Prime location franchise sandwich shop well-known nationwide that is open 7 days a week is available for acquisition. This business was originally established over a decade ago in 2003 and was later acquired by the current owner several years later in 2008. Competition is expected for this type of business, but this franchise business has built their loyal customer base for the last decade and provides superior services compared to the competition in the area. Most of the customers are middle-class employees during lunch time from the nearby offices buildings and upper-class families during dinner hours from the densely populated residential neighborhoods. Net sales average was $280,000/month steadily increasing without any proactive marketing except through word of mouth and some corporate marketing. Although corporate marketing and word of mouth brings consistent amount of customers, other proactive marketing methods are needed to generate more cash flow and acquire new untapped customers in the area. There are many ways to proactively market this business such as direct mailing, social media outlets, 3rd party delivery service, catering service, online ordering, hire additional staff, new management in place and community events. Hiring more staff and management will help quality control as well as allow the owner more time to allocate to marketing to increase sales. The various products this business provides ranges from popular sub-sandwiches, breakfast sandwiches, customized sandwiches, kids menu, soups, salads, and dessert snacks. 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: $80,000 (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 with Industry Experience.
Year Established: 2003
Facilities: This business is located in a 1,400 SF retail strip center surrounded by many retail businesses that bring immense traffic to the area and is nearby densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.Support/Training: Corporate will provide training for a period of time and the owner will also help as needed for general operation.
Reason Selling: Burnt Out
Competition: Few competitors are within the immediate market area, but this franchise business has superior service compared to the competitors as well as this location being known by all the locals in the area.
Growth And Expansion: There's currently no marketing done at this business, but other proactive marketing tactics needs to be utilized to generate more cash flow and acquire more customers.
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