NOT DISCLOSED, Idaho
| Asking Price |
$199,000 |
Year Established |
1996 |
|
| Annual Revenue |
$697,648 |
Reason for Selling |
Seller has enjoyed this business for 30+ years and feels it is time to retire. |
|
| Annual P/L |
$0 |
Attention |
David Choate |
|
| Annual Cash Flow |
$92,946 |
Listing Number |
1012089 |
|
| # of Employees |
16 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
POSSIBLE OWNER CARRY! This is a popular sandwich franchise that is co-branded with a coffee franchise. The high volume convenient drive thru enhances this location greatly. This franchise serves delicious 'sliced to order' sandwiches, nothing prepackaged, and the coffee franchise serves a huge variety of coffee drinks and sodas.
Property Features and Assets:
<p>This is the Cadillac of sub sandwich facilities. Seller built the building in 2016 specifically for this business and will retain the real estate, leasing to new business owner. Seller went above and beyond when building with upgraded tile and countertops. This is the nicest facility in the franchise. There is seating for 43 indoor and an additional 36 outdoor, plus the convenient drive thru. There is a new Planet Fitness Gym just opened across the street and rejuvenated space available to create more traffic. Seller would like to sign a new 10 year lease with the business buyer. <br></p><p>Assets = $104,746</p>
Market Competition and Expansion:
<p>There are other QSR restaurants in the area, but this restaurant is by far the nicest. The beautiful decor, fresh ingredients and convenient co-branded coffee shop puts this above the rest. There are many choices but this restaurant prides itself on it's fresh ingredients and comfortable facility. All subs are sliced fresh to order meaning the protein is not coming out of a prepackaged bag but sliced right in front of you when you order.<br></p><p>A buyer could increase revenue by extending hours, especially on weekends. Seller says sponsoring Chamber of Commerce events usually has a good pay-out. More of a social media presence could increase visibility. Expanding the menu to include more breakfast and pastry items would bring in morning revenue.<br></p>
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