Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$180,000	Inventory	$2,000**
Gross Income	$330,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1997
FF&E	$75,000*	Employees	6-8

* included in the asking price

** not included in the asking price

Well established and profitable Sub & Sandwich Franchise for sale in North Carolina...part of the nation's # 1 Franchise Sub Chain. The business was opened in 1997 and is located near the marina area and waterways of Pamlico County, NC. Business features the latest franchise decor and design and was remodeled in July of 2008...no further decor or remodel upgrades are required by the franchisor until the summer of 2015 at the earliest. Sales have been very consistent since inception, and have been increasing steadily over the past 24 months as the area grows...2008 sales increased 14%...2009 sales have increased an additional 11% to date. Sales are NOT seasonal and are consistent all year round. Gross Sales and Income totaled approx $330,000 in 2008 and are well ahead of that pace in 2009. Business has low FIXED monthly rent with no increases throughout the current term. Food Cost for this business typically averages 28-30% of sales... Franchise royalties and national advertising fees total 12.5% of sales. This is an excellent opportunity to join the nation's number 1 sub and sandwich franchise and become self employed in 2009 and beyond. Interested in learning more?...1) Download the Additional Information File Attached Below that contains the Confidentiality Form. 2) Complete the Confidentiality Form and return it to us via fax or email. 3) Upon our receipt of the Form, you will be provided specific data for this opportunity...You may also download the Confidentiality Form from our website at HTTP://WWW.ATLANTICBUSINESSBROKERAGE.COM, where you can view similar businesses for sale in your area.

Attachments: Download additional information (PDF)

Facilities: Approximately 1500 sq.ft. rental space in front face retail building. Monthly rent is FIXED, w/ no increases, at ONLY $1,265 (includes CAM, taxes, & typical landlord charges) during current lease term...One five year tenant's option period to renew lease exists through 2016. Additional option years can be obtained thereafter.

Competition: Typical retail and food establishments located in the area. No other Sub franchise shops from the same franchise within 8 miles.

Financing: Financing available to qualified parties.

Support/Training: Franchisor provides 2 weeks of training at its company headquarters. Local representative for Franchisor also provides on-site training and assistance.

Reason Selling: Owner is selling due to personal/family reasons.