Established Sandwich Shop for Sale in Raleigh, NC

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Asking Price:
$380,000

Gross Revenue:
$515,047
Cash Flow:
$149,219
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Lucrative sandwich shop for sale in charming Raleigh, North Carolina. High-volume location generates sales over $500,000 and close to $150,000 for an owner/operator. Why crawl from the bottom when you can start from the top?
This sandwich shop for sale is set in the heart of North Carolina's capital city. Raleigh is infamous for their many universities, including the esteemed North Carolina State. Hungry adolescents are not the only advantage of this location! You are also a fixture in a prime outdoor shopping center.
Even the neighborhood is to your advantage. Some of the surrounding businesses include a movie theater, park, and various shops throughout the center. This sandwich shop for sale even sits adjacent to a major interstate. We Sell Restaurants presents a golden opportunity for you with this listing.
So, why buy a sandwich shop for sale? For one, the benefits are incredible! You are starting out with an already established business for pennies on the dollar. Don't deal with the annoyance of build-outs and permits that consume your time and money. Walk into your new sandwich shop for sale and start profiting on day one!
That's not all! This sandwich shop for sale happens to be part of a beloved and nationally recognized brand. Becoming a franchisee has all the perks! Royalties are only 6% of sales and 2% for marketing, respectively. This includes 4 weeks of franchise training, directly from the brand itself!
Don't have the money up front? This sandwich shop for sale is an SBA approved franchise and with only 20% down, you will be the new owner in no time!
This sandwich shop for sale has an impressive square footage of 1,219! The lease rate is only $5787.42 including CAMS, taxes and insurance. The lease terms are 7 years with 1 year remaining. There are 2 options to renew for 5 years.
What are you waiting for? This successful sandwich shop for sale won't last long! Call the restaurant brokers today and let them set you up in this profitable sandwich shop for sale!!

About the Business

Year Established:
2011
Number of Employees:
6
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,219
Rent:
$7,054,852.79 Per Month
Lease Expiration:
8/17/2019
Facilities:
Back Kitchen walk in cooler freezer walk in freezer green Metro shelving NCR Silver POS server 17 inch monitor Brother fax printer 2 compartment drop safe 2 drawer file cabinet Hand wash sink 60 inch stainless table with built in sink Back of house metro shelving multiple Bag in box system Tomato slicer Rotary slicer Miscellaneous kitchen utensils Miscellaneous Cambro containers and lids Miscellaneous stainless pans Front Kitchen True sandwich unit line coolers True under counter milk cooler stainless cabinet with built in ice cream dipping cabinet and sink backline stainless cabinet backline 2 Lincoln ovens microwave Slicer Hobart 30x32 stainless microwave table NCR Silver terminal with 1 printer Stamp organizer Shake ingredient system 2 sleeve cup dispenser Neon sign Dining Room and Patio beverage cabinet counter 10 foot order counter and bag system Kids counter and menu panel Menu board system Community wall frame Exterior sign Neon open sign cameras security system outside ordering pool system 2 Trash cans in lobby Bose sound system Various size vibe wall hangings cup lid holders Condiment station Stainless towel holders round lighted signs that display pick up and order Television Existing Franchise Term and Any Renewal Options
Website:
https://www.wesellrestaurants.com
Market Outlook/
Competition:
Neighboring businesses include movie theater shopping mall park bowling alley grocery store All of these nearby businesses will be advantageous when it comes to amount of pedestrian traffic that effects your shop
Growth & Expansion:
Room to expand and grow
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About the Sale

Reason For Selling:
Personal
Training/Support:
4 Weeks franchise

Listing Info

ID:
1590200
Ad Detail Views:
0

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Business Listed by

Robin Gagnon

We Sell Restaurants
License# GA SL327379

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Wake County, NC
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 Wake County, NC
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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