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Asking Price$160,000
Revenue$258,065 Established1993
Cash Flow$88,965 Employees0 full, 2 part
FF&E$100,000 FranchiseNo
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This national sandwich franchise now only opens five and a half days per week. *PRICE REDUCED* The business has been in the same location for 24 years! This is an industrial park location, open Monday through Friday, 10AM to 8PM, Saturday, 11AM to 3PM. It is closed on Sunday. This a rare find for a food service franchise. The current owner is looking to retire. They see a very heavy lunch business from 11AM to 2PM. The store needs two employees during that period, and only one at other times. At this point, they do no advertising, other than what the franchise offers. They offer no breakfast or delivery, and limited catering. There is a huge upside right there. In fact, the parent company has just added online ordering. This should help sales grow, immediately. In the past year, gross sales were approx. $280,000.00, with a net income of approx. $88,965.00, for an owner/operator and 2 P/T employees who come in for two hours, Monday through Friday, during the busy lunch rush. There are 20 years left on the current lease, with only 3% annual increases. We are seeking a serious and financially-qualified buyer with at least $165K in liquid funds to cover the asking price, plus $8K for the rent security. Ideal for a husband/wife or family to run together. To learn more, please call the broker at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.
Training/Support:Yes
Sale Reason:Retiring
Ad #102757
Seller Reference #30321
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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