Franchise for Sale - Gross Sales of over $500K

Friendswood, TX (Galveston County)

Franchise for Sale - Gross Sales of over $500K

Asking Price:$275,000

Cash Flow:$86,023

Gross Revenue:$502,252

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:$2.46

Established:2012

Franchise for Sale - Gross Sales of over $500K

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Business Description

Buy this National Franchise for Sale grossing over half a million dollars and earning over $85,000 for an owner/operator. This store is open for business and has a loyal clientele. Preapproved for SBA lending with 20% down!

Highly profitable location in business friendly Texas with a welcoming business climate and no personal income tax.

This Franchise for Sale is a highly profitable location in business friendly Texas. Take advantage of great tax rates, a favorable business climate and no personal income tax! Sales topped the half million mark in 2015 by grossing $502,252.

Great rental structure for this 1390 square foot location is just $3421 a month, a good rental rate for this market. Current lease has two 5-year options making it valid through 2027. Current food costs run 35.6% of sales which is too high for a sandwich business but the owner is absentee. Full time and local management will change that adding many thousands of dollars to your bottom line.

Since this is a franchise for sale in the quick casual sandwich shop market, there is no alcohol, no frying, and no late nights. Most of the business is done between 11am and 2pm daily. This quick casual sandwich franchise for sale is yours for the purchase price plus a training and transfer fee of $5000. The brand will train you at their exclusive school for four weeks to be sure you’re ready to operate.

Current owner is a multi-unit operator looking to sell this unit to simplify their life and that creates a huge opportunity for you when you buy this National Franchise for Sale. Why put a new store up when you can buy an open location generating strong cash flow. Get into the concept named fastest growing restaurant chain in the United States and Canada by Chain Restaurant Guide in 2010 with the purchase of this single unit.

Sign our online confidentiality agreement and contact the restaurant brokers to talk about this profitable listing today! Contact your Certified Restaurant Broker to get additional information or make an offer on this Franchise for Sale.

Detailed Information

Real Estate:
Leased
Building SF:
1,390
Lease Expiration:
7/2/2017
Employees:
9
Facilities:
Walk in cooler Walk in freezer Two Refrigerated make lines Undercounter refrigerator Two Lincoln ovens Automatic Slicer Microwave Oven table POS System (Register terminal, printer, office PC, coin changer, printer) Menu board hardware Order counter, bag holders and counter top graphics hardware Ice cream dipping cabinet Kids order counter & menu board Tables, table bases Chairs & barstools Ice machine & bin Shake blenders Shake topping holders Paper towel holders Trash cans/trash can holders Interior signage Chip rack Vibe circles & marketing board hardware & graphics Birch millwork panels Newspaper holder Hand dryers in RR Storage racks in walk-in cooler, freezer and dry storage Wall shelving Restaurant smallwares and kitchen utensils 3 compartment sink Prep tables Hand sinks Safe Existing Franchise Term and Any Renewal Options
Financing:
no
Support & Training:
yes
Reason for Selling:
Relocation
Franchise:
This business is an established franchise

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Robin Gagnon

Business Listed By:
Robin Gagnon

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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