We Sell Restaurants - North Carolina Restaurant Brokers
Asking Price: $225,000 Gross Revenue: $522,708Cash Flow: $72,840 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
Building Sq. Ft.:
$2,890.80 Per Month
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
Existing Sandwich Franchise For Sale in Burlington NC
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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
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