Franchise sub-sandwich shop located in a busy intersection with delivery service is available for acquisition. Established in the area for the last 2 decades and was acquired by the current owner in late 2014. While competition is expected for any sub-shop, this business has been established in the area without any drop in sales although competition appeared nearby and it's the most recognized sub-sandwich store in all of US. Majority of the customers are middle-class individuals from the nearby residential complexes and nearby businesses from the retail strip center. Sales in 2015 were $225,000 - $230,000/year with a sales trend that should stay consistent in 2016 with a slight increase of $235,000/year. No marketing has been done in the local area except providing delivery service to nearby communities. Although corporate provides marketing, proactive methods of local marketing is crucial to the growth of this business since corporate marketing can only provide minimal new customer acquisition. Many options are available of local marketing to optimize this business such as Valpak, local ads, catering services, and re-doing the signage for more visibility. This franchise maintains a wide range of customization for each sandwich customers request such as options of different breads, various cuts of meat, fresh vegetables, soups, and sauces to combine each custom made sandwich. Acquisition of this franchise can create many opportunities of growth for this location and generate revenue at increasing rates after owner involvement.
Furniture, Fixtures & Equipment: $70,000 (Included in listed price)
Inventory: $4,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 1992
Facilities: Located in a prime retail strip center by a busy intersection and by interstate highway. All equipment is in optimal condition and in working order.Support/Training: Corporate will train during a 2 week period with owner training for another 2 weeks for smooth transition into the operation.
Reason Selling: Other Opportunities.
Competition: Only competition is across the street, but this nationwide franchise has a different target audience from its competitor.
Growth And Expansion: Proactive marketing is needed to reach full potential of this business. No marketing is done in present time. Delivery service is available for this franchise.
Asking Price $95,000
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