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Awesome Sub Franchise-New Price

Wichita, KS (Sedgwick County)

Very Established Sub Franchise
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Asking Price: $120,000

Cash Flow: N/A

Gross Revenue: $480,000

EBITDA: $75,000

FF&E: $30,000

Inventory: $5,000

Rent: $3,850 /Month

Established: 1995

Awesome Sub Franchise-New Price

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Business Description

The Business:
The business is a regional franchise sub sandwich and pasta restaurant located in Wichita, Kansas.
The business serves all of Wichita, Kansas and surrounding areas.
The business employees approximately 12 full time and part time employees.
The business has been established over 20 years and has been owned by the same person for 7 years.
The franchise has a very established name and brand in the Wichita Market.
The company has created a business that will exceed $480,000 in gross sales in 2019.

The Transaction:
The Buyer has the opportunity to purchase the assets of the company and the goodwill, contracts and brand established.
The total asking price is $120,000 and includes the transfer fee payable to the franchise.
The total asset value of the business is approximately $30,000.
The total inventory value exceeds $5,000.
The business currently is operated by the owner on a part time basis and a full time manager.
The owner is willing to assist in transition training.

Detailed Information

Location:
Wichita, KS
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2000 sq ft in a busy shopping area
Growth & Expansion:
new "prepared menu" coming very soon that will further enhance the business
Financing:
possible partial
Support & Training:
owner will assist
Reason for Selling:
changing careers
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Tom Lutes

Business Listed By:
Tom Lutes

E-Biz Brokerage

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