Popular Sub Shop - Great Location & Cash Flow

Asheville, NC
Buncombe County

Centrally Located

Asking Price: Annual Revenue:
$349,000 $685,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Sub Shop - Great Location & Cash Flow Broker: Jeff Eatherly
License #: 206819

Quick Facts

Asking Price: $349,000
Annual Revenue: $685,000
Net Profit: $78,662
Cash Flow: $130,859
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 10
BBN Listing #: 50545793
Broker Reference #: avl273

Email or Print Listing

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Business Overview:

The current owner has operated this business since 2012 and is selling because of relocation for a new opportunity. This clean and updated store has plenty of parking, affordable lease, and built in catering accounts.

This franchise has a quality product and is ready for multi unit growth. Strong support and training from the corporate office will enable the single unit operator to be successful or, establish a multi-unit growth plan.

Approximately 2000 (sf) building is laid out with a walk in freezer and separate cooler and very efficient equipment package. The catering delivery van will be sold separately at Blue Book price.

In a great location this business is close to several tourist areas, downtown, and other high profile traffic generators. It has a good long term lease in place with plenty of parking. Owner has established a strong catering clientele with surrounding businesses.

A non disclosure statement and net worth statement (required by franchisor) must be provided before and information can be released.

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Property Features and Assets:

Free standing building on a major highway positioned between several of Asheville popular areas. Twenty plus parking spaces with overflow area nearby. Seating of 37 inside with 6 seats outside

Market Competition and Expansion:

Asheville is showing steady growth in all areas. No immediate competition in the general area,

Reason for Selling:

New opportunity

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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