#1 National Sub Sandwich Franchise Asking Price Only $69,900 !!!!!

March 8, 2017

Price: $69,900

Location: Columbus - Ohio, Franklin County

Industry: (Restaurants, Sub Shops)

Listing Category: Restaurants -- Limited Service

Listing ID: 902021

Number #1″ Ranked National Franchised Sub shop. The shop is run 100% ABSENTEE by a Multi Unit franchise operator. Store is operated by a store shift supervisor and has never received the personal attention that an Owner Operator can provide!!

As a result it Has Not Even gotten close to its true Sales Potential !!

Multi Unit Operator has no time for this location he has decided to put it up for sale at a Fraction of the price it would cost to start the business.

Great Opportunity for a New Owner to join this Number #1 Ranked National Sub Sandwich Franchise !!!

This is an easy business to run for an on site Owner Operator.

 

Asking Price ONLY $69,900 PLUS Est Inventory $4,000 PLUS Franchise Transfer Fee $7,500.

Great Lease!!

This one is PRICED TO SELL !!!

Listing Details

Total Sales: $157,402

Cash Flow: $23,299

Inventory: $4,000

Franchise?: Yes

Franchise Information:

National Franchise # 1 Sub Sand-which Franchise

Terms and Conditions?:

Potential SHORT TERM Seller financing to a qualified Buyer .

Reason For Sale:

Seller is a Multi Unit Operator looking to sell a unit.

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: 2012

Year of Last Acquisition: 2015

Days & Hours of Operation: Mon-Fri 9-9:30 pm, Sat 9-9 pm, Sun 10-8 pm

Employees: Full Time: 1 / Part Time: 3

Managers: 1

Absentee Owner?: Yes

Location

Security on Lease: $1,729

Lease Option: Two (2) Five Year Options to Renew. Lease Terms: Fantastic Lease TOTAL Rent is Only $1,842 per month. Base Rent in 1st Opt is only $11 per sq ft and in 2nd Opt Base rent is only $12.10 sq ft.

Monthly Rent: $1,842

Type of Location: Strip Center

Square Footage: 1,600

Facilities Information:

Great Location in Busy Strip Center on main road. Total Rent is fantastic Only $1,842 per month. There are Two 5 year options to renew with only small rent increase. Equipment in Great Shape very well maintained.

Summary

Potential Growth:

Presently Run 100% ABSENTEE !! Very Little Marketing done.

New Owner Operator can market and build Sales.

Financing/Terms:

Potential SHORT TERM Seller financing to a qualified Buyer for Inventory Only.

Afilliations