Earn $170,000+ with Top Performing National Sandwich Franchise

Contact Seller
Well run and profitable national sandwich franchise (4.5 yelp stars)
Asking Price:
$399,500

Gross Revenue:
$688,812
Cash Flow:
$170,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$7,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

Don't miss this opportunity to own one of the best run and most profitable sandwich franchises in Richmond. This store is consistently ranked in the top 10% of sales & profits out of the more than 400 locations nationwide. The store is positively increasing sales revenue. This location is turn-key with all the operational systems in place to maintain the high level of service that customers expect. The franchisor will also provide ongoing support from the regional franchise business consultant. Contact the listing agent for additional details. Qualified buyers will to meet the lease transfer financials requirements of net worth of $500,000 or more.

About the Business

Location:
Richmond, Virginia
Year Established:
2013
Number of Employees:
18
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,734
Rent:
$4,551.75 Per Month
Lease Expiration:
10/31/2022
Facilities:
The restaurant equipment and furniture is well maintained and in excellent condition. The franchisor will thoroughly inspects the equipment prior to any transfer of ownership and require the seller to repair or replace FF&E that is broken or not working properly. The standard equipment package includes the following: walkin cooler and freezer, signage, POS systems, 2 lincoln ovens, all back of house (sinks, shelving, and smallwares), hobart meat slicer, blenders, ice cream freezer, and much more.
Market Outlook/
Competition:
The restaurant is located along one of the most traveled thoroughfares in Richmond, and it is surrounded by office, complimentary retails, and high earning residential homes. The restaurant is in one of the busiest Class A shopping centers in the city. The city of Richmond has grown at twice the rate of both the state of Virginia and the Nation as a whole, and it continuing to outpace much of the rest of the county. The team in the store delivers exceptions customer services, and has developed a loyal following and reputation in the area.
Growth & Expansion:
The current owner has primarily focused on walk in business, and there is a huge opportunity to increase bottom and top line revenue with catering sales. The location of the restaurant is ideal for targeting universities, schools, and local business for off premises meals. The catering opportunities are limitless and an excellent profit driver.
Contact the Seller

About the Sale

Reason For Selling:
Will explain with any interested and qualified buyers
Training/Support:
1-3 weeks training at the corporate headquarters prior to taking over the business. The duration of the training is based on restaurant and business experience of the buyer.

Listing Info

ID:
1451243
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by
Grant Alexander (Restaurant Broker & Consultant)

 Show Phone Number

U.S. Census Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Age

Gender

Ethnicity

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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 & Conditions.