FRANCHISE SUB SHOP IN WAL-MART
Location: South Carolina > Horry County > Myrtle Beach
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $115,000
Gross Revenue: $2,800
Gross Revenue Comments: per week in winter, $5000/ week in summer
Inventory: $2,000 (Not Included in Asking Price)
FF&E: $80,000 (Included in Asking Price)
Seller Financing: will consider
Business Summary
How does having 16,500 customers walk past your store every day sound? This Blimpie franchise is located in the largest grossing Wal Mart in the Myrtle Beach area. Besides the Blimpie subs, this store can sell snacks, hot dogs, pizza, etc. A hands on operator can do great as the rent is only 2% of gross sales up to $25,000/ month, which is $500 or less. The rent includes utilities, pest control., trash, etc. This place has a built in customer base ( an average of $300/ day comes from Wal-Mart employees), dirt cheap rent and much more menu flexibility than any other franchise. Add catering to the mix and this could be a gold mine. The seller is looking for something bigger. Here is the perfect low risk starter business. Seller will consider financing.
About the Business
Year Established: 2005
Facilities: 1000 s.f. space in the front of 2nd busiest Wal- Mart in the state
About the Sale
Management Training and Support: 2 weeks in store, 1 week at corp. center
Reason For Selling: Looking for something larger
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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 the full Disclaimer here.
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