Profitable Charley s Grilled Subs The Lakes Mall! (ID: 1087092)

FINANCIAL DETAILS
Asking Price: $125,000
Gross Revenue: $185,000
Cash Flow: $50,000
Inventory: n/a **
Real Estate: n/a **
FF&E: $150,000 ++
Business Listed by LISTING BROKEREatZ and Associates
Contact Broker:Tom TrainaEatZ and AssociatesView All of My Listings
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Profitable Charley s Grilled Subs The Lakes Mall!
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Business Description

Famous for their hot, fresh made-to-order Philly Steak
Sandwiches and other 100 percent USDA choice steak,
chicken & deli subs, grilled salads, gourmet fries and freshly
squeezed lemonade. Fairly new location with loads of
potential!

Prime Retail Space in the food court of The Lakes Mall, which
draws more than 8.5 million shoppers a year from the local
area, as well as, Grand Rapids, Grand Haven, and Ludington.
This enclosed mall is anchored by Dick s, JC Penny s, Sears,
Yonkers, Bed Bath & Beyond and over 77 stores & specialty
shops. Other popular food court tenants include Dairy
Queen, Little Easy Cajun, Sbarros and more.

About the Business

Year Established: 2011
Number of Employees: 4

Facilities: Leased space - rent $3,477/mth which includes CAM, electric and water. Current lease expires 2021 with the option to renew. Seating: Food Court. Days/Hrs of Operation: Mall Hours = Mo- Sa 10a-9p & Su 11a-6p.

Market Outlook/Competition: First restaurant opened in Columbus, Ohio on the Ohio State University campus 24 years ago. Began franchising in 1991 and currently has over 400 locations in 44 states and 15 countries worldwide. The restaurant chain has been recognized at the top of more than 10 national lists for successful franchising, entrepreneurship and management in all it s years of business! Fast Casual Magazine - Top 100 Movers & Shakers 2011, Entrepreneur Magazine - Best of the Best Franchises, Rated #1 in Category, Best of the Best Quick Service Restaurants & Top 57 Fast Food Franchises in the World, Entrepreneurship Intl - Top 200 Global Franchises, Inc. Magazine - 5000 Fastest Growing Companies 2008-2010, QSR Magazine - Best Company to Work For 2009, plus so much more. Just ranked in Top 100 for 2012 in Entrepreneur Franchise 500!

About the Sale

Reason For Selling: Absentee Owner - Lives out of state.

Training/Support: Three weeks at corporate headquarters in Columbus, Ohio.

Seller Financing: No

Attached Files - Attachment Disclaimer

  • EatZ Buyer Profile.pdf (258.6 KB)
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness.Please review our full Terms & Conditions here.

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