$289,000 Owner Earnings at this Sub Franchise

Mobile, AL
Mobile County


Asking Price: Annual Revenue:
$850,000 $1,578,157

Food & Beverage: Restaurants, Fast Food, Deli


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RE: $289,000 Owner Earnings at this Sub Franchise Broker: Robin Gagnon

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,578,157
Net Profit: Not Disclosed
Cash Flow: $289,362
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 34
BBN Listing #: 12068096
Broker Reference #: 9065

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Business Overview:

Walk in the door at this highly successful Sub Franchise for Sale in Mobile Alabama. Sales of $1.5 Million are sending the current owner home with earnings of $289,000 for this highly sought-after franchise. SBA lending no problem on a money-maker like this one!

This Subs Franchise for Sale could not be in a better area. This is a well-established unit with high volume sales, and very low rent for the area. Once called the Paris of the South, Mobile has long been the cultural center of the Gulf Coast and you'll find that the impressive numbers at this store shows that you really could not ask for a better place to purchase an existing franchise!

The Restaurant Brokers love this Sub Franchise for Sale in Mobile that is raking in high six-figure earnings and $1.5 million in sales. This opportunity will easily qualify for SBA lending, and you will be approved in no time at all! When you bring 20 percent to the table, the rest will be financed over the span of 10 years!

Why purchase an existing Sub Franchise for Sale? There is more than one answer to that question! How about because someone else has already gone through the leg work of getting approved for permits and the expense of the build-out? What about that fact that the business has been open and operating meaning it has loyal customers who bring in a steady stream of income?

This 1,200 square foot Sub Franchise for Sale is in a prime location in Mobile. The lease on this sale is an unheard of $2,100 per month which includes CAMS. The lease is valid until through 2031 which not only includes the original lease term, but also one five-year renewal option.

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 6-8 week extensive training and constant 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 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. This Franchise for sale is well-known across the country!

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:

6 SS Work Table 30 X 72 1 True 72in Make Table 1 True T 72 Three Door Reach in Cooler 1 True T 23F Freezer 3 True GDM 23 Glass Door Merchandiser Cookie Oven Toastmaster Toaster Holman Backup Toaster 1 Extended APW 1 Backup APW 2021 Bizerba Slicer 2010 Bizerba Backup Slicer 1000 Watt Microwave Scotsman Ice Maker with Roof Mounted Condenser 500 pound Ice Bin 4 Tea Urns 2 Radiant POS terminals 2 Cash Drawers 8 Roundup Steamers 2 40 inch TV 2 Wall Shelving 18 x 48 Radiant Site Controller Desktop Computer HP Printer Casio calculator 4 camera Video system Floor Mounted Safe Neon Open Sign 12 Dalmatian Topped Tables 24 Red Chairs 3 High Top Red Stools 2 Red Trash Can Holders 4 Outside metal Chairs 2 Outside Metal Tables Decor wall items Tankless Water heater 40 lb 15 gal under sink grease interceptor 2 two line telephones Non Owned or Leased Freestyle Coke Dispenser Tea Coffee Brewer 3 Frito Lay Chip Racks

Market Competition and Expansion:

Located in a shopping center with no similar product competition a grocery store is located in the same center making purchase of consumables very easy

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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