Las Cruces New Mexico Franchise Sandwich Shop For Sale

Business description

** Price Reduced to $70,000 ** This well known franchise sub shop opened in January 2009 serves a growing area in Las Cruces. Already an established name in the sandwich genre, this franchise is noted for innovation and the ability to adapt to the market. New sandwiches are regularly introduced. This already established but relatively new store is poised for growth and represents a great opportunity for an entrepreneur or a family to buy an existing store with a good cash flow at a price which is significantly less than would be required to open a new store. (Gross sales and cash flow based on 2009 financial statements).

This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities.

Property information

Real Estate:

Lease

Location:

This sandwich shop is located in a high growth area of Las Cruces in a new, modern commercial strip center.

Premises details:

With exercise of renewal options, the lease will continue until 2033. 1,600 sq. ft. @ $1,970/mo.

Business Operation

Expansion potential:

Population growth in this part of town should help to fuel long term growth. In addition, the current owner recommends expanding the advertising by distributing flyers by mail and by hand delivery to area businesses.

Competition / Market:

This is the only sub shop near this prime location; 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.

Reasons for selling:

Owners are involved in many other business opportunities in the area and are unable to devote significant time to this business.

Years established:

3

Other information

Support & training:

2 week + longer term consulting. Also, significant training and support will be provided by the franchisor.

Furniture / Fixtures value:

$80,000 (included in the asking price)

Inventory / Stock value:

$6,000 (included in the asking price)