Business Overview

This sandwich franchise is located in a busy downtown location in Penobscot County. This is a great opportunity for an owner operator.

Franchise ownership is a great way for a newer operator to break into the food service business. Use the systems, tools and techniques already in place. The franchise is always there for support. You won’t be be alone when you become your own boss. They provides some of the best initial and ongoing training and support by any franchise.

There has never been a better time to become an owner-operator of this Franchise for sale than right now!

All equipment transfers in the sale including: Bread Oven & Proofer, Toaster Ovens, Walk-in Freezer & Cooler, Sandwich Line, All Racks & Shelves, Tables, Chairs, POS System, Franchise Branding and more.

Financial

  • Asking Price: $274,500
  • Cash Flow: $135,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $72,600
  • Inventory: $6,500
  • Inventory Included: N/A
  • Established: 1991

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Franchise training done locally.

Purpose For Selling:

Seller is moving

Pros and Cons:

There are other sandwich shops in the area, but not with this brand recognition.

Opportunities and Growth:

Expand hours of operation. The franchise offers breakfast, but the current owner currently doesn't.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was established in 1991, making the business 31 years old.
The sale shall not include inventory valued at $6,500*, which ins't included in the suggested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell operating businesses. However, the true reason vs the one they tell you might be 2 absolutely different things. For instance, they may say "I have a lot of other responsibilities" or "I am retiring". For many sellers, these reasons stand. However, for some, these might just be reasons to try to hide the reality of changing demographics, increased competitors, recent decrease in revenues, or a range of other factors. This is why it is extremely crucial that you not count entirely on a vendor's word, however instead, make use of the seller's answer along with your general due diligence. This will repaint a much more sensible image of the business's present scenario.

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. Lots of companies borrow money with the purpose of covering items such as inventory, payroll, accounts payable, and so on. Keep in mind 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 likewise be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that have to be met or might result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in new clients? Many times, businesses have repeat customers, which develop the core of their everyday revenues. Specific elements such as new competition sprouting up around the location, road building and construction, as well as personnel turn over can impact repeat consumers and also negatively affect future profits. One essential point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the greater the possibility to construct a returning customer base. A last thought is the general area demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? Just how might the neighborhood median family earnings influence future revenue potential?