Business Overview

This particular Firehouse Subs Franchise had solid sales, even through 2020.This store is turn-key and comes with everything you need to continue these great sales. There is also an option to acquire an additional location in the area in the future as well. Equipment such as cold tables, upright freezer, coolers, tables, racks, and more is included in the purchase price. Catering is a great revenue source at these Firehouse Subs Franchises for Sale, the new owner gets the benefit of these strong relationships that have already been built. With a staff totaling twenty-two employees, between the two stores these Firehouse Subs Franchises for Sale are running smoothly and already setup for success. The knowledgeable and well-trained staff are already in place, and experienced managers that would most likely be willing to stay on for the new owner if needed. Great Brand, Multiple Stores, High Sales, and Incredible Earnings! This is a recipe for success and these DFW Area Firehouse Subs Franchises for Sale have proven themselves since 2019. Call today for more information.

Financial

  • Asking Price: $500,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

No more time to invest

Why is the Current Owner Selling The Business?

There are all types of reasons why people resolve to sell companies. However, the genuine reason and the one they tell you might be 2 completely different things. For instance, they may state "I have a lot of other responsibilities" or "I am retiring". For many sellers, these reasons stand. But also, for some, these may just be excuses to try to conceal the reality of changing demographics, increased competitors, current reduction in revenues, or a variety of other factors. This is why it is extremely important that you not depend entirely on a seller's word, however rather, use the seller's response combined with your general due diligence. This will repaint a more practical image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Many companies finance loans in order to cover items such as stock, payroll, accounts payable, and so on. Remember that occasionally this can suggest that profit margins are too small. Numerous organisations come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that have to be satisfied or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location draw in brand-new clients? Most times, businesses have repeat customers, which form the core of their everyday profits. Certain variables such as new competitors growing up around the location, road building and construction, as well as personnel turnover can influence repeat customers as well as negatively affect future profits. One crucial thing to consider is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Obviously, the more people that see the business often, the greater the chance to develop a returning customer base. A last thought is the general area demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? How might the neighborhood average house earnings impact future income prospects?