$49,000

Profitable Sub Franchise!

Virginia/Hampton Roads
Financials
  • Price: $49,000
  • Gross Income: $300,000
  • Cash Flow: $35,000
  • FFE: $45,000
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #1522
  • Year Established: 2008
  • Financing:
  • Training:
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

PRICE REDUCED! Profitable Sub Franchise! Operating six years this nationally recognized sub franchise provides for an easy transition. Fully staffed with experienced employees and shift managers, this location has proven to be a consistent performer. The franchise offers toasted subs, signature soups, and fresh salads with quality ingredients. Great support and training is available locally and from the franchise. The facility is positioned in a unique location near a huge military installation with a steady flow of customers and limited competition. And there is a great deal of room to expand with catering and delivery should a buyer decide to go that route. The space is well maintained, neat, and attractive, covering a comfortable operating footprint of 1200 square feet. The lease, including common area maintenance is $2,400 per month. The lease and franchise agreement continue until 2016, and both are renewable. Annual cash flow exceeds $30,000 with the current owner’s participation part time. A significant upside can be recognized should a buyer enter the business with the intent of full time participation. This is a great turn-key opportunity and the current owner will insure a comfortable transition into business. In addition, for the right buyer the current owner will consider some level of financing. For more information call Frank Chebalo, Advanced Business Brokerage, at 757-478-8346, or email at: frank@advancedbusinessbrokerage.com

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Frank Chebalo, CBI, ABI, CMSBB, CBC 4445 Corporation Lane, Virginia, Virginia Beach