Business Overview

Once in a lifetime opportunity to own this #1 Sandwich franchise in desirable Bellevue location. Currently ran absentee and profitable, could be a goldmine with hands on owner/operator. Prime location surrounded by office, homes and apartments. Great franchise with great support system.

Financial

  • Asking Price: $200,000
  • Cash Flow: N/A
  • Gross Revenue: $324,251
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2011

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,600
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

1600 sq feet in very desirable Bellevue location.

Is Support & Training Included:

Franchise provides superb training.

Purpose For Selling:

owns other businesses as well

Opportunities and Growth:

could easily expand operating hours, currently only open until 8pm.

Additional Info

The venture was established in 2011, making the business 11 years old.

The business has 4 employees and is situated in a building with disclosed square footage of 1,600 sq ft.
The property is leased by the business for $5,306 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell businesses. Nonetheless, the genuine reason vs the one they tell you may be 2 totally different things. As an example, they might say "I have way too many various responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be excuses to attempt to conceal the reality of altering demographics, increased competition, current reduction in earnings, or a range of other reasons. This is why it is really essential that you not rely totally on a seller's word, but instead, make use of the vendor's answer combined with your general due diligence. This will repaint an extra practical image of the business's present scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Numerous businesses finance loans in order to cover items like supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can indicate that revenue margins are too small. Lots of businesses fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that have to be satisfied or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract brand-new customers? Most times, companies have repeat customers, which create the core of their everyday profits. Certain aspects such as new competitors growing up around the location, roadway construction, as well as personnel turn over can impact repeat consumers and also adversely influence future profits. One crucial point to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the greater the opportunity to develop a returning customer base. A last idea is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? How might the neighborhood median household income influence future income potential?