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Asking Price$345,000
Revenue$437,000 Established2008
Cash Flow$138,007 Employees1 full, 3 part
FF&E$100,000 FranchiseNo
Inventory$8,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 34324
Fantastic National Sandwich Franchise for sale. The location is to die for, one of the best I have seen in many years. It suffered a setback last year due to Covid, but has shown a solid bounce back in 2021. The business is on track for the highest revenues ever by year end. There are several new neighborhood factors that will cause continued growth for 2022 and beyond. Additionally, the store was fully remodeled at a cost of nearly $80K. In 2020, a pandemic year, the business grossed $437,000.00. These figures come straight from the POS and can be easily verified. Owner’s cash flow of $138,007.00 for that period reflects one part-time owner and 3 part-time employees. That is after paying an 8% royalty and 4% marketing fee. The current owner has been here for 12 years. There are 6 years left on the current lease with a rent of $4,954/mth. including tax and CAM. A well-qualified buyer may be able to negotiate a new lease and lease extension. The franchisor will aid in this process as well. We are seeking a serious and financially qualified buyer with at least $345K in liquid funds to cover the asking price. Additional funds shall be needed to cover the transfer fee, rent security working capital and closing costs. This business would be ideal for a family operation. With this location, this business will not stay on the market for long. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only once proof of liquid funds has been provided!

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Training/Support:Seller will train
Sale Reason:Retirement
Ad #131540
Seller Reference #34324
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