5 Unit Fast-Casual Sandwich Franchise Portfolio + Owned Real Estate
Business Description
FY2025 Net Revenue $7.56M (+2.94% YoY)
Rare opportunity to acquire a five-location portfolio of a nationally franchised fast-casual sandwich brand, operating across Arizona's strongest-growth metro markets. FY2025 net revenue of $7.56M (+2.94% YoY) with weighted average normalized EBITDA of $390,693 (FY2023–FY2025 weighted 20/30/50); all five units are store-level EBITDA-positive. Normalized EBITDA peaked in FY2024 (~$523K) and normalizes to ~$361K in FY2025 (4.77% margin).
The portfolio runs catering at roughly two times the brand's system average (7.3% of sales, +21.5% YoY) under a dedicated Catering Manager, providing a defensible B2B revenue stream. A long-tenured operating team remains post-close: a 14-year District Manager and five General Managers averaging 7+ years. Franchise agreements run through 2032 (one unit through 2038) with no defaults, cure notices, or PIPs. The sale includes owned real estate at one location, a freestanding drive-thru independently appraised at $2,400,000 (April 2025), providing hard-asset collateral rarely found in QSR portfolios.
Asking $3,600,000 (negotiating anchor; independently concluded value $3,572,000, including $2.4M of appraised real estate). A buyer SBA 7(a) pre-approval is already in hand (Port 51 Lending): on a ~$3.2M financed structure the deal clears the 1.25x DSCR at ~1.94x with roughly $330K of buyer equity, delivering approximately 76.6% projected year-one cash-on-cash. Seller offers a 30–90 day transition. Brand, locations, and full financial package disclosed upon executed NDA.
The portfolio runs catering at roughly two times the brand's system average (7.3% of sales, +21.5% YoY) under a dedicated Catering Manager, providing a defensible B2B revenue stream. A long-tenured operating team remains post-close: a 14-year District Manager and five General Managers averaging 7+ years. Franchise agreements run through 2032 (one unit through 2038) with no defaults, cure notices, or PIPs. The sale includes owned real estate at one location, a freestanding drive-thru independently appraised at $2,400,000 (April 2025), providing hard-asset collateral rarely found in QSR portfolios.
Asking $3,600,000 (negotiating anchor; independently concluded value $3,572,000, including $2.4M of appraised real estate). A buyer SBA 7(a) pre-approval is already in hand (Port 51 Lending): on a ~$3.2M financed structure the deal clears the 1.25x DSCR at ~1.94x with roughly $330K of buyer equity, delivering approximately 76.6% projected year-one cash-on-cash. Seller offers a 30–90 day transition. Brand, locations, and full financial package disclosed upon executed NDA.
About the Business
- Franchise
- This business is an established franchise
Real Estate
- Owned or Leased
- Owned
- Included in asking price
Listing Info
- ID
- 2534553
- Listing Views
Listing ID: 2534553 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. See our full Terms of Use. Learn how to avoid scams.
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