Franchise Sandwich Place

Franchise Sandwich Place

Available

$180,000.00

Listing Number :

 3593

Status :

Expired

Price :

$180000

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Area

1250

Description

This is a 1,250 sq.ft. well established Franchise Sandwich Restaurant located in a well kept Shopping Strip in busy part of town. The present owner has been doing business in the pass 20 years in the same location. seller claims his Gross Annual Sale is about $330,000. He also claims his net is about $75,000 a year. His current inventory is about $1,400 to $1,500 which is not included in asking price.

3593

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 1998
Year Purchased: 1998
Business Type: Franchise Restaurant
License(s) Required: Business, Health
Hours of Operation: 7am-9pm /7xdays a week
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3593
Date Available: 12/4/2018
Reason For Sale: Retirment
Annual Total Revenue: 330000
Annual Net Income: 75000
Inventory: 1400 to 1500 currently
Monthly Payroll: 4790/m
Lease Information
Base Rent: 2300/m
Lease Expires: 2021
Lease Option: 5
NNN:
 
Financing Information
Down Payment: 180000
Owner Will Carry:
Other Finance Terms:

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