Which Wich Sandwich Franchise - Amazing Opportunity in Growing Market

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Huge upside! Motivated Seller - Voted the area's favorite sub shop
Asking Price:
$110,000

Gross Revenue:
$389,000
Cash Flow:
$45,857
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$7,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This established location is in one of the fastest growing cities in South Carolina. Don't miss out on this opportunity to join the Which Wich franchise system. Which Wich is annually ranked one of the best restaurant franchise opportunity. Local magazine, Hilton Head Monthly awarded this location the Favorite Sub shop in the area. This location has been operating for 3 years, and it has an established crew and customer base. The location is 1,500 square feet with a large outdoor seating area that is in use year round. The initial lease term is 5 years with about 2 years remaining. There are 2 additional 5 year options included in the lease. The monthly rent is a low $3750 a month through the end of the first term. The franchisor charges a 6% royalty of sales and manages the nationally marketing brand for 3% of sales. The royalty and marketing funds together are less than many other national sandwich brands. This opportunity will not last long. Contact us for additional details on this AMAZING OPPORTUNITY to own your own business.

About the Business

Location:
Bluffton, South Carolina
Year Established:
2016
Number of Employees:
9
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$3,750.00 Per Month
Lease Expiration:
9/1/2020
Facilities:
The is a turn-key restaurant. Equipment is well-maintained and in excellent condition. The equipment includes the standard Which Wich equipment package including: walkin cooler and freezer, signage, POS systems, 2 lincoln ovens, all back of house (sinks, shelving, and smallwares), hobart meat slicer, blenders, ice cream freezer, and much more.
Website:
www.whichwich.com
Market Outlook/
Competition:
Located on the main thoroughfare in the Bluffton area and surrounded by income housing. The area is a year end tourist destination that attracts customers with disposable income that needs to dine out for most meals.
Growth & Expansion:
The Bluffton area and surrounding county is one of the fastest growing cities in the state. The catering sales revenue is low, and there is a huge opportunity to significantly increase catering revenue with schools and local businesses.
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About the Sale

Reason For Selling:
Moving out of state
Training/Support:
1-3 weeks training with at the franchisor headquarters. The length of training is dependent on the buyer's experience

Listing Info

ID:
1450964
Ad Detail Views:
0

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Business Listed by
Grant Alexander

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U.S. Census Data for Beaufort County, SC
Age

Gender

Ethnicity

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Beaufort County, SC
Income

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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