Well known franchised sub shop for sale. Priced appropriately for change of concept! Located near many office complexes, apartments/condos & hospital. New ownership for franchisor, with big plans. Corporate training is only 3 weeks, very positive experience. Food costs/royalty fees have been reduced and are strategizing for more growth. 2017 sales have increased. New owner could increase sales by catering/delivery. Owner looking to retire.#411009074
About the Business
Number of Employees:
Lease/Month: 4,427 Square Footage: 1,650 Building Type: Strip Mall Terms & Options: 1 five year option Expiration Date: 12/1/2019
Asking Price: $49,000 Gross Revenue: $256,083Cash Flow: $35,869 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $50,000 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.
The information on this listing has been provided by either
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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