Sub Franchise ReSale-Owner Took Home Six Figures
Minot, ND Ward County
Seller's Contact Information
- RE: Sub Franchise ReSale-Owner Took Home Six Figures
- Contact: Eric Gagnon
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $872,524 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $108,417 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 9 | |
| BBN Listing #: | 1358096 | |
| Broker Reference #: | 8954 |
Business Overview:
Ready to buy a Sub Franchise for Sale with verifiable sales and earnings? This is the one! Open and operating location is churning out net sales of $706,000 and earnings of $80,000. SBA lending available for qualified buyers with 20% down! Don't wait for the next big thing, this Sub Franchise for Sale is the one! Located in North Dakota's fourth largest city with a population of almost 50,000 with a median household income of $64,401. Home to the Minot Air Force Base, a new hospital being built within .5 mile of this restaurant, no wonder the sales are so great at this location! Is there lending available? You bet. With just 20% down qualified buyers could have loan approval with We Sell Restaurants lenders in two weeks or less! We will help you every step of the way, as you realize the American dream of business ownership and buy this Sub Franchise for Sale. Why buy a Sub Franchise for Sale like this one? You get all the benefits of owning a mega brand without the risk of starting from the ground up. Entrepreneur Magazine cites some of the reasons it makes a lot more sense to buy a Sub Franchise for Sale like this instead of starting from scratch, including: Common Brand and Operating Systems. You get a business process that's already built and tested. Ongoing Support - you get both initial training and ongoing coaching. You also get the Legal Disclosure required by law in their FDD along with, of course, fees for use of the system. The $80,000 in earnings on this business opportunity offered by the Restaurant Brokers includes the 6% royalty fees and marketing fees of 5% to this award winning brand. The training and transfer fee for this Sub Franchise for Sale is $10,000.00. That covers the cost of your six-week training by the brand. The lease expires in 2026 and monthly rent is just $3,800 for the first two years, $4,100 years 2-five including CAM, for this 1950, Sub Franchise for Sale. The business is fully equipped to current brand standards and will convey to the buyer in perfect condition.
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Property Features and Assets:
toaster 2 make tables 7 steamers Ice machine 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:
Home to the Minot Air Force Base, New hospital being built within .5 mile that should open within a year, Busy retail area
Reason for Selling:
Relocation
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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