Well Known Sub Sandwich Franchise

Phoenix, AZ (Maricopa County)

Seller Financing Available
Well Known Sub Sandwich Franchise

Asking Price:$150,000

Cash Flow:$68,000

Gross Revenue:$170,000





*not included in asking price.

Well Known Sub Sandwich Franchise

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Business Description

The purchase price is $150,000 and the down payment is $75,000. The balance of $75,000 will be paid to seller by buyer at $2281.65 or more per month including 6% interest amortized over 3 years OR seller will cash out for $135,000. To qualify for this franchise, the buyer must show a net worth of $250,000, show a credit score of 700 or above, and have a working capital of $100,000. The royalty fee is 10% of monthly gross sales. Transfer fee shall be split equally between buyer and seller. There is a 2 week training period for buyer---1 week at corporate and 1 week at the store. Hours are Monday- Friday 10am-8pm, Saturday 10:30am-6pm, and Sunday 10:30am-4pm. This store has a patio, is well equipped, and is located at a busy intersection. Financial information was provided by seller and was not verified by broker. A money maker with lots of potential for growth as currently there is no catering or delivery. A MUST SEE!!! Call Mary, 602-978-3313, for more details!

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
1450 square feet. Rent is $2542 per month. Lease expires 2018 and there are 2 five year options.
See Listing Summary.
Support & Training:
See listing summary.
Reason for Selling:
Other Interests.
This business is an established franchise

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