Type: Active Restaurant
Selling Price: $ 40,000
Featured: No

Gross Revenue: 250000
Gross Revenue Comments: Be part of a local hoagie franchise. The hoagie and steak franchise has been in this location for over 17 years. There have only been two owner and it is now owned by the franchisor. YES the price is correct. The franchisor is seeking to find a good franchise to grow the sales and grow the location. To build this store new would cost you over 300k. The price even includes the franchise fee. The franchisor will provide full training and support for the buyer with a reduced franchise royalty the first year. Over the past few years the location has done primarily lunch with a good delivery business. The specialize in over stuff hoagies and steaks. They also sell wraps, wings and salads. If you are looking for a great opportunity and a crazy low price this is it.
Inventory: 2000 but not included
Cash Flow Comments: Competition: Location is in a very populated area. There are a few other sub shops in the area. Shopping center is very busy. Prior owner and Franchisor have done NO advertising or marketing. There is plenty of upside for growth. Support/Training: Franchisor will provide full training and support
FF&E: 50000
Seller Financing: none
Year Established: 1995
Employees: 6
Franchise: YES
Facilities: 2000 sq. ft in busy shopping center with plenty of parking. Location has a good mix of equipment in working condition. Location surrounded by offices and houses
Reason for Selling: Owned by Franchisor