Great Earnings - Sandwich Franchise Resale

Comstock Park, MI
Kent County


Asking Price: Annual Revenue:
$250,000 $771,922

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Great Earnings - Sandwich Franchise Resale Broker: Robin Gagnon

Quick Facts

Asking Price: $250,000
Annual Revenue: $771,922
Net Profit: Not Disclosed
Cash Flow: $66,842
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 19
BBN Listing #: 44638096
Broker Reference #: 8169

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Business Overview:

This mega brand is earning the current owner operator almost $70,000 off sales of nearly $800,000! Great location off of a major roadway from Grand Rapids. This Sandwich Franchise for Sale is already set for success! Lending available with 20% down. This Sandwich Franchise for Sale is the one you are looking for in Comstock Park, Michigan. It's in Kent County, the 4th largest county in Michigan and it is still growing! There has been tremendous growth in population and industry over the last 10 years and a business like this generating nearly $800,000 in sales is a leader in the community. Bring just 20% down and the We Sell Restaurants base of lenders will have you ready to go with SBA lending in no time! Move quickly as a government program approved as part of the CARES Act allows for three months of free payments (principal and interest) and waiver of the SBA guaranty fee if you close by September 30th. That saves you thousands of dollars in fees! Forget what you have heard about delays. Our lenders move quickly and will have this ready to fund when you finish the training program offered by the brand. Great franchise in a Great location! Location is crucial in the restaurant business and this Franchise for Sale is fronting the main road with thousands of cars per day going by its front door. This location is a spacious 2300 square feet.This franchise is the perfect size for an easy operation. The rent is easily supported by the sales and the Occupancy Cost all in is UNDER 10%, a rare find. Rent including CAMS, Taxes and Insurance is around $6,000 per month. Support by the brand is included in the purchase of this Sandwich Franchise for Sale. This includes nine weeks training and support by their Franchise Business Consultants. The training and transfer fee of $10,000 is charged by the brand to cover your training and the remaining term of the franchise agreement along with any options to renew. This highly profitable Franchise for Sale opportunity has royalties of only 6% of sales. The marketing fee is just 4% of sales which is how this mega brand promotes the store and drives traffic to your location. You get the benefit of a major brand for pennies on each transaction. If you have been looking for a business to own and operate, but worried about the income, then this Sandwich Franchise for Sale could be the opportunity you have been waiting for! Call the Restaurant Brokers today for more information.

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Property Features and Assets:

FURNITURE 52 red chairs 26 Dalmation table tops Two rolling garbage bins Desk Chair 70in LED television 65in LED television 1 hot sauce rack EQUIPMENT Tea and coffee machine 8 Steamers 1 Cookie oven 1 Conveyor toaster 1 Three door make table 1 Two door make table 1 All purpose food warmer 1 Two door cooler 1 FHS display cooler 2 RTG POS systems 3 Kitchen printers 5 Stainless kitchen tables 1 Three compartment sink 1 Walk in cooler 1 Desk printer 1 RTF Back of house computer 1 Video surveillance system 1 Wired audio system 1 Hoshizaki ice maker 1 BIZERBA auto slicer 5 stainless kitchen tables 1 One door make table 1 Two door make table 1 Hobart XL conveyor toaster 3 Steamers 2 RTG pos systems 1 Kitchen printer 1 RTG credit card reader 1 Cup organizer 3 Chip racks 1 FAST TRACK drive thru timer 1 3m Communication hub 3 3m Communication headsets 1 3m Headset charger 3 Monitor screens 3 Rolling storage racks 16 Hanging wall racks 1 Nine bin locker 1 walk in freezer 1 exterior access Co2 tank

Market Competition and Expansion:

Great location right off of a major road in grand rapids area.

Reason for Selling:

Personal

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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