This is a great opportunity to own a beautiful, high-volume Franchise Sub subshop in Oakland County. Located on a highly traveled road with major tenants, this sub-shop has plenty of residential and commercial properties in the surrounding areas. This restaurant specializes in handmade, toasted subs while also selling soups, salads, and more. Catering is available for events and occasions. All equipment is in excellent condition and maintained regularly! current owner does no outside advertising. As a new owner/operator with some creative advertising and marketing, along with adding corporate catering, customer appreciation cards, sampling, networking with the surrounding businesses and community involvement, you have HUGE potential. Great cashflow! This business has so much more growth potential based on location alone! Great business for a family or perfect for a husband/wife team. A must-see/must-have business that will not disappoint! seller will entertain all reasonable offers!! Call Armen Nazarian Business Brokers
Transfer Fee: $7,500
Royalty & Advertising Fee: 5% of Net Sales
Training Period: 2 Weeks (1 week local, 1 week in Denver)
- Asking Price:
- $425,000
- Sales Revenue:
- $584,000
- Cash Flow:
- $167,124
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This restaurant specializes in handmade, toasted subs while also selling soups, salads, and more. Catering is available for events/occasions. All equipment is in excellent condition and maintained regularly!
- Size in square feet:
- 1,700
Business Operation
- Expansion Potential:
-
Current owner does no outside advertising…a new owner/operator with some creative advertising/marketing along with adding corporate catering, customer appreciation cards, adding sampling, network with the surrounding businesses and community involvement, you have HUGE potential.
- Reasons for selling:
-
Expanding Portfolio
- Employees:
- 4
- Years established:
- 20
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
seller will train
- Financing available:
-
$425,000 with $100,000 down. 8% int., amortized over 360 months
- Inventory / Stock value:
- $12,000
