current corporate-owned Famous Hoagie location being transitioned to a Franchise opportunity. Great location in Old City, Philadelphia, averaging over $800,000 per year in gross sales and $93,000 of SDE for the past three years. franchisor requires three weeks of pre-ownership training for this owner-operated location. prime tourist area of Philadelphia and the full-time return of City employees will assist in elevating profitability potential. In addition to a famous hoagie, customers will have the opportunity to utilize your catering services with no party too large. A well-staffed location, updated equipment, and multiple food app ordering sites all allow for a truly turn-key opportunity. You will have the support of multiple levels of management from within the Franchisor. A South Philly tradition with top-quality food, bread, and service awaits. Contact Doug or Gina today
- Asking Price:
- $199,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $819,654
- Cash Flow:
- $82,067
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $3,775.00
Square Units (Foot, Meter): 1,460
Lease Expiration Date: December 11, 2025, 9:00:00 PM
Business Operation
- Reasons for selling:
-
Other interest
- Trading hours:
-
10 - 8P Daily
- Employees:
- 6
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Furniture / Fixtures value:
- $47,775 - included in the asking price
- Inventory / Stock value:
- $3,000 - included in the asking price
