EBITDA up 42% - SIX FIGURE NET! Industry Leading Sub/Sandwich chain

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Asking Price:
$249,900

Gross Revenue:
$683,814
Cash Flow:
 Not Disclosed
EBITDA:
$110,208
Inventory:
$4,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Sales and EBITDA are climbing daily at this top-performing location of an Industry Leading Fast-Casual Sub/Sandwich Franchise. Seller has recognized a 42.48% INCREASE in Cashflow vs. prior year. This is an established Firehouse Subs location with strong sales, loyal customers and consistent performance for over 4 years. The sale will consist of 1 open/operational store. FINANCING IS AVAILABLE.

This sale is not typical. This Firehouse Subs location is highly successful and operates above National Average Unit Volumes. The store benefits from both a local customer base and the Regional draw of the mall. This location takes great pride in presenting their site in the best possible light to its customers. The store is very clean / well-maintained, and the team provides exceptional hospitality!

The store has an Assistant Manager and fully trained staff for operating the business with a new Owner/Operator.

This industry-leading brand was founded in 1994 and has added more than 350 locations since 2015. This award-winning concept earned a top spot on Forbes’ 2018 ranking of Best Franchises To Buy.

Serving only premium meats and cheeses steamed and piled high on a toasted sub roll, with fresh produce and condiments has earned this franchise system Technomic’s Chain Restaurant Consumers’ Choice Award as No. 1 Overall Brand. In addition to its signature subs, the restaurant offers a variety of catering options from sandwich and dessert platters to salads and snacks to fuel any occasion.

Recent Rankings and Awards: # 1 Consumer Favorite Sandwich Chain by Nation’s Restaurant News; Best Restaurant to Buy by Forbes; #1 Top Chain by Restaurant Business; #1 Consumers Choice for Food Quality;

Interested in additional Information?
1) Download or open the Confidentiality Form located in the Attached Documents section below.
2) Complete the Confidentiality Form and return it to us via the email address listed on the bottom of the Confidentiality Form.
3) Upon our receipt of your completed Confidentiality Form, we will contact you and provide you specific data for this business opportunity.

You may also download the Confidentiality Form from our website at www.AtlanticBusinessBrokerage.com, where you can also view similar businesses for sale in your area.

About the Business

Location:
Colonial Heights city County, Virginia
Year Established:
2014
Franchise:
Yes
Facilities:
This Firehouse subs is part of the Southpark Mall, in-line with Dick’s Sporting Goods and backs up to the Regal Cinema 16 that serves this market. It is easily accessible from I-95, within minutes of the Ft. Lee Military base and has excellent visibility. The location is in a rapidly growing market, with easily affordable rent!
Growth & Expansion:
The store has been successful with virtually no store level marketing.
-- Huge growth potential to expand catering business in-house and through EZCater!
-- Firehouse Subs launched its 3rd-party delivery partnership with Uber Eats in September 2018. This location launched with Uber Eats and Grubhub in February 2019 and is seeing an immediate uptick in sales. This will be all upside growth for this store under the new ownership!
-- Community Involvement - Fundraising nights with school organizations, etc. would be very impactful.
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About the Sale

Reason For Selling:
Seller is retiring.
Training/Support:
New Franchisee will also receive up to 8 weeks of training from the Seller and Franchisor.

Listing Info

ID:
1618254
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Confidentiality Form (829 KB)
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Business Listed by

Jeff Percey

Atlantic Business Brokerage, Inc.

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Sponsoring Broker:

Daniel Puciato
Atlantic Business Brokerage, Inc.

U.S. Census Data for Colonial Heights city County, 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 Colonial Heights city County, 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.


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