National Sub Sandwich Franchise Ranked # 1

Price: $119,900

Location: Fayette County

Industry: Restaurant

Listing Category: Sandwich Shops

Listing ID: 77998

Established # 1 Ranked National Sub Sandwich Franchise located in very busy outlet mall established in 2014.  Great location with rent only $2,166 per month with the lease expiring 2019 with a Five Year Option to renew.  The shop is presently run 100% Absentee by an owner that lives a significant distance from the shop.  A new owner that can provide more on site presence can take this store to the next level.

The Asking Price is $119,900

Plus Franchise Transfer Fee: $7,500

Plus Inventory (Food & Paper) Est : $4,000

This one is priced for a quick sale !!

 

 

 

Listing Details

Total Sales: $261,936

Cash Flow: $39,431

Inventory: $4,000

Franchise?: Yes

Franchise Information:

# 1 Ranked National Sub Sandwich Franchise

Terms and Conditions?:

Potential Seller Financing to a qualified buyer with 80%-85% Cash Down.

Reason For Sale:

Seller owns 15 stores throughout Columbus and has decided to sell this location due to other business interests.

Training & Support:

The Franchiser will provide two weeks training at their Corporate HQ and an additional week local training in store. Seller will insure a smooth transition.

Operation

Year Established: 2014

Year of Last Acquisition: 2016

Days & Hours of Operation: Monday - Saturday 9:00am - 9:00pm Sunday 10:00am - 7:00pm

Employees: Full Time: 1 Part Time: 3

Managers: 1 FT

Absentee Owner?: Yes

Location

Lease Option: Lease Expires May 2019 there is a Five (5) Year Option to Renew the Lease through May 2024

Monthly Rent: 2166

Type of Location: Strip Center End Located in Busy Outlet Mall

Square Footage: 1400

Facilities Information:

This shop is located in a Very Busy Outlet Mall located on a Major Interstate Highway. The store is well maintained with great equipment.

Summary

Historical Summary:

Business Started in 2014 and is owned by a multi unit operator.

Potential Growth:

Owner Operator can drive sales through marketing both in store and catering.

 

Financing/Terms:

Potential Seller Financing to a qualified buyer with 80%-85% Cash Down.

Afilliations