Refine/Revise Search
Asking Price: $39,999

Illinois Franchise Sandwich Shop for Sale - With Drive-thru!

Peoria, IL
Peoria County

This Turnkey Franchise Sandwich Shop for Sale in the Peoria Metro Area, Illinois with drive through generated annual sales of $488,042 and represents a strong opportunity for someone interested in buying a restaurant with established brand recognition. The location is well known in the community and has earned awards as the best sandwich shop in the area. The restaurant has earned local recognition as a leading sandwich shop in the area and provides an opportunity for an energetic owner-operator to increase sales and work toward improved profitability. We Sell Restaurants can assist with unsecured lending options up to $500,000 for qualified buyers.This Franchise Sandwich Shop for Sale operates from a 2,400 square foot location with seating for 65 guests, including 54 seats indoors and 16 seats outdoors. The fully equipped kitchen includes a hood system, in ground grease trap, flat top, steamer, walk in cooler, walk in freezer, sandwich prep coolers, and a full line of smallwares and prep equipment. The dining room features tables, chairs, digital menu boards, and point of sale technology already in place. The monthly rent including CAM is $4,036 and the lease runs through February 20, 2030 with one option to extend for 5 years, offering stability for a buyer seeking a turnkey restaurant opportunity.The Franchise Sandwich Shop for Sale includes a royalty fee of 6 percent and a marketing fee of 2 percent. Purchasing an existing Franchise Sandwich Shop for Sale allows a buyer to step into an operating business with an established customer base, trained staff, and proven brand systems already in place. Compared with developing a new restaurant from the ground up, acquiring an existing franchise location may reduce the startup timeline and build-out expense while providing the benefits of a recognized national brand, subject to franchisor approval and the terms of a new or transferred franchise agreement.This Franchise Sandwich Shop for Sale is located in Galesburg, the county seat of Knox County, and sits in a prime retail corridor with convenient parking. The community is experiencing renewed growth and revitalization, with tourism expected to increase significantly as the National Railroad Hall of Fame opens in 2027 and a recently announced agricultural shipping facility in the Galesburg Business Park. The restaurant currently operates Monday through Saturday from 9:00 AM to 8:00 PM with a team of two full time and eight part time employees. The current owner works approximately 40 hours per week as the general manager, and seller willing to train after closing.Opportunities like this Turnkey Franchise Sandwich Shop for Sale with strong sales, franchise support, and prime market positioning rarely become available in this community. Buyers interested in a franchise for sale with significant upside potential should contact We Sell Restaurants today to learn more about this opportunity and begin the process of buying a restaurant in Galesburg, Illinois.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

Cash Flow Not Disclosed
Revenue $488,042

Asking Price: $149,000

Restaurant & Game Room Business-only in Peoria, IL

Peoria, IL
Peoria County

Total Net Sales are $350,000 per year! Restaurant generates $266,000 per year at 65% margin! Game machine commission from the Game Room is $84,000 per year! Game Room just started recently and is increasing in income as its presence becomes known in the neighborhood!Yearly Net Profit is over $120,000 AFTER paying an Employee Payroll of $51,000, as well as rent and all other expenses! Operating Partner spends only 32 hours per week at the restaurant and partakes in profit sharing and does not take a salary.Rent is only $3,500 NNN per month with a new 15 or 20-year lease available to the Buyer!Business Information:Brand-New Restaurant Equipment including vent-a-hood and all cooking equipment!Liquor License Included! Fully Built-Out Game Room Attached!Customer reviews are 4.7 stars on Google!Seller is the property owner and plans to spend $1 million to open a laundromat next door which will bring in more customers for the restaurant and game room!Geographic & Demographic Details:Neighborhood location!Median household income is $65k!Population is increasing by 2% per year!Close proximity to hotels like Comfort Suites, Quality Inn & Suites, SpringHill Suites, Travelodge by Wyndham, OYO Hotel Downtown, Four Points by Sheraton and Embassy Suites by Hilton!Nearby schools including Peoria Christian School, Reservoir Gifted School, Franklin Primary School and Bolin School collectively serve over 1,400 students and faculty!Surrounded by apartment complexes such as Carriage Hill Apartments, Glen Oak Terrace Apartments, Civic Center Plaza Apartments, Heartland Apartments, The Lofts at Waterfront Place and Providence Pointe Apartments!Less than 3 hours from Chicago! 1 hour from Springfield, IL! 1 hour 30 min from Champaign, IL and Davenport, Iowa!Major recent government developments in Peoria, IL include a $64.5M Galena Road reconstruction, $26M Riverfront Master Plan, sewer upgrades, fire station rebuild, and downtown revitalization projects! Asking Price for Business-Only: $149,000 plus inventory!

Cash Flow $120,000
Revenue $350,000

loading...
TOP â–²
Add Businesses and/or Franchises
To Basket For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.