$120K Earnings Profitable Sioux City Sandwich Shop
Sioux City, IA Woodbury County
Seller's Contact Information
- RE: $120K Earnings Profitable Sioux City Sandwich Shop
- Contact: Eric Gagnon
Quick Facts
| Asking Price: | $375,000 | |
| Annual Revenue: | $920,856 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $119,691 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 15 | |
| BBN Listing #: | 35058096 | |
| Broker Reference #: | 9379 |
Business Overview:
Six-Figure earnings on this Sandwich Franchise for Sale! Net sales will close out in 2022 at an impressive $920,000 and $120,000 in earnings for an owner/operator of this highly sought-after Franchise Brand! SBA lending no problem for qualified buyers with verifiable earnings as strong as this store! No Need to start from the ground up and deal with the hassles of a new build out. For a fraction of the costs associated with a startup you purchase this existing profitable Sandwich Franchise for Sale in the Sioux City market that is earning and owner-operator an impressive six-figures! The Restaurant Brokers love the opportunity presented by existing locations like this one with six figure earnings and high sales. This profitable Sandwich Franchise for Sale will qualify for SBA lending with our resources and approval will be in your hands in under a week! That means you only need to bring 20 percent to the table and the rest will be spread over a ten-year term. One of the main reasons in purchasing an open and operating Sandwich Franchise like this one, is that you get the security of existing cash flow, but als a location that is already producing impressive results! This 1,950 square foot store has a track record in this location. The lease is a very manageable $5,900, per month which includes both the base rent and CAMS, taxes and insurance charged by the landlord. The lease is valid until 2024 and has three 5-year options remaining, which includes the initial lease term as well as any options to renew. When you purchase this Sandwich Franchise for Sale you get the support and training of on of the country's most sought-after brands! This includes the extensive six-wee training directly from the brand, as well as ongoing support by their Franchise Business Consultants. Training is included in the $10,000 transfer fee charged by the brand and also covers the remaining term of the existing franchise along with all options to renew. Ready to earn six-figures and own your own franchise? Contact We Sell Restaurants to draft a purchase agreement today on this Sandwich Franchise for Sale today! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
SIOUX CITY Toaster 2 make tables 7 steamers Ice machine 1 door freezer Two 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 Walk in cooler
Market Competition and Expansion:
shopping and eating destination at Lakeport Commons, Prime location, possibility of second location in Sioux City
Reason for Selling:
Retirement
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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