Premium Deli Sub Shop

949

A new catering contract worth $6,000 each month will help the new owner experience a tremendous increase in Gross Sales. This is your chance to own a profitable sub shop with franchise support. This is the only one in Omaha, and it’s an extremely popular concept throughout the US with 163 units. There is a line all the way out the door every day during lunch hour. The business has earned the loyalty of many customers, including over 30 monthly residual catering accounts totaling over $8,000 in additional sales per month.

This shop comes completely staffed with 3 full time Shift Managers, 2 full time Counter Staff, and 4 part time shift workers. With a $500,000 build out, this sub shop, voted best of Omaha, lies in the middle of a highly sought after retail and business district. There is enormous growth potential in this thriving part of town. With a growing family, the current owner needs to part with this very successful operation and hand the reigns over to someone eager to take this business to the next level.

A Buyer will have a chance to step into a premium sub shop with an excellent location and earn $40,053 in profit after all debt payments are made in the first year.

Next Steps:
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

Reason for Selling: Growing Family
Personnel: 3 FT Shift Managers, 2 FT Counter, 4 PT
Hours: Mon-Sat 10:30am-9:00pm
History: 2012
Lease: 1819 Sq. Ft
Support to Buyer: 90 Days +Franchise Training
Additional Information:

Funding Example

Purchase Price: $174,000
25% Buyer Down Payment: $43,500
15% Seller Financing: $26,100
60% Bank Loan: $104,400

After the first year the Buyer can expect a Net Operating Income (Profit) of $43,202 after the Annual Debt Service is paid. Bank Loan will be fully collateralized by existing equipment.

GROWTH: Over 30 recurring catering clients per month which totals over $8,000 in additional sales!

Year Established: 2012

Location and Service Area: Midtown Omaha, NE

Lease: 1819 square feet

Reason for Selling: Growing Family

Seller Training Period: 90 days, plus Franchise will train new Owner

Franchise: The only franchise in Omaha – 163 in the US – new owner would have first right to open any new location in Omaha market!

Growth Opportunities: Continue to seek out catering contracts such as the new $6,000 per month contract recently secured for 2016

Current Owner’s Responsibilities: Overseeing Shift

Facilities:

Lease: 1819 Sq. Ft. Build-out: $500,000

Competition:

Franchise: The only franchise in Omaha - 163 in the US - New owner would have first right to open any new location in Omaha market

Growth Potential:

Continue to seek out catering contracts such as the new $6,000 per month contract recently secured for 2016

Training/Support:

90 Days, plus Franchise Will Train New Owner

Seller Financing:

15% Seller Financing

Sale Reason:

Growing Family