Existing Sandwich Franchise For Sale in Burlington NC

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Net sales of over $500,000 and earnings over $72,000!
Asking Price:
$225,000

Gross Revenue:
$522,708
Cash Flow:
$72,840
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Open and operating sandwich franchise for sale is churning out net sales of over $500,000 and earnings over $72,000. Ready to buy a sandwich franchise with verifiable sales and earnings? This is the one!
This sandwich franchise for sale is ready for a new owner operator and it can be you! Forget building from scratch. Buy this open and operating sandwich franchise for sale and take over existing earnings. Half a million in sales delivers earnings to the bottom line of $72,000 for an owner/operator. Great location, this sandwich franchise for sale is centrally located in NC along the eastern Seaboard and the heavily-traveled I-40/I-85 corridor, high traffic and low costs! Burlington is surrounded by lakes and parks that fill up every year with locals and tourist. Don't forget about the convenient access to multiple colleges and Universities.
Right sized location is just under 2000 square feet with a monthly lease rate of under $3000. The lease expires in 2023 and we can work to secure additional option years. That is part of the success of this sandwich franchise for sale that will be approved for lending in under two weeks! Bring twenty percent down and you'll have loan approval and headed toward franchise approval in short order. No cooking. No frying. No late nights. No alcohol! Complete corporate training program is more than six weeks long, allowing you exposure to every part of the business before you take the keys! Then an Area Manager helps you in the first week of operations to make sure you're off to a good start.
Tet all the benefits of owning a franchise brand without the risk of starting from the ground up. Entrepreneur Magazine cites some of the reasons it makes a lot more sense to buy an existing franchise like this offered by the restaurant brokers instead of starting from scratch including: Common Brand and Operating Systems. You get a business process that's already built and tested. Ongoing Support - you get both initial training and ongoing coaching. You also get the Legal Disclosure required by law in their FDD along with of course, fees for use of the system.
The bottom line to an owner operator is $72,000. That's after all expenses including a six percent royalty fees and marketing fees of 4 percent. The training and transfer fee for this national brand is $10,0000. The current seller is a multi-unit owner who is looking to spend more time with his family giving you an opportunity to own and open and operating location from day one!

About the Business

Year Established:
2013
Number of Employees:
13
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,980
Rent:
$5,712,300.00 Per Month
Lease Expiration:
1/1/2023
Facilities:
Scotsman cube style ice machine-800 lbs 6 gallon ice tote Scotsman countertop ice dispense Food pans Food pan covers Coldfest Pans Wet floor signs Sandwich prep cutting boards and brackets Refrigerator Glass door with casters Refrigerator Reach in 3 door Freezer Reach in 1 door Holman conveyor oven Steamers w direct water hookup Water pressure regulartors for steamers Stainless work tables with casters Shelving Edlund scales Receiving scale Nemco tomato slicer w blade assembly Deli Wrap Holder
Website:
https://www.wesellrestaurants.com
Market Outlook/
Competition:
North Carolina ranks as FORBES Best State for Business for the first time With one of the highest net migration rates in the U S people have been flocking to North Carolina for the past decade
Growth & Expansion:
Pros Location employees busy shopping center
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About the Sale

Reason For Selling:
Relocation
Training/Support:
6 weeks Franchise

Listing Info

ID:
1500905
Ad Detail Views:
442

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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 North Carolina
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 North Carolina
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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