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Listed by:

Transworld Business Advisors Greenville East

Growing Sandwich Restaurant In Excellent Location For Sale

Spartanburg County, South Carolina, US
Asking Price:
$400,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$397,546
Cash Flow:
$98,196

Own this Profitable Franchise Sandwich Business on Main Street in Spartanburg County, where the current owners easily earn over $98,000 in Net Earnings. The industry is very strong, and the brand is a household name, making this an excellent opportunity.

Regular loyal customers make up a great percentage of the daily clientele. The store has been around for 22 years and been updated recently to brand specifications with new equipment and remodeling.

This store is perfect for an owner operator looking to run a profitable business with a very strong track record of success. A great owner will likely be very comfortable with customer service and have a strong understanding of managing expenses. Counter Sales, Take-Out and Delivery are all featured in the business, though there is room for growth, especially in Catering, for both one-time and long-term catering agreements. The Equipment is quite new and is in excellent shape.

The seller is looking to pursue other business interests.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $4,000.00

Square Units (Foot, Meter): 2,500

Terms Options: Month to Month Currently, as Seller owns building

Location:

Facilities: Free- Standing Building with drive-thru window on main road in excellent condition with great exposure and full parking lot.

Premises Details:

FF&E Overview: Coolers, Fridges, Freezer, Cookware, Microwaves, Utensils, Signage, POS, etc.

FF&E General Condition: Much of the equipment is brand new, well maintained, clean, working properly. Matching equipment.

Business Operation

Expansion Potential:

The biggest growth opportunities include local marketing to reach out to lots of new customers and businesses that have moved into the area, as well as long-term catering deals with those large companies which will employ thousands of people.

Competition / Market:

There is an other restaurant in the area of a similar nature, but people typically don't go there for lunch or dinner as much as breakfast.

Reasons for selling:

Other Business Opportunity

Trading hours:

9 AM to 9 PM

Employees:
10
Years established:
22

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Terms:$25,000.00 Interest:10% Term Months:24 Monthly Payment:$1,153.62

Furniture / Fixtures value:
$97,150 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price