Asking Price: $315,000 Gross Revenue: $814,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $4,000 not included in asking priceFF&E: Not Disclosed 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 is the best time to invest in this fast growing and unique HIGH-VOLUME Franchise like SUB SHOP! There are currently six locations, and this is the newest location in a well-known busy high traffic rd. in Oakland County. This money maker establishment does so well with just their website alone as advertising. The website says it all and draws in crowds with their 5-Star Ratings on Yelp and other sites! Their menu is simple and profitable. Food costs are low and profit margins are high. Current Gross Sales are $407,000.00 a month in just six months and projected annual gross sales for this location to exceed $1.2 million in annual sales!!
Owners are doing so well because of their famous family secret recipes from their special sauces to marinades for their meats that are cooked fresh every morning! The dining area and equipment are brand new! Full training will be provided as well as in store training and verification of Gross Sales! There are no transfer fees or royalties involved. Just a simple $2,000 licensing fee per month.
This is a turn-key unique and highly profitable business with a winning formula and unique menu and concept that is easy to follow!
THIS IS A MUST SEE!!
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