Franchise Philly Sandwich in High-end Area

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Asking Price:
$259,000

Gross Revenue:
$400,000
Cash Flow:
$85,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
not included in asking price

FF&E:
$125,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Premium franchise sandwich shop placed in the hub of a fast growing city of North Dallas is available for acquisition. This business was originally established in mid-2014 by the current owner of the business. Most of the customers are middle to upper-class Caucasian individuals that live in the surrounding densely populated neighborhoods and the employees from the office buildings that has various corporations residing inside. Including the fact that all the customers are loyal repeat customers with large amounts of disposable income and the area is well-known to provide a consistent source of revenue as there's lot of foot traffic within the business location. Net sales average projected for 2018 is $450,000/year that has drastically increase from 2017 where the sales were at $400,000/year with only online marketing done in social media. Although a lot of marketing is currently utilized through online resources, other proactive marketing methods in the local area of this business is crucial to the further growth of the cash flow and customer acquisition in untapped area within the region. Competition can be expected for this type of franchise business, but thankfully there's no competitor that has specialty premium sandwiches within the area as well as some typical dine-in restaurants that surround this business has different type of cuisine. There are many ways to proactively market this business such as direct mailing, delivery service, 3rd party delivery service, catering service, daily specials, weekly deals and full-time owner involvement. Catering services especially within the area needs to be fully realized as many adjacent cities and areas have numerous businesses as well as offices that can be potential sources of revenue. Full-time owner involvement will be extremely beneficial to the overall health of the business as unnecessary payroll expenses can be cut and owner to customer relations will improve. This business has everything in place for a potential buyer to proactively market this business while also being fully involved in the day-to-day business operation.

Listing ID #000637
For more info, please call Moon Kim at 1-866-519-2421.

About the Business

Location:
Dallas, Texas
Year Established:
2014
Number of Employees:
3FT/3PT
Franchise:
Yes
Facilities:
This business is located in a 1,565 SF retail strip center that is surrounded by many neighborhoods and office buildings providing consistent traffic to the area of this business. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Few retailers and restaurants are around the area, but there is no competitor that specializes in products that this business provides within the immediate market area.
Growth & Expansion:
Some marketing is done online through social media, but other proactive marketing is needed to further grow the business and acquire new customers.
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About the Sale

Reason For Selling:
Other Opportunities
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1522945
Ad Detail Views:
290

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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U.S. Census Data for Collin, Dallas and Denton Counties, TX
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Collin, Dallas and Denton Counties, TX
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Source: American Community Survey (2010-2014), United States Census Bureau.

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