Sandwich franchise for sale in booming Ann Arbor, MI - Close to Univer

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Sales over 500,000 earnings nearly $100,000!
Asking Price:
$299,995

Gross Revenue:
$500,588
Cash Flow:
$62,736
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Purchase a sandwich franchise for sale with unquestionable success and the sales to prove it! Open and operating, this college-town favorite is already on top! With sales topping $500,000 and earnings of nearly $100,000 - Don't climb from the bottom. It's time to start from the top!
You could not ask for better real estate than the blue and maize loving town of Ann Arbor, Michigan. Let hungry patrons flood your sandwich franchise for sale before they go to cheer on the Wolverines! The sprawling University of Michigan will provide a colossal customer base, with enrollment over 40,000. Young adults are notorious for their penchant for on-the-go food. Tap into the millennial market and purchase this sandwich franchise for sale!
Starting from the ground-up means time, headaches, and money. When you take over a sandwich franchise for sale, you are getting almost all the benefit with barely any risk. The proof is in the books! The previous owner-operator took home close to $100,000 in 2018. Forget the build-outs and permits of starting from scratch; We Sell Restaurants is bringing you the opportunity and it is up to you to seize it!
Just because you go into business for yourself doesn't mean you have to go it alone! When you become a part of a mega-brand like this sandwich franchise for sale, you reap the many benefits that come with it. You receive several weeks of one-on-one training from the franchise and ongoing mentoring by brand professionals. For only 6% royalties and 3% marketing, you will receive promotional material, ongoing support, and the peace of mind that you are backed by a nationally beloved brand. In fact, their product is enjoyed so heartily that they are in the top 10 of Forbe's “Best Franchises in America”.
This 1986 square foot sandwich franchise for sale in Ann Arbor is situated in the middle of downtown amidst a thriving shopping corridor. Rent of $5,063 per month. CAMS come out to about $4,900 a year. Way better than market rates in the Ann Arbor area. Valid lease through July 2025 PLUS one five-year option to renew. Total daytime population within with a five-mile radius is a whopping 214,324 and includes over 61,000 households. Average household income reported in 2015 within a 5-mile radius was $87,492.
If you want to get into the restaurant business but don't have the capital to match your zeal, great news! This sandwich franchise for sale qualifies for SBA lending with as little as 20% down.
Who says college students don't have any money! They love to eat out and they love this concept which is spot on for the millennial customer!

About the Business

Year Established:
2015
Number of Employees:
12
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,050
Rent:
$10,380,585.00 Per Month
Lease Expiration:
7/31/2025
Facilities:
2 Brand-New Silver POS systems Back Kitchen 88x67 walk in cooler 88x67 walk in freezer 3 - 18x37 5 shelf green Metro unit 3 - 18x45 5 shelf green Metro unit 3 - 18x60 4 shelf green Metro unit Aloha POS server Monitor Safe 2 drawer file cabinet Hand wash sink Stainless table with built in sink Ice machine 1 - 24x60 5 shelf Metro unit Bag in box system Nemco tomato slicer Nemco rotary slicer Miscellaneous kitchen utensils Miscellaneous Cambro containers and lids Miscellaneous stainless pans Front Kitchen 2 - 72 inch True sandwich units 27 5 inch True under counter cooler 120 inch stainless cabinet with built in ice cream dipping cabinet and sink backline 72 inch stainless cabinet backline 2- Lincoln Impinger 1301 ovens Commercial microwave Slicer 30x32 stainless microwave table Aloha terminal with 1 printer Shake ingredient system Neon sign Dining Room and Patio 36x96 beverage cabinet counter 3 - 2 top tables 8 - 4 top tables 6 top table 20 chairs 24 tall chairs 5 - low table bases 10 - high table bases 10 foot order counter and bag system Kids counter and menu panel Menu board system Community wall frame 12 foot dining counter 2 - trash can 2 - Exterior sign Neon open sign Camera security system 4 speaker Bose sound system 5 - Various size vibe wall hangings 2 - cup lid holders Condiment station 3 - Stainless towel holders
Website:
https://www.wesellrestaurants.com
Market Outlook/
Competition:
The only franchise of it s kind in the area Right on the corner and surrounded by shops several schools a university and more
Growth & Expansion:
Room for expansion as it is the only franchise in the city and for approximately 30 miles each way You can build up multiple franchises over time into neighboring smaller cities
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About the Sale

Reason For Selling:
Relocation
Training/Support:
6 weeks offered by franchise

Listing Info

ID:
1594251
Ad Detail Views:
0

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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 Washtenaw County, MI
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 Washtenaw County, MI
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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