$11,000 Per Week Sales Sub Franchise in Florida, FL. No Competition.

West Palm Beach, FL (Palm Beach County)

$11,000 Per Week Sales Sub Franchise in Florida, FL. No Competition.

Asking Price:$575,000

Cash Flow:N/A

Gross Revenue:$600,000

EBITDA:N/A

FF&E:$110,000

Inventory:$4,500*

Rate/Sq. Ft.:N/A

Established:N/A

*not included in asking price.

$11,000 Per Week Sales Sub Franchise in Florida, FL. No Competition.

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Business Description

This Sub Shop Franchise is available for purchase in the very desirable West Palm Beach area of Florida, FL...it is part of the world's largest Sub and Sandwich Franchise Chain. West Palm Beach is one of the three main cities in South Florida and it is a very popular travel destination year round. The business resides in a highly trafficked big box one stop shopping super store that allows for both no direct competition from other food establishments and a wealth of customers throughout the year from which to draw business from.

The business is currently averaging over $11,000 per week in sales this year as of July 2016, and it 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. The store was recently upgraded and remodeled to the latest franchise decor and equipment standards...no further upgrades are due until 2021 at the earliest.

This is a very rare opportunity to acquire an established high volume Sub and Sandwich Franchise that is bound to be successful and profitable for years to come.

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.:
N/A
Lease Expiration:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business resides inside a very busy parent big box super store. The lease terms for these types of locations are the same for each of these franchised locations that reside in these particular big box stores. The lease includes the cost of all utilities, The rent is tier based and is dependent upon the amount of sales generated by the sub shop franchise...contact Broker listed below for details.
Competition:
No competition from other food establishments due to the enclosed nature of the business within its parent super store.
Growth & Expansion:
An owner who would devote more time to the business could likely both increase sales and profits as compared to the current absentee ownership group.
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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