Franchise Sandwich Restaurant

Franchise Sandwich Restaurant

Available

$280,000.00

Listing Number :

 3748

Status :

Available

Price :

$280000

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Area

2200

Description

This is another Franchise Restaurant that is located in a Strip Mall, close to many popular anchor Businesses. The owner has several Businesses that has been run successfully for the past 10 or 15 years.  It is time for him to be retired. Seller claims his Annual Gross Sale for this location is about $730,000 with 31% margin. The seller claims with absentee run business his Net is $98,000 a year.

3748

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased:
Business Type: Franchise Restaurant
License(s) Required: Business, Heath
Hours of Operation: 10am-9pm /7days a week
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3748
Date Available: 7/20/2019
Reason For Sale: Retiring.
Annual Total Revenue: 730000
Annual Net Income: 93000
Inventory:
Monthly Payroll: 14000/m
Lease Information
Base Rent: 6600/m
Lease Expires: 2023
Lease Option: willing to give long lease.
NNN: 2500/m
 
Financing Information
Down Payment: 280000
Owner Will Carry:
Other Finance Terms:

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