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879387-BK_Profitable Sub Shop & Sandwich

Chesterfield County, VA

879387-BK_Profitable Sub Shop & Sandwich
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Asking Price: $249,000

Cash Flow: $130,000

Gross Revenue: $350,000

EBITDA: N/A

FF&E: $60,000

Inventory: $2,000*

Established: N/A

*not included in asking price.

879387-BK_Profitable Sub Shop & Sandwich

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Business Description

Profitable Sub and Sandwich Shop located in a busy area

Detailed Information

Location:
Chesterfield County, VA
Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Operated as a Stuff Sandwich Shop for 11 years and 6 weeks ago was converted to a Jon Smith's franchise. Community approval and sales are up.
Competition:
Jon Smiths Subs is a new franchise out of Florida where there are 30 locations and this brand is successful. Jon Smiths subs is a high end fast food and no competition in Richmond are with the same combination of item
Growth & Expansion:
Jon Smith's is offering multiple locations in Richmond. Increasing marketing such as coupons and social media is all that is necessary to bring in additional business.
Reason for Selling:
retiring
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Bill Kelly

Business Listed By:
Bill Kelly

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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