Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$149,000	Inventory
Gross Income	$342,807	Real Estate
Cash Flow	$41,921	Year Established	2005
FF&E	$137,000*	Employees	2 ft; 8 pt

* included in the asking price

** not included in the asking price

Blimpie was founded in 1964 and was the first submarine-sandwich chain in the United States. There are now over 1,600 franchised/licensed locations across the country with only 19 of them company-owned. The unique Blimpie twist on the classic deli menu appeals to the variety of palates and nutritional preference of today's consumer, making Blimpie the best choice for any sandwich occasion. A wide variety of high-quality sandwich ingredients and toppings enable Blimpie to consistently out-rank competitors because of nutritional preferences and diets, fresh-sliced meats with more flavor, MSG-free, fresh artisan bread in seven flavors, and trusted major-name suppliers. This location is in a very high traffic area, both cars and foot traffic. Assets are in excellent condition. There is an excellent lease in place that is keyed to percentage of gross sales. Percentage rent ranges from 2% to 12% of sales, depending on the total monthly amount. Hours are 7am - 8pm seven days per week. This is a terrific opportunity with a turnkey, profitable franchise with very favorable rent.

Facilities: Approx. 2100 sq.ft. retail space with 40 seats leased on percentage rent based on gross sales.

Competition: Major customers include lunch and dinner customers who want to enjoy an excellent sandwich.

Growth/Expansion: Outside catering can bring in increased sales. Blimpie corporate has programs and menu s in place and will provide training to capture this area of business.

Support/Training: Blimpie provides 5-7 days of corporate training in Scottsdale, Arizona plus 40 hours of in-store training. Seller will also provide training and support if needed.

Reason Selling: Owners are moving on to other business interests.