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

EBITDA:N/A

FF&E:$60,000

Inventory:$8,000*

Established:2013

*not included in asking price.

Well Known Sub Sandwich Franchise

Get Financing Save Print Share Valuation Report

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

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

Listing Statistics for Premium Members

Ad#:1213962 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

MARY ZORDAN

Business Listed By:
MARY ZORDAN

JANCO WEST BUSINESS BROKERS

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The Arizona Business Brokers Association (AZBBA).

Find out more...

Get more details about this business.


Similar Listings


Vitality Bowls

Franchise Opportunity
Capital Required: $200,000