Sub Franchise for Sale is Major Brand

Panama City, FL
Bay County


Asking Price: Annual Revenue:
$399,000 $849,599

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Sub Franchise for Sale is Major Brand Broker: Robin Gagnon
License #: 327379 FL SL3186444

Quick Facts

Asking Price: $399,000
Annual Revenue: $849,599
Net Profit: Not Disclosed
Cash Flow: $144,668
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 15
BBN Listing #: 62308096
Broker Reference #: 7087

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Business Overview:

Buy this Sub Franchise for Sale kicking out serious cash flow on very high sales. Demonstrated success with sales of roughly $840,000 that's generating income for an owner operator of $145,000 per year! Now that's serious money! Lending with just 30% down. This Sub Franchise for Sale is nearby Tyndall Air Force base which will be spending billions of dollars rebuilding the Base after Hurricane Michael! Great built in local market for locals and tourists plus a base that growing! This store is also E2 visa qualified, but you must be stateside for roughly four months for training before the store can transfer. This Sub Franchise for Sale raking in six figure earnings and high volume listed by We Sell Restaurants is ready for SBA lending if you bring 30% to the table. Favorable rates. Approvals in less than three days and lending over a 10-year term. Seller is absentee and has a General Manager in place making $30,000 per year. Run the store yourself and the total return to you is roughly $145,000 per year. Seller is retiring after many successful years. Don't build a new store from scratch and work to gain profitability when you can pay for this store and an excellent lifestyle in Florida at the same time. Relocate for this amazing opportunity. No state income tax and a business-friendly climate allow this Sub Franchise for Sale to thrive. Location is everything and this 1400 square foot Sub Franchise for Sale has a prime location in Florida. The lease is an unheard-of $3077.28 per month which includes CAMS, Taxes and Insurance. That's right -- Occupancy is just 4.5% of sales and that's why this winning location is able to generate so much in earnings. The lease is valid until July 2023 and landlord is open to additional option years at favorable rates. Don't worry about joining a brand that you aren't experienced with! When you purchase this Sub Franchise for Sale, you will be getting all the training and continued support that comes with this well-known brand! This includes 6 weeks of training and support by their Franchise Business Consultants. The franchise transfer fee of 10000 is charged by the brand to cover your training and the remaining term of the franchise agreement. Royalties for this Sub Franchise for Sale are a reasonable 6% percent of sales. The marketing fees are charged by the brand for countrywide promotional purposes and are just 5% percent of sales. Are you ready to join this winning brand by purchasing this Sub Franchise for Sale? Contact the restaurant brokers today!

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Property Features and Assets:

Steamers 7 Refrigerated Sandwich Cooler with cutting board 1 Single Door Cooler 1 new 3door Cooler 1 Glass single door cooler 1 Walk in Freezer 1 New compressor and evaporator 5 year warranty Slicer 1 Food Warmers 2 1 is new Toaster 1 Microwave 1000 watt Couple of month old Cookie Oven New Digital Portion Scales 4 Computer 1 Printer 1 Register systems 2 Register printers 3 Ice Machine 1 Music System 1 High Chairs 2 Trash Cabinets 2 Furniture and seating Barstools 2 6 security cameras, DVR and monitor 3 Compartment sink Flat Screen TV All cambros and Lids required to do everyday business of the restaurant Safe

Market Competition and Expansion:

Low rent, Lot of rebuilding from Hurricane Michael and Tyndall Air Force Base

Reason for Selling:

Retirement

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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