Asking Price: $280,000 Gross Revenue: $407,017Cash Flow: $96,753 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 included in asking priceFF&E: $60,000 included in asking priceShare 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.
This Fredericksburg national brand franchised Sub restaurant has been at the same location since 2007. Current owner has been running this business since its grand opening. It is a very profitable operation and is truly a semi-owner absentee business model. It is a full- service Sub restaurant and it’s best known for its food quality and its insistence on only using high quality fresh ingredients. It offers exceptional quality and tasty subs and sandwiches in which drives business evenly through dine-in, pick-up and delivery. It becomes an iconic restaurant in the area with even very little marketing and advertising. It is a fantastic acquisition opportunity for first time business entrepreneur with already proven and successful operating system along with national advertising and corporate support.
• 1,500 sf overall facility
• Rent is $3,125/month
• 8 years left on current lease with only 2% annual increase
• Franchisor is the lease holder and sub-lease to franchisee to make sure rent factor is reasonable
• Dining area is designed for maximum occupancy with proper amount of space in between table sets
• Kitchen and all other equipment are in great shape
• Beautiful location in the heart of Fredericksburg and Stafford county
• Extremely high traffic road
• Parking space is very adequate
• Current signage can be reused
Semi-Absentee Profitable & Established Sub & Sandwich Franchised Resta
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