Absentee Sandwich Franchise - Open 5 1/2 Days - 25158 Business Type: other eating & drinking places,other food stores,absentee business,owner financing available,fast food franchise
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $225,000 | Down Payment | $125,000 |
| Gross Revenues | $383,411 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $108,001 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and $100K over 2 yrs. @ 6%
Business Description
National Sandwich Franchise open only 5.5 days. This is an industrial park location that is open M-F 10am-9pm, Sat 11am-4pm and closed on Sunday! The current owner has been here for 16 years as an absentee operator. They see a very heavy lunch business. At this point they do no advertising other than what the franchise offers. THEY OFFER LIMITED CATERING AND NO DELIVERY. There is a huge upside right there. In 2012 Gross Sales were approx. $416,000.00 with a Net Income of approx. $108,001.00 (that is run absentee)! There are 3 yrs. left on the current lease, but the landlord will extend that for a qualified buyer. THE SELLER KEEPS ALL RECEIPTS TO VERIFY SALES. Call or email Mel Vaz today to learn more at 631-909-1095 Or melvaz@vestedbb.com!
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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