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Asking Price$174,000
Revenue | $443,349 |
Established | 2012 |
Cash Flow | $49,176 |
Employees | 5 full, 4 part |
FF&E | $130,000* |
Franchise | Yes |
Inventory | $10,000* |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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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 |
Ad #78591
Seller Reference #RES037
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