| Asking Price |
$725,000 | Inventory |
$7,500** |
|---|---|---|---|
| Gross Income |
$1,000,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1999 |
| FF&E |
N/A | Employees | 20-30 |
* included in the asking price
** not included in the asking price
Three Sub and Sandwich Franchised businesses for sale on the Outer Banks of North Carolina, NC. Here's you chance to own one (or more) of the most Recession Proof businesses you'll ever find. The businesses are located within minutes of each other allowing for easy control, management, and operation of all 3 locations. Each business can be purchased separately, all together, or in any combination. All locations are well established and were outfitted, or have been completely upgraded and remodeled with the latest Franchise decor and equipment. Gross Sales equaled approx $1,000,000 combined in 2008 which represents significant growth compared to 2007 figures...Store # 1 Weekly Net Sales = $9,475 in 2008 (a 21% increase compared to 2007 Weekly Net Sales), Store # 2 Weekly Net Sales = $4,586 in 2008 (a 2% increase over 2007 Weekly Net Sales), Store # 3 Weekly Net Sales = $4,311 in 2008 (a 13% increase above 2007 Weekly Net Sales). Franchise Royalties and Advertising fees total 12.5% of Net Sales. Food Cost typically averages 28% at each of these franchise locations (the optimal norm for this franchise). This is an excellent chance to be your own boss and virtually control a specific territory within the Franchise Chain...Don't let this opportunity pass you by!!...Interested in additional information?...1) Download the Additional Information File Attached Below that contains the Confidentiality Form. 2) Complete the Confidentiality Form and return it to us via fax or email. 3) Upon our receipt of the Form, you will be provided specific data for this opportunity.
Attachments: Download additional information (PDF)
Facilities: Store # 1 - 1,600 sq. ft. location in Retail Shopping Plaza...Monthly rent is approximately $3,690 plus CAM and typical Landlord charges / Store # 2 - 1,150 sq. ft. location in Retail Shopping Outlet...Monthly rent is $1,869 plus CAM & typical Landlord charges / Store # 3 - 800 sq. ft. Convenience store location...Monthly rent is 8% of Net Sales ($1,500 minimum) and includes CAM, ans ALL Gas and Electric charges. Each location has current Franchise equip/decor, and are some of the most beautiful stores from this Franchise you will ever find.
Competition: The stores are nearby each other, which allows for control of the local Franchise market area for the franchisee/owner...Typical retail competition otherwise.
Growth/Expansion: These businesses would greatly benefit from new "hands-on", or more involved ownership. Current owner is completely absent from all the locations. The locations are centralized in highly desirable area that continues to see growth and improvements.
Financing: Available for qualified parties.
Support/Training: Franchisor provides 2 weeks of training at the Franchise headquarters. Local Franchise representative also provides on-site training/direction following the purchase. Owner/Managers will also provide sufficient in-store training as needed.
Reason Selling: Owner relocating.

Lane Cremeans
443-799-4835
Atlantic Business Brokerage, Inc.
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