Fantastic National Sandwich Franchise for sale. Major Price Reduction! The location is one of the best I have seen in many years. It suffered a setback last year due to Covid, but has showed a solid bounce back in 2021 and even better for 2022. The business is on track for the highest revenues ever this year. There are several new neighborhood factors that will cause continued growth for 2022 and beyond, especially the recent opening of a massive anchor tenant. Additionally, the store was fully remodeled at a cost of nearly $80K. In 2021 the business grossed $508,352.00. Up substantially from the 2020 gross sales of 437,000.00. These figures come straight from the POS and can be easily verified. Owner’s cash flow of $134,644.00 for that period reflects one part-time owner and 2 full-time employees. That is after paying an 8% royalty and 4% marketing fee. The current owner has been here for 13 years. There are 6 years left on the current lease with a rent of $5,068/mth. including tax and CAM. A well-qualified buyer may be able to negotiate a new lease and lease extension. The franchisor will aid in this process as well. We are seeking a serious and financially qualified buyer with at least $210K in liquid funds to cover the down payment. Additional funds shall be needed to cover the transfer fee, rent security working capital and closing costs. This business would be ideal for a family operation. With this location, this business will not stay on the market for long. To learn more, please call, text or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only once proof of liquid funds has been provided!
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Vested Business Brokers.