Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$90,000	Inventory	$2,000*
Gross Income	$173,000	Real Estate
Cash Flow	$55,000	Year Established	1996
FF&E	$120,000*	Employees	1 Full/2 Part

* included in the asking price

** not included in the asking price

Established fast food franchise, it is an aggressive and well conceived franchise. The business is located at an extremely busy and successful Big Box store in the heavily developed retail corridor of Midlothian Turnpike and Huguenot Road. Operates in a fully equipped kiosk immediately in front of the entrance. Menu focused on Philly steak subs, chicken cordon bleu and other sandwiches prepared on site, cooked to order. A simple business, easy to manage, unusually profitable related to bottom line vs. sales and investment. All to go , no seating, one person can operate the shop most of the time. Motivated seller. Sale includes all equipment and fixtures having a fair market value of $120,000+/-. Buyer responsible for required $5,000 franchise transfer and training fee. The business has operated continually at this location for twelve years. The principal is an absentee owner, has owned this business since 2005 and operates the kiosk with one full time and two part time employees. Monthly payroll is currently $3,300 however an owner/operator would reduce this expense by $2,800+ by working the kiosk as other franchisees do. The success of this business is largely a result of its location and the quality service and products served. The customers literally have to walk past the shop entering and leaving the store. The smell of cooked to order sandwiches draws them to the shop like flies! Marketing efforts include passing out flyers, coupons and some sales calls on local businesses to promote to go orders. Free samples are often given to contractors. An owner/operator could substantially increase sales by taking an active, hands on role with advertising and business promotion. The current owner is paying $9,400 annually for advertising, a large part of which could be eliminated by an owner/operator. The business operates in a self-contained kiosk, 11 ft. by 7 ft. (77 sq. ft.). Separate shed for two freezer chests, storage, etc. Rent is only $627.

Facilities: Self Contained Kiosk

Financing: Seller will not provide financing

Support/Training: Seller will provide training

Reason Selling: Other Business Demands