Listing ID: 75001
Franchise opportunity to own an industry recognized Port of Subs made-fresh-to-order Sub Sandwich Shop. Located on a highly desirable corner of a busy shopping center with great visibility, this franchise has been long standing with an already established customer base. Seller is Absentee and advises this is an easy to operate Franchise. Although absentee run, cash flow reflects manager salary add-back if owner operated. Option to add EBT. Located in a great developed neighborhood, this is a local favorite offering made-fresh-to-order subs prepared while you wait includes freshly sliced, top quality meats and cheeses, freshly baked breads, and zesty dressings and spices. Menu includes a variety of Hot Subs, Specialty Subs and Wraps, Fresh Salads, Breakfast, Fresh Baked Deserts, Refreshing Beverages and Catering. Customers enjoy the perks with rewards program and delivery services such as GRUBHUB to name a few. The Franchise offers support for all aspects of the business operation including certified training, advertising, and ongoing operational assistance to name a few. Seller Financing Available! Option to purchase (2) locations, each location individually priced at $149,000 each, please inquire if interested – WCIC21923 and WCIC21922. To learn more please contact Vinni Sapra via email at firstname.lastname@example.org or text/call to (480) 227-3184.
- Asking Price: $149,000
- Cash Flow: $60,877
- Gross Revenue: $313,040
- EBITDA: N/A
- FF&E: $75,000
- Inventory: $25,000
- Inventory Included: N/A
- Established: 2005
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
30-days + 4-days Port of Subs Training Required -
This Business Is An Established Franchise
The business was founded in 2005, making the business 17 years old.
The sale won't include inventory valued at $25,000*, which ins't included in the asking price.
The company has 5 employees and is located in a building with approx. square footage of N/A sq ft.
The real estate is leased by the business for $6,008 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals decide to sell operating businesses. Nonetheless, the genuine factor and the one they tell you might be 2 completely different things. For instance, they may state "I have a lot of various commitments" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might just be excuses to try to conceal the reality of altering demographics, increased competition, current reduction in profits, or an array of various other reasons. This is why it is extremely essential that you not depend absolutely on a vendor's word, but rather, utilize the seller's solution in conjunction with your general due diligence. This will repaint a more realistic image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of businesses take out loans with the purpose of covering things such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can mean that earnings margins are too tight. Many companies fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be satisfied or might cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area attract brand-new clients? Most times, businesses have repeat customers, which develop the core of their daily revenues. Specific elements such as brand-new competitors growing up around the location, roadway building and construction, and employee turn over can affect repeat customers as well as adversely impact future revenues. One essential thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Certainly, the more individuals that see the business often, the higher the opportunity to construct a returning customer base. A last idea is the basic location demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? Exactly how might the neighborhood median household earnings effect future earnings potential?