Franchise Sandwich Place

Franchise Sandwich Place

Available

$150,000.00

Listing Number :

 3501

Status :

Expired

Price :

$150000

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Area

950

Description

This is a well established Franchise Sandwich Restaurant on a 950sq.ft. This Sandwich Place is in a very busy strep Mall with lots of foot traffic, near other anchor stores, other Restaurants and  few high school and elementary school.The business started in 2005 with 2 x FT and 2 x PT employees and has $8,000/m payroll.  There is plenty of parking around the Restaurant. Hours of operation 7.00am-9.00pm 7xdays a week. Base Rent is $3,260/m including (Water, Garbage and CAM). Lease expires 2020 with 1 x 5 years option. Seller claims his gross annual Sale is $375,000.00 with 25% food cost. There are 28 seats inside. Seller will carry for qualify buyer up to $80,000. This a great opportunity for any investor who are eager to start a business, but needs help in financing.

3501

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2005
Year Purchased:
Business Type: Sandwich Franchise
License(s) Required: Business, Health
Hours of Operation: 7.00am-9.00pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3501
Date Available: 6/1/2018
Reason For Sale: Retirement
Annual Total Revenue: 375000
Annual Net Income: 8000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 3260/m
Lease Expires: 2020
Lease Option: 1x5 years option
NNN: Included water, Garbage
 
Financing Information
Down Payment: 150000
Owner Will Carry:
Other Finance Terms:

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