$10,000/Week Sub Franchise in North Carolina, NC. Favorable Lease.

Charlotte, NC (Mecklenburg County)

$10,000/Week Sub Franchise in North Carolina, NC. Favorable Lease.

Asking Price:$500,000

Cash Flow:N/A

Gross Revenue:$525,000

EBITDA:N/A

FF&E:$120,000

Inventory:$4,250*

Rate/Sq. Ft.:N/A

Established:N/A

*not included in asking price.

$10,000/Week Sub Franchise in North Carolina, NC. Favorable Lease.

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Business Description

Very Long Established and Very Profitable Sub and Sandwich Shop Franchise for sale in Charlotte, North Carolina, NC. This business is part of the world's largest Sub and Sandwich Franchise Chain. Charlotte is the county seat and primary city of the county in which it resides, and this particular business has been a staple in the community and surrounding area for decades. The business also features excellent lease terms and rental costs, and is one of the longest standing restaurant locations for this Franchise in the nation.

This business is currently averaging approximately $10,000/wk in sales for the year, and has averaged $10,000/wk in sales, or higher, in each of the last four years. The business is owned by a multi-unit franchise ownership group who are "hands-off" operators. The ownership group spends little to no time at the business and all sales and profits are generated solely by the current manager & staff of employees.

Here's your chance to acquire a successful and proven business that provides strong sales and steady profits year, after year, after year.

Interested in additional Information?
1) Download or save the Confidentiality Form located in the Attached Documents/Files Section below to your computer or device.
2) Complete the Confidentiality Form and return it to us via the fax number or email address listed on the bottom of the Confidentiality Form.
3) Upon our receipt of your completed Confidentiality Form, we will contact you and provide you specific data for this business opportunity.

You may also download the Confidentiality Form from our website at www.AtlanticBusinessBrokerage.com, where you can also view similar businesses for sale in your area.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,200
Lease Expiration:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business consists of approximately 1,200 square feet and resides in a small retail strip center located among many homes and businesses. Rent is currently fixed at $2,661.10 though September, 2020 (with no additional fees).
Competition:
Typical competition in the area
Growth & Expansion:
The business would likely benefit greatly from a hands-on owner operator as opposed to the current absentee owner arrangement, or simply an owner who would spend more time on site than at present.
Support & Training:
Franchisor provides 2 weeks of training @ its company headquarters. Local development agent for Franchisor also provides on-site support. Manager will also provide assistance as needed.
Reason for Selling:
Multi-unit ownership group is downsizing after many years of successful business
Franchise:
This business is an established franchise

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Lane Cremeans

Business Listed By:
Lane Cremeans

Atlantic Business Brokerage, Inc.

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Sponsoring Broker:
Daniel Puciato

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