Franchise Sandwich Shop East El Paso For Sale

Business description

This store was acquired by the current owner in March of 2009 and has the potential to be one of the highest volume sandwich shops in El Paso. This store would be a wonderful opportunity for someone wishing to take over a growing and currently profitable well known franchise sandwich store with lots of additional growth potential. Also, buyer should consider purchasing the Seller s second location(see GBS264A) which would significantly increase Buyer s opportunities for additional sales and cash flow. (Gross Sales & EBITDA based on 2009 actual results annualized for the entire year) This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. For more information, call Tom Given @ 915-585-1900 or email given@libertyexchange.com.

Property information

Real Estate:

Lease

Premises details:

This restaurant is located in a densely populated area of population in East El Paso with heavy commercial traffic in the area. Space is approximately 1700 sq ft, has current monthly rent of $2,444. Lease term has 5 years remaining.

Size in square feet:

1,700

Other information

Expansion potential:

Significant growth in this part of town should help this store grow on a long term basis. In addition, the owner has recently started a home/commercial delivery service for the business and this part of the business should continue to grow. The current owner recommends that the new owner increase the local store marketing by bringing flyers to area businesses and by utilizing direct mail of promotional flyers in the store market area.

Competition / Market:

This is the only sandwich shop of its kind in the immediate area; however, as this is in an area of high traffic and demand for food services, many other restaurants and fast food facilities are in the area.

Support & training:

2 weeks - longer term consulting

Reasons for selling:

Current Owner's job will require significant travel in the future

Financing available:

SBA financing may be possible w/20% down

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$3,000