Asking Price: $175,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $155,000 not included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: 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.
Sandwich shop franchise established in 1988. Specializing in quality overstuffed, marinated grilled sirloin steak and real chicken breast subs. Expansion started in 2007. Current location range from Virginia to California and into the south
About the Business
Tarrant County, Texas
This franchise's passion is infusing quality into the sandwich industry. The first restaurant was established in 1988 with the purchase of two sub shops. Jon Smith transformed the menu, pricing, and overall operations and won customers over. He added a new prototype and quickly realized the more he built, the more the business grew. The story of Jon Smith Subs is one of success. Decades of hard work have yielded delicious results for customers and a great place to work for the dedicated staff in all the locations.
Growth & Expansion:
The location is well suited for a fast casual dining restaurant. It is located near other similar type restaurants. The demographics include a solid base of customers who are attracted to the quality product that Jon Smith provides. Our location is at the confluence of three major streets and one block south of a major interstate freeway. Visibility is excellent with a very high traffic flow and traffic lights that cause traffic to stop within full visibility of the restaurant. The facility is fully equipped and ready for immediate operation.
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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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