Business Overview

This profitable sandwich shop located in Overland Park is a great opportunity for anyone looking to buy a restaurant. This 1,500 sq ft Sandwich shop generated Gross Sales over $1,000,000.00 in2021, the first full year in operation.

The team consists of 24 team members, 2 full time and 22 part time , not including the sellers.

The sellers are planning on moving and want to find the right person to take on this great opportunity. There is also an opportunity to to acquire the other 3 territories that have not been developed for an additional cost.

Financial

  • Asking Price: $575,000
  • Cash Flow: $110,667
  • Gross Revenue: $921,306
  • EBITDA: N/A
  • FF&E: $200,000
  • Inventory: $12,000
  • Inventory Included: N/A
  • Established: 2020

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,570
  • Lot Size:N/A
  • Total Number of Employees:24
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Great location and long term lease in place with options to renew for another 10 years.

Is Support & Training Included:

Training provided by the frnachisor is 4 weeks and the seller

Purpose For Selling:

Sellers are moving out of state

Pros and Cons:

Fresh, high quality product with excellent customer service. Excellent franchisor support and digital applications.

Opportunities and Growth:

Huge room for growth as the business is relatively young. There is also more room for catering once the Pandemic restrictions are lifted.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was founded in 2020, making the business 2 years old.
The transaction won't include inventory valued at $12,000*, which ins't included in the suggested price.

The business has 24 employees and resides in a building with approx. square footage of 1,570 sq ft.
The real estate is leased by the business for $4,340 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell operating businesses. Nonetheless, the real factor and the one they tell you may be 2 entirely different things. As an example, they might claim "I have a lot of other commitments" or "I am retiring". For many sellers, these reasons are valid. However, for some, these might just be excuses to try to hide the reality of transforming demographics, increased competitors, recent decrease in profits, or an array of other factors. This is why it is very crucial that you not rely entirely on a seller's word, but rather, use the seller's answer combined with your general due diligence. This will paint a much more reasonable image of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses take out loans with the purpose of covering points such as inventory, payroll, accounts payable, and so on. Remember that sometimes this can indicate that revenue margins are too thin. Lots of companies fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that should be met or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location draw in new consumers? Often times, businesses have repeat customers, which form the core of their everyday profits. Particular variables such as brand-new competition sprouting up around the location, roadway building and construction, and also employee turnover can impact repeat clients and also negatively affect future profits. One vital thing to consider is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Obviously, the more individuals that see the business regularly, the higher the opportunity to develop a returning customer base. A final thought is the general area demographics. Is the business placed in a largely populated city, or is it located on the outskirts of town? Exactly how might the local typical family income impact future revenue prospects?