Established National Sub Franchise In Hampton Roads For Sale

Business description

Established National Sub Franchise

~$39k in Seller’s Discretionary Earnings

Annual Receipts Over $525K

Established Customer Base in Hampton Roads

Purchase this nationally branded sub sandwich shop with three (3) years of growth and service to the local area, national franchise support, positive word of mouth, strategic locations in one of the most highly traveled portions of Hampton Roads, and national/local ad campaign (coupons, commercials, circulars)

Nestled in a high traffic strip shopping center, this unit is 1,718 sqft and seats 49 patrons. This location benefits from a dense concentration of retail and professional offices as well as a strong residential presence. This area also is heavy with commuter traffic, a prime advantage to fast food concepts. Rent is currently approximately $4,536.95 per month with a Ten Year Lease (in the 4th year) followed by two (2) 5 year options.

Please contact FOUAD MOHIT for more information

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Property information

Real Estate:

Lease

Premises details:

1750 sq ft, $N/A

Business Operation

Reasons for selling:

Downsizing to refocus on primary store

Trading hours:

Days: Mon-Sun, Hours: 1030am-9pm

Employees:

Full Time: 1, Part Time: 12

Years established:

4

Other information

Financing available:

Downpayment Required: NEGOTIABLE
Monthly Payroll: $12,000

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$5,500 (included in the asking price)