Two Sandwich Franchises for Sale in Louisiana - Sales of over 800,000!

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Turnaround situation with great locations, leases and sales.
Asking Price:
$309,000

Gross Revenue:
$804,880
Cash Flow:
$69,156
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Jump on these franchises for sale in Louisiana with sales of three quarters of a million dollars combined!. Turnaround situation with great locations, leases and sales. Needs a hands-on owner to get to the next level.
Buy these sandwich franchises for sale and instantly become a multi-unit owner. These stores are in prime locations in Louisiana, all in busy shopping centers! Surrounded by dense foot traffic and other major brands and A++ retail centers and strong markets. Why spend the money to build out new stores when you can buy these two franchises for sale for a fraction of the cost! No worrying about permits or inspections.
We Sell Restaurants is accepting offers on this asset sale opportunity. The cost to build a single store is more than $375,000 according to the Franchise Disclosure document. You get two, open and operating locations for barely more than that! Bring all offers. Seller is ready to move on these stores. Full training by the brand includes three weeks in their top flight university and a week in the store to help you launch.
Don't look at these as money makers but instead, prime opportunities to take them over and increase sales and earnings. The current owners are a partnership group and no one is working the store today. Great markets are tightly clustered and easy to run with one in Covington, one in Baton Rouge.
The breakdown of rent and square footage of these sandwich franchises for sale are as follows:
* Store 1: 1,750 square feet for $4,525/month
* Store 2: 1,600 square feet for $3,713/month
No late nights, no alcohol, no frying. These sandwich franchises for sale are simple to operate. Easy execute menu lowers costs and drives sales for those customers looking for something quick to eat. The new owner will receive three weeks of corporate training from the brand to ensure complete confidence after the transition. Royalties are 6% of sales and the marketing fees are only 2% of the sales.
These two sandwich franchises for sale are part of an award winning, top ranked brand that is showing consistent growth and exponential expansion. On top of that, they have a superior support system that will be there for training and beyond. Don't miss out on this opportunity to become an instant multi-unit owner of this nationwide brand.

About the Business

Year Established:
2011
Number of Employees:
24
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
4,930
Lease Rate/Sq. Ft./Mo.:
$11,738.00
Lease Expiration:
1/1/2022
Facilities:
Varies per location but includes Walk in cooler Walk in freezer Two 6 Refrigerated make lines Undercounter refrigerator Two Lincoln ovens Automatic Slicer Microwave Oven table POS System Register terminal printer office PC coin changer printer Menu board hardware Ice cream dipping cabinet Kids order counter menu board Tables table bases Chairs barstools Ice machine bin Shake blenders Shake topping holders Paper towel holders Trash cans trash can holders Interior signage Chip rack Marketing board hardware graphics Birch millwork panels Newspaper holder Storage racks in walk-in cooler freezer and dry storage Wall shelving Restaurant smallwares and kitchen utensils 3 compartment sink Prep tables Hand sinks Safe Existing Franchise Term and Any Renewal Options
Website:
https://www.wesellrestaurants.com
Market Outlook/
Competition:
Louisiana is ranked 4 for most economic development projects per capita as well as 4 for the cost of doing business
Growth & Expansion:
Louisiana welcomed 47 1 million visitors in 2017 representing an increase of nearly 500 000 over the 46 7 million visitors in 2016 This trend is expected to continue in 2018
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About the Sale

Reason For Selling:
New Career
Training/Support:
3 weeks

Listing Info

ID:
1584948
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 Tangipahoa Parish, LA
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Tangipahoa Parish, LA
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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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