Two Locations - Electric Hero Sandwich Shop

Rockford, MI (Kent County)

Two Locations - Electric Hero Sandwich Shop

Asking Price:$99,500

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$60,000

Inventory:$7,000

Rate/Sq. Ft.:$12.00

Established:2015

Two Locations - Electric Hero Sandwich Shop

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Business Description

Brand New Stores

Forget about the standard sub shops, Electric Hero is changing the sandwich game with it's focus on flavor packed food, great vibes and free delivery. Electric Hero began in the creation of a popular sandwich shack on the shores on Lake Michigan and quickly built a loyal following for it's insanely awesome ingredients, chef created food and tremendous value. One shack turned into two shacks then two food trucks and now we have six locations around West Michigan in just three short years.

As an Electric Hero Franchise Partner, you may be in business for yourself but you are never in business by yourself. Electric Hero provides ongoing support, access to proprietary operational systems and products, training, marketing and even financing. We have a total commitment to ensure the success of our Franchise Partners. We provide you with a flexible platform on which to build your business.

We invest a lot of resources into our Franchise Partners so naturally we want to choose the best of the best. Potential buyers must be pre-approved by Franchisor.

Franchise fees are included in sale price. Royalty is 3.5%. Franchise Agreements are 10 years.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two brand new locations. 5260 Northland Drive & 110 Courtland St in downtown Rockford. Brand new equipment, signage, seating, marketing platforms, inventory, and a fully trained staff. Each space is under 1,000 square feet and features between 12-16 seats per location plus outdoor seating. Great 5 year leases. Rockford is $975/month + utilities and Northland Drive is $1100 a month + utilities. Renewable options on each lease.
Competition:
The Northland Drive store is on a heavy traffic corridor at the intersection of Northland Dr & Plainfield Ave. High traffic counts and solid visibility. 110 Courtland St is located in charming downtown Rockford MI. Rockford is touristy and industrial areas are only minutes away for catering business.
Growth & Expansion:
Brand new stores = tons of potential. Our more established stores have strong catering and delivery business and we can't wait for the Rockford & Belmont stores to achieve their potential!
Support & Training:
Over 4 weeks of initial training and ongoing support and collaboration.
Reason for Selling:
Corporate Owned
Franchise:
This business is an established franchise
Business Website:
http://www.electricheroshop.com

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Business Listed By:
Electric Hero

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