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Quick Facts
Asking Price: | $349,000 | |
Annual Revenue: | $801,925 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $123,569 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 13 | |
BBN Listing #: | 31848096 | |
Broker Reference #: | 9380 |
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Business Overview:
Why start a new business when you can buy earnings on the books for an established Sandwich Franchise for Sale like this? Net Sales of $800,000 are generating owner/operator earnings of $123,000 in this Watertown, SD. location. SBA lending for qualified approval possible on this money-making location! This Sandwich Franchise for Sale is already a success! The market and competition are perfect for this concept, great location near major retailers and big-box stores! Great traffic count in front of the store and it resides in a growing area for business in Watertown. We Sell Restaurants always recommends purchasing a money-making location like this Profitable Sandwich Franchise for Sale This opportunity should qualify for SBA lending with just 20% down for buyers with strong credit, and restaurant experience. Minimum net worth or capital may also be needed in order to qualify for the franchise. This 1950 square foot Sandwich Franchise for Sale is part of a great brand that is taking the country by storm! The favorable lease rate is just $4300 per month which includes CAMS, taxes, and insurance - with sales this high, that lease rate is no problem! The lease is valid until 2026 and still has two five-year options remaining. Support by the brand is included in the purchase of this Sandwich Franchise for Sale. This includes an extensive six weeks training by the brand and continued support by their Franchise Business Consultants. The franchise transfer fee of $10,000 is charged by the brand to cover your training and the remaining term of the franchise agreement. Royalties for this Sandwich Franchise for Sale are a reasonable 6% of sales. The marketing fees are charged by the brand for national promotions are just 5% of sales. This Sandwich Franchise for Sale has been a huge success. The market is just right and there's no better time for you invest in yourself. Click to acknowledge confidentiality and see just how easy this process can be to purchase your very own profitable franchise! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
Toaster 2 make tables 7 steamers Ice machine Two 3 door cooler 1 door freezer 1 door cooler 1 display refrigeration cooler Slicer 5 prep tables 3 door refrigeration table 2 POS terminals Microwave 2 warmers all-purpose Cookie oven Shelving units Tables chairs Smallwares Signage Menu board
Market Competition and Expansion:
sales continue to grow
Reason for Selling:
Retirement
Additional Details:
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