| Asking Price |
$160,000 | Inventory |
$2,000** |
|---|---|---|---|
| Gross Income |
$265,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2001 |
| FF&E |
$80,000* | Employees | 6-8 |
* included in the asking price
** not included in the asking price
Sub Shop Franchise for sale in Worcester, MA...part of the nation's # 1 Franchise Sub Chain. Store was opened in 2001 and was upgraded & remodeled to latest Franchise decor in the Summer of 2009. Sales are increasing...12% sales increase in 2008, and an additional 16% sales increase so far in 2009. September 2009 sales averaged $5,554/wk (a 27% increase compared to September 2008 sales). Store resides in a large residential community and is located at the intersection of two major roadways, which provide for excellent visibility and access. Food Cost for this business has averaged 29% of sales over the last 10 months. Franchise royalties and advertising total 12.5% of sales. The store is absentee owned by a seller who does not work at the location whatsoever. A new Owner/Operator or stronger manager presence would be of great benefit at this business. This is an excellent opportunity to join the nation's number 1 sub and sandwich franchise and become self employed in 2009 and beyond. 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...You may also download the Confidentiality Form from our website at HTTP://WWW.ATLANTICBUSINESSBROKERAGE.COM, where you can view similar businesses for sale in your area.
Attachments: Download additional information (PDF)
Facilities: Size of the store is approx. 1,500 square feet. Also attached to premises, and included in lease, is 450 Square foot storage/office space. Monthly rent is $1,575 per month plus CAM and taxes. Location has long lease with options that currently extend through 2025 w/ typical 3% annual increases.
Competition: Very stable marketplace. Area has typical retail establishments.
Growth/Expansion: Owner operator presence could provide for increased sales and profitability over current absentee owner arrangement.
Financing: Financing available to qualified parties.
Support/Training: Franchisor provides 2 weeks of training at its company headquarters. Local representative for Franchisor also provides on-site training and assistance.
Reason Selling: Owner has developed career interests outside of the food industry that prevent t

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