Philly's Best Franchise Employee Run

Los Angeles County, CA

Philly's Best Franchise Employee Run

Asking Price:$250,000

Cash Flow:$120,000

Gross Revenue:$720,000

EBITDA:N/A

FF&E:N/A

Inventory:$5,000*

Established:2006

*not included in asking price.

Philly's Best Franchise Employee Run

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Business Description

This Philly's Best is the #1 in company franchise sales. Shows pride of ownership, established for over 10 years

•Located in a huge shopping center with many national brands

•All equipment is in good working order. Cost of build out was over $300k

•Royalties & Ad-Fund 8%, Food Cost 34%

•Franchise training and transfer fee is $10,000. Training is 3 weeks, in Local Corporate stores

•Remodel required, exact cost not yet determined

Detailed Information

Inventory:
Not included in asking price
Employees:
6
Facilities:
All the equipment have been very well maintained. New Hobart slicer, new reach-in refrigerator, new compressor for freezer walk-in, well maintained ice machine and much more. Philly's Best does require a remodel for this store. Details to be communicated.
Competition:
This location is the pride of Philly's Best franchise, with sales being the highest in the company. The shopping center is huge with many national brands such as: 24 hour Fitness, Cine Mark movie theatres, Walmart,HomeGood and much more. This center is also in the process of adding even more name brand stores. Next to Kaiser and Los Angeles Regional Offices. For over 20 years, Philly's Best Cheesesteaks has remained committed to the tradition of delivering the authentic Philadelphia cheesesteak experience to loyal customers. From the award-winning cheesesteaks to the mouth-watering hoagies, the proprietary recipes and ingredients set them apart from the competition.
Franchise:
This business is an established franchise

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William Park

Business Listed By:
William Park

VR Business Brokers

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Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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