Franchise Fast Food

Franchise Fast Food

 

$149,000.00

Listing Number :

 3739

Status :

Expired

Price :

$149000

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Area

1,400

Description

Franchised Sub Shop, established 26 years ago with current owner and now he is retiring, Located in a nice Busy Strip Mall anchored by Nob hill. Seller Claims:  Gross Annual Sales at $297,000  reported by Franchise. Owner Operator makes $9,000- $10,000 a month. Improving Customer Service can lead to good online reviews and thus increase in Sales.  Current owner not motivated. Great Opportunity to jump in and take advantage.

3739

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 1993
Year Purchased: 1993
Business Type: Franchise Fast Food
License(s) Required: Business, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3739
Date Available: 7/9/2019
Reason For Sale:
Annual Total Revenue: $297,000
Annual Net Income: $60,000
Inventory: $5,000 currently
Monthly Payroll:
Lease Information
Base Rent: $7,800/m
Lease Expires: 2022
Lease Option: Lease can be given to the new buyer.
NNN:
 
Financing Information
Down Payment: $149,000
Owner Will Carry:
Other Finance Terms:

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