Sub Sandwich Franchise For Sale
Location:
United States
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Illinois
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Lake County
Industry: Food and Beverage > Other Food and Beverage
Business Summary
This business is currently being run by an Absentee Owner. This is a clean and up-to-date popular sub franchise for sale with a proven method for success. The business seats 36 patrons and is located on the main intersection in town in one of the fastest growing areas of Illinois. New residential communities are being built in the area positioning the business for phenomenal growth. A new owner willing to put more time and effort into additional marketing and advertising and running the business can increase revenue and profits while reducing cost. An expanded advertising and marketing plan will also add to the growth of this business. Rather than incurring the potentially large start up and build out costs associated with a new franchise with no customers, purchasing this turn-key operation with existing revenue and customers is a perfect opportunity to get into a business and hit the ground running. The real estate is also available for sale as a separate transaction. The asking price for this business is $159,000. Please email or call Chuck Lutzow at 815-459-8631
Financials
Asking Price Range: < $250K
Gross Revenues:
$330,000
Cash Flow:
$80,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $70,000
Seller Financing: Yes
About The Business
Year Established: 1900
Number of Employees: 1 - 3
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Owner will provide training and support for a reasonable amount of time.
Reason For Selling: Pursuing other business interests.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 700114516
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