therefore are only 5 percentage of earnings. With a long history of success, customers know that this Sub Franchise for Sale is going to continue to provide high-quality products and friendly service. Established since 2014, this money-maker lets the customers feel confident knowing what kind of food and service they provide. This attention to operations is what is driving the nearly $1 Million in Sales! This Profitable Sub Franchise for Sale is eligible for SBA financing and you'll be accepted in no time. If you put down just 20%, the remainder will be funded over the length of ten years! Get on the fast track to success with revenue of nearly $1 Million which are sending the present proprietor home each year with $56,000 at this particular franchise. We Sell Restaurants offers this Sub Franchise for Sale housed in a 2500, square-foot opportunity in a prime location. The rental agreement is valid through November 3, 2024 with 1 five-year renewal option. Monthly rental rate including all CAMS, Taxes and Insurance is $6,200.00, The franchise transfer fee of $10,000.00 covers the duration of this franchise arrangement and the initial training by the brand of six weeks, and to make for a smooth transition on this Sub Franchise for Sale, the seller is happy to provide some additional training as needed for the new owners. You'll be ready and confident in running your own franchise on closing day! Profitable location, an Incredible Brand, this Sub Franchise for Sale has the recipe for success!
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Property Features and Assets:
ice machine slicer refrigerator merchandiser 1 door refrigerator reach in 3 sections 2 refrigerators reach in 1 section freezer reach in 1 door 2 conveyor ovens holman toaster 8 steamers worktables variety of sizes shelving variety of sizes scales blade slicer wedger 8 sections 2 warmer countertops microwave can opener tables and chairs sinks smallwares easy chopper several sandwich and salad prep mega tops
Market Competition and Expansion:
Heavily trafficed Road. Near major mall and shopping centers. On City line between Cedar Rapids and Marion, Iowa.
Reason for Selling:
Personal
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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