National Franchise sub-sandwich shop located in one-of-the-most known mall in town is available for acquisition. Established in 2011 and acquired by the current owner of the business. The sub-sandwich shop has no direct competitors within the immediate market area, but an indirect competitor sandwich shop near the business has extremely low sales which doesn't affect this operation. Customer base is consistently growing since the establishment due to the variety of mall visitors of all ages coming from many different counties and nearby communities. Current owner could grow the business, but due to time restraint the owner doesn't put any involvement towards the business. Sales from 2012 to Jan 2016 show a consistent $300,000/year and can drastically be increased through more marketing. The new owner can also proactively involve themselves to the business and marketing which will increase overall sales due to the current semi owner absentee. Catering to the local communities and businesses (schools, parties, etc.) will immensely help with revenues. Products provided in this establishment range from breakfast sandwiches, sub-sandwiches, oven baked sandwiches, salads, soups, and dessert items. Acquire this prime location sub-sandwich shop with a strong established customer base and consistent yearly sales.
Furniture, Fixtures & Equipment: $75,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash down with SBA Financing for Qualified Buyers.
Year Established: 2011
Facilities: Located in a diverse-scale shopping mall of 1,600,000 SF with over 20 anchors and 200 specialty stores. All equipment is in excellent condition and in working order.Support/Training: Corporate will provide training during a 2 week period for a smooth transition into the business.
Reason Selling: Other opportunities.
Competition: No direct sub-sandwich competitors within the vicinity of the mall.
Growth And Expansion: No marketing except corporate marketing, more proactive marketing is needed by the owner to increase the sales. Local marketing and catering will benefit the business greatly after owner involvement.
Asking Price $149,000
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