This sub and soup franchise is located just 15 minutes south of the airport. It is not the sub shop that has hundreds of twin cities locations. This sandwich business also does deliveries and has great soup in addition to its sandwiches. The current seller runs the business absentee and to achieve the profit the business does, you would need to be an owner/ operator. The franchise provides 3 weeks of training prior to you owning the business to help guarantee your success. There are trained employees in place and this is a turnkey operation that has been around for about 10 years. With only $40k down and seller financing on the balance this is a great opportunity for someone who wants to own their own business yet get the backing and support a national franchise can provide.
Please contact Matt Schroder at 651-288-1629 for more details.
Asking Price: $75,000 Gross Revenue: $549,541Cash Flow: $66,128 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: Not Disclosed Share 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.
National Sub Franchise / $75k with $40k Down with Seller Financing
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