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Established for many, many years. Absentee owner has been with Subway for over 28 years. Is motivated to sell and is willing to finance the deal subject to sellers approval. May even consider interest only the first year. The process for a new franchisee will take up to 6 months to complete. Do not have to have any previous food experience. Ideal for a husband or wife or family member. Will work long hours in order to reduce existing payroll from 33 + % down to about 16%. This store has been run absentee for over 20 years. Historical sales have been much higher. More info
STYLISH quick service franchise deli with a POSITIVE CASH FLOWRRC#: 3231Asking Price: Offered At $335,000 Location: Lodi, San Joaquin CountyAnnual Revenue: $581,316.70Annual Cash Flow: $105,283Monthly Rent: $4329.90Listing Description:This 2017 built deli is a stylish quick-service restaurant that serve sandwiches, salads, soups, and french fries among other items. The focus of this popular franchise is on preparing fresh, hearty, and wholesome food, that’s made-to-order for each customer. This deli franchise prides themselves on their friendly service, their freshest produce, premium quality deli meats, and their special breads. This amazing deli won People’s Choice Award for Best Sandwich More info
Established Subway Franchise with long term lease at 8% of annual sales.Subway has a sister franchise next door. Combined they did $556,916 in net sales in 2018. However, absentee ownership led to manager & hourly labor exceeding 45% of annual sales. THIS IS CRAZY ! Just lowering payroll to 23% (normal for Owner Operator) would add 22% to the bottom line plus the existing profit. THIS IS A GREAT DEAL FOR AN OWNER OPERATOR WHO DESIRES TO PURCHASE THEMSELVES A JOB THAT CAN BE TURNED INTO AN INVESTMENT IN LESS THAN TWO YEARS. Don't miss out on this one with $50,000 down !! More info
• The owner is a CPA• This practice was established in 1994• Software in use includes Lacerte11/19/2017 YTD Gross Revenue:• Bookkeeping/Write-Up: $50,235• Approximately 520 individual tax returns with an average fee of $432 per return• Approximately 150 business tax returns with an average fee of $790 per return• Lease expires in N/A. Month-to-month. Owner owns 50% of building. More info