Firehouse Subs Franchise for Sale - Maryland Ready for New Owner

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Why build when you can buy a Firehouse Subs Franchise for Sale like this one? G
Asking Price:
$265,000

Gross Revenue:
$618,192
Cash Flow:
$103,780
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Why build when you can buy a Firehouse Subs Franchise for Sale like this one? Generating top line sales well over half a million that delivers strong results to the bottom line. Bring 20% down as this qualifies for lending. Take over this money-making store in Maryland today!

Looking for a great location? This Firehouse Subs franchise for sale is very close to a major interstate highway and is the first restaurant hungry drivers see when they exit the highway. Great trade area and a very dense area. Strong opportunity to develop catering and delivery business in this market. Contact We Sell Restaurants today for more information.

Buying an established franchise for sale like this one is a shortcut to success. You get an open and operating unit with earnings on the books. No "on the job" training. This is an established business with the support of a mega brand with thousands of units providing the use of their trademark, processes, and systems to generate success. All of this for a nominal charge that's already calculated in the earnings. Royalties are 6% and are charged on sales. The marketing to promote this brand across the country is 4% of sales.

The current location is due for an upgrade that will be between $25,000 and $30,000. The seller has agreed to cover this cost in his listing price. That means you will get a store with a brand new upgraded look and feel -- sure to increase sales as soon as you take over! That's a winning strategy and you will have the freshest and most up to date look in the chain.

The reasons for buying a Franchise for Sale include verifiable results, the security of existing cash flow, and a proven location. This 2498 square foot store has all of these. The lease rate is $7128.50 per month all in, which includes both the base rent plus CAMS, taxes, and insurance charged by the landlord. The assignable lease terms are valid through 2021 plus two 5-year options to renew which takes the lease term out to 2031 with identified rates - no negotiation required.

SBA lending is ready to go on this location. Our lenders have already approved the business based on the strong cash flow and proven results. Bring just 20.00% to the table and your own good credit and experience. You’ll own this Franchise for Sale with payments spread over a ten-year term with market rates.

Join the world of big brands with this franchise for sale. You'll never be alone in business again. You get the ongoing support and training of a major brand with an area developer and his franchise team supporting you all the way. Learn from the best with 6 Weeks Franchise training including one week of GM training in their corporate offices in Jacksonville, Florida. This is fully covered by the $10,000 training and transfer fee. This fee also includes the transfer of the remaining term of this franchise agreement along with all options to renew.

About the Business

Year Established:
2011
Number of Employees:
14
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,498
Lease Rate:
 Not Disclosed
Lease Expiration:
8/1/2031
Facilities:
3 POS Terminals
3 Cash Drawers
3 Printer
3 Credit Card Terminal
1 Computer
1 ICE MACHINE CUBE
1 MERCHANDISER REFRIGERATED
1 REFRIGERATOR REACH-IN
1 CONVEYOR OVEN HOLMAN 208V LEFT TO RIGHT OPERATION
6 STEAMER 124V GASKET UNIT PLUG
3 SCALE SMALL
1 SCALE -LARGE
WARMER COUNTERTOP
MICROWAVE
BRANDED TABLE AND CHAIRS
CARPTMENT SINK
1 FREEZER
1 TWO DOOR FRIDGE
1 THREE DOOR FRIDGE
1 SINGLE DOOR FRIDGE
1 GLASS DOOOR
1 THREE DOOR WORK STATION
1 TWO DOOR WORK STATION
WORK TABLES
SHELVING
Menu Board
Meat Slicer
MISC Décor
MISC DISPLAYS
MISC SMALLS
Small wares including pans
72 CHAIRS 5 HIGH CHAIRS
Remaining term of franchise agreement and any options to renew.
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Very close to major highway; first restaurant location off the interstate. Great trade area and a very dense area. Catering and delivery opportunities are huge in this area.
Growth & Expansion:
Big population and a good level of income. Regular customers are highly loyal. Very Family oriented business that appreciates commitment to community.
Contact the Seller

About the Sale

Reason For Selling:
relocation
Training/Support:
6 weeks franchise

Listing Info

ID:
1540940
Ad Detail Views:
484

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Business Listed by

Robin Gagnon

We Sell Restaurants
License# GA SL327379

 Show Phone Number

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Memberships:
   

Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Baltimore County, MD
Age

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

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U.S. Community Survey Data for Baltimore County, MD
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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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