Great opportunity to buy an absentee-run franchise deli in a prime downtown location with major oil/gas tenants! Located on street level, this profitable and easy to manage sandwich shop is also selling Starbucks coffee at this location. Before pandemic, gross sales were approximately $440k annually. Last year after falling as low as $10k-15k monthly, sales have jumped to $20k as of April 2022. Steady and local customers have been increasing with workers returning back to the office. Sale includes POS and a fully equipped kitchen is in great condition. Potential to grow sales as owner has not done advertising or catering. Franchisor royalty is 6%. Huge 2,500 sf space has two stories. Low rent of $2000 per month includes water, trash. Staff consist of three FT employees (includes manager), which allows owner to run absentee. Short operating hours are Mon-Fri 7am-3pm. Some seller financing available to qualified buyer.
- Asking Price:
- $167,500 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $240,000
- Cash Flow:
- $95,040
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
4/30/2029
- Leasehold Rent:
-
$2,000 per annum
- Location:
-
Street level entrance
- Size in square feet:
- 2,500
Business Operation
- Reasons for selling:
-
Pursue other business interest
- Trading hours:
-
Operating hours are Mon-Fri 7am-3pm
- Employees:
- 3
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
6% royalty
Other Information
- Support & training:
-
Training provided by franchise and seller
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner can finance up to $27,500
- Furniture / Fixtures value:
- $125,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
