$Seller Financing Available
| Asking Price |
$150,000 | Inventory |
$5000** |
|---|---|---|---|
| Gross Income |
$450,000 | Real Estate |
|
| Cash Flow |
$75,000 | Year Established | 1999 |
| FF&E |
$50,000* | Employees | 10 |
* included in the asking price
** not included in the asking price
This local hoagie franchise has been Philly for over 20 years and is known for their large items. They have been featured on TV and Radio and won many "best of" awards. This location has been around since 1999 and the current owners are absentee. The location sells 50% lunch and 50% evening. They are known for their hoagies, cheesesteaks and wings. Their food cost is typically 38%. They are also just completing the construction of a second store in Williamstown and also have prepaid for a 3rd franchise fee. They are open to selling just this one store for $150,000 or both stores and the franchise agreement for total of $250,000.
Facilities: 1900 sq. ft in busy strip center that is anchored by national supermarket. Seating for over 25. Equpment is in good working condition. 8 years left on lease with options. Rent is approx $3600 NNN
Competition: Current owner does minimal marketing or advertising. A new owner could focus on catering and delivery and build the business.
Seller Financing Available: Yes
Financing: Seller may provide limited financing
Support/Training: Seller will train as will franchisor
Reason Selling: Seller is absentee owner and has another business

Jack Benoff
215-321-6855
Solara Restaurant Ventures
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