Franchise Sub Shop
Location:
United States
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Georgia
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Coweta
Industry: Food and Beverage > Other Food and Beverage
Business Summary
Complete Seller Financing Available. Minimal out of pocket cash investment for this great business!
Assumable SBA Loan with only $10,300 down (excludes franchise transfer fee). Seller will also take back a note up to $40K!
Better than Quiznos Sub Shop! Located south of Atlanta. This regionally known upscale New York Style Sub and Deli franchise business for sale is 4 years old, has well established customer base, catering contracts, and community sponsorships. We have a wide product offering that features 50 varieties of New York style submarine sandwiches, deli sandwiches and salads. We also specialize in hearty soups, kosher hot dogs, mouth-watering desserts and a wide variety of cold and hot beverages. Premises have Upscale Decor and extremely efficient operations; increasing revenue trends year over year with tremendous growth opportunity through catering, delivery service, additional marketing and advertising.
Reason Selling: Family Matters.
Lease Information:
1,450 SF at $18.50 per sq ft. Seats 35 patrons. Has 10 year operating lease (5 year lease w/5 year renewal option); 1 year remaining on first 5 year lease. Located in a strip center at a major intersection with major retail anchors and heavy traffic. Great visibility!
Support/Training: The owner is willing to assist the new buyer during a reasonable transition period.
Seller holds a GA Real Estate License
Email or call Joseph Harland, Jr. - Associate Broker. Metro Brokers/GMAC Real Estate. Phone: 678-320-4919.
Financials
Asking Price Range: < $250K
Gross Revenues:
$193,000
Cash Flow:
$7,538
Cash Flow Type: Sellers Discretionary Cash
Inventory: $109,318
Seller Financing: Yes
About The Business
Year Established: 2004
Number of Employees: 4 - 5
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Seller will train for one week at no charge!
Reason For Selling: Owner is pursuing other commercial 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: 70094909
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