| Asking Price |
$180,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2007 |
| FF&E |
N/A | Employees | 1 ft 7pt |
* included in the asking price
** not included in the asking price
This franchise was the first submarine sandwich chain in the United States and over forty years has grown to nearly 1,600 locations across the United States. The owners of Blimpies opened this store in 2007 in the new Wal-Mart Super Center and our now ready to move on as the owners have outside jobs and the family dynamics will be changing soon. Blimpies is part of the Kahala Franchise, the sale includes additional franchise agreements. The franchise rights can include two more Blimpies, Johnny s Pizza or Wafflo (Ice Cream). The approximate cost to add a pizza oven is $9000. There are 7 Blimpies in the Sacramento area. This is the only Blimpies in the center and there is plenty of opportunity to increase sales by offering catering to the local business. This Wal-Mart is open 24 hours so it would be easy enough to open earlier or stay open longer. Franchise: Blimpies requires all franchisees to train for two weeks in store and attend one week training in Arizona. Buyer to pay a transfer fee of 5% of the Selling price. Royalty fee is 6%, Franchise Adverting 2%, and 2 % Wal-Mart Advertising.
Facilities: 7% of sales averages approx. $1200 pm. Utilities are fixed at $800 pm includes garbage, water & electricity. Seats: 60 - 70 Max
Competition: The only deli in the center.
Financing: Down payment of $100,000 Note to Seller $80,000.
Support/Training: 2 weeks in store training and 1 week in Arizona at the Franchise Headquartes.
Reason Selling: The owners opened this store in 2007 in the new Wal-Mart Super Cente

Tricia
916-482-7979
Restaurant eXchange
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