Rare opportunity to acquire a five-location portfolio of a nationally franchised fast-casual sandwich brand, operating across Arizona's strongest-growth metro markets. FY2025 net revenue of $7.56M (+2.94% YoY) with weighted average normalized EBITDA of $253,888 (FY2023–FY2025 weighted 20/30/50); all five units are store-level EBITDA-positive. Normalized EBITDA peaked in FY2024 (~$386K) and normalizes to ~$234K in FY2025 (3.10% margin).
The portfolio runs catering at roughly two times the brand's system average (7.3% of sales, +21.5% YoY) under a dedicated Catering Manager, providing a defensible B2B revenue stream. A long-tenured operating team remains post-close: a 14-year District Manager and five General Managers averaging 7+ years. Franchise agreements run through 2032 (one unit through 2038) with no defaults, cure notices, or PIPs. The sale includes owned real estate at one location, a freestanding drive-thru independently appraised at $2,400,000 (April 2025), providing hard-asset collateral rarely found in QSR portfolios.
Asking $3,600,000 (negotiating anchor; independently concluded value $3,162,000, including $2.4M of appraised real estate). A buyer SBA 7(a) pre-approval is already in hand (Port 51 Lending): on a ~$3.2M financed structure the deal clears the 1.25x DSCR at ~1.43x with roughly $330K of buyer equity, delivering approximately 35.2% projected year-one cash-on-cash. Seller offers a 30–90 day transition. Brand, locations, and full financial package disclosed upon executed NDA.
