# 1 National Franchise Sub Shop Owner Profit $40,995 Only $49,900

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Motivated Seller is Ready to Negotiate !!!!
Asking Price:
$49,900

Gross Revenue:
$182,466
Cash Flow:
$40,995
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,500
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

National Franchised Sub shop Ranked “Number #1” located inside a National Super Market Chain located in Delaware County.

The shop is run 100% ABSENTEE by a Multi Unit franchise operator. Store is operated by a store manager.

Very easy store to operate can be run wtih 3 to 4 people.

Owner is to busy has done a limited amount of marketing new owner can drive sales both in-store and catering by marketing to local businesses and residential Roof Tops that surround the shop !!

FANTASTIC LEASE: Rent is 8% of Shop Sales and has been running at Only $1,247 per Month. Rent INCLUDES ALL UTILITIES (Except Phone & Internet).

Lease Expires July 2023 with 3 Five Year Options To Renew the Lease. (Lease Can be Extended Through 2038)

Asking Price is at a Fraction of the price it would cost to start the business.

Great Opportunity for a New Owner to join this Number #1 Ranked National Sub Sandwich Franchise at a very low entrance cost.

This is an easy business to run for an on site Owner Operator.

Asking Price $49,900 PLUS Est Inventory $4,500 PLUS Franchise Transfer Fee of $7,500.

This one is PRICED TO SELL !!!

About the Business

Location:
Delaware County, Ohio
Year Established:
2013
Number of Employees:
1 FT 3 PT
Real Estate:
Leased
Building Sq. Ft.:
1,022
Rent:
$1,247.00 Per Month
Lease Expiration:
7/31/2023
Facilities:
This Sandwich Shop is located inside a National Super Market Chain. Have access to daily shoppers and surrounding businesses and roof tops. Busy location !! Rent is 8% of Monthly Sales and it Includes Utilities. Lease Expires July 2023 there are 3 Five Year Options to Renew !! Three (3) Five (5) Year Options to Renew

Monthly Rent: 1247

Type of Location: located inside a National Super Market Chain located in Delaware County.
Growth & Expansion:
Historical Summary:

Business Started in 2013 and is owned by a multi unit operator.

Potential Growth:

Owner Operator can drive sales through marketing both in store and catering.
Contact the Seller

About the Sale

Reason For Selling:
Seller owns 15 stores throughout Columbus and has decided to sell this location
Training/Support:
The Franchiser will provide two weeks training at their Corporate HQ and an additional week local training in store. Seller will insure a smooth transition.
Seller Financing:
Seller Financing to qualified buyer for inventory only.

Listing Info

ID:
1598825
Ad Detail Views:
0

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Business Listed by

Frank Nunziata

Jim Tharp Realty

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Source: Decennial Census (2010), United States Census Bureau.

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