Business Overview

Number #1? Ranked National Franchised Sub shop. The shop is run 100% ABSENTEE by a Multi Unit franchise operator. Store is operated by a store shift supervisor and has never received the personal attention that an Owner Operator can provide!!

As a result it Has Not Even gotten close to its true Sales Potential !!

Multi Unit Operator has no time for this location he has decided to put it up for sale at a Fraction of the price it would cost to start the business.

Great Opportunity for a New Owner to join this Number #1 Ranked National Sub Sandwich Franchise !!!

This is an easy business to run for an on site Owner Operator.

Asking Price ONLY $69,900 PLUS Est Inventory $4,000 PLUS Franchise Transfer Fee $7,500.

Great Lease!!

This one is PRICED TO SELL !!!

Financial

  • Asking Price: $69,900
  • Cash Flow: $23,299
  • Gross Revenue: $157,402
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $4,000
  • Inventory Included: N/A
  • Established: 2012

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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Great Location in Busy Strip Center on main road. Total Rent is fantastic Only $1,842 per month. There are Two 5 year options to renew with only small rent increase. Equipment in Great Shape very well maintained. Two (2) Five Year Options to Renew. Lease Terms: Fantastic Lease TOTAL Rent is Only $1,842 per month. Base Rent in 1st Opt is only $11 per sq ft and in 2nd Opt Base rent is only $12.10 sq ft.

Is Support & Training Included:

The Franchiser will provide two weeks training at their Corporate HQ and an additional week local training in store. Seller will insure a smooth transition

Purpose For Selling:

Seller is a Multi Unit Operator looking to sell a unit.

Opportunities and Growth:

Presently Run 100% ABSENTEE !! Very Little Marketing done. New Owner Operator can market and build Sales.

Additional Info

The company was established in 2012, making the business 10 years old.
The deal doesn't include inventory valued at $4,000*, which ins't included in the asking price.

The business has 1 FT 3 PT employees and resides in a building with approx. square footage of 1,600 sq ft.
The building is leased by the company for $1,842 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell operating businesses. However, the true factor vs the one they say to you might be 2 totally different things. As an example, they may say "I have too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might simply be justifications to attempt to conceal the reality of transforming demographics, increased competition, recent decrease in profits, or an array of various other factors. This is why it is really vital that you not rely completely on a vendor's word, however rather, use the seller's answer together with your total due diligence. This will paint a more practical image of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses borrow money so as to cover items such as stock, payroll, accounts payable, so on and so forth. Remember that in some cases this can suggest that earnings margins are too thin. Many organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to think about. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that must be fulfilled or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location bring in brand-new customers? Many times, companies have repeat customers, which form the core of their everyday earnings. Specific variables such as brand-new competition sprouting up around the location, roadway building and construction, and personnel turn over can affect repeat clients and negatively impact future earnings. One important point to consider is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the higher the chance to develop a returning client base. A final idea is the general area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Just how might the regional average house earnings impact future revenue potential?