Popular Sub & Sandwich Restaurant Franchise
Location: United States -> Ohio -> Youngstown & Warren S
Industry: Franchises > Food and Beverages
Businesses for sale Summary
This profitable sub shop restaurant in operation since 2004 is located next to a major appliance store in a large retail complex that includes a major shopping mall. The contemporary design and decor, a plus feature very prevalent in all of these franchise units, have helped establish a very comfortable relaxing environment.
The franchise ranks near the top of its classification and best overall category annually in Entrepreneur Magazine. With over 4,000 restaurants nationwide the franchise name, concept and product are very recognizable.
Extensive training by both the owner and the franchisor will help insure a smooth transition. On going support from the franchisor with training in operations and marketing is provided through visits, workshops and a twenty-four hour help line.
Regional and national advertising by the franchisor help insure the potential for continual profitability. A new restaurant of similar size and construction through the franchise can price out at well over $250,000. Sale price is just $147,000!
Financials
Asking Price Range: < $250K
Gross Revenues: $305,074
Cash Flow: $59,744
Cash Flow Type: Sellers Discretionary Cash
Inventory: $159,000
Seller Financing: Yes
About The Business
Year Established: 2004
Number of Employees: 1 – 3
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide training
Reason For Selling: Retirement