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Sandwich Franchise for Sale in Knoxville - Close to University of TN!

Knoxville, TN (Knox County)

Sandwich Franchise for Sale in Knoxville - Close to University of TN!
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Asking Price: $195,000

Cash Flow: $57,610

Gross Revenue: $442,409

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,702.25 /Month

Established: 2011

Sandwich Franchise for Sale in Knoxville - Close to University of TN!

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Business Description

Flourishing Sandwich Franchise for Sale in Knoxville, TN - College Town Location has it all! Successful Store with Annual Sales well over $440,000 and an Owner Benefit over $57,000 this is One Opportunity You Don't Want to Pass Up!
The infamous proverb “Location, Location, Location” rings true when it comes to this sandwich franchise for sale. Within just a few miles of this sweet spot, some of the more notable mentions are the multiple banks, urgent care facilities, big-box retailers, car dealerships, and a major hospital with specialty medical offices in the same location.
Not to be outdone, but there are also over twelve K-12 schools within a 5-Mile Radius! If you decide to implement a biweekly or weekly catering program with the school district for just HALF of those schools, you could double your earnings in no time! With 3rd party delivery services available, the hospital down the road could be another large untapped marketing opportunity for you with this Sandwich franchise for sale. We Sell Restaurants has seen this model work for many of our customers that take over stores like this one!
Speaking of schools, this sandwich franchise for sale is surrounded by several colleges and universities, the most notable being the University of Tennessee! With sandwiches being at the top of the go-to foods for college students, you are in a prime spot being right down the road. With all the tourism from sporting events, Parent's Weekend, etc - you are sure to benefit from all that Tennessee Orange Pride!
If you don't have the earnings to match your entrepreneurial spirit - don't worry! We Sell Restaurants has built a great rapport with SBA and conventional lenders, helping you get an answer in days instead of weeks or months!
This successful 1,475 square foot sandwich franchise for sale is a very simple operation. The monthly lease rate is only $3,700, which includes CAMS, taxes, and insurance. The cost even includes waste removal! The lease is valid until November 29, 2021, with 1 option for 5 years.
The benefit of owning a sandwich franchise for sale like this one is that you are backed by a nationally beloved brand and have initial and ongoing support, which means you don't have to feel overwhelmed. Go into business for yourself but not by yourself! The franchise transfer fee, which covers your 4 weeks of intensive training to get you familiar with the brand and its operation, is only $7,500. For use of their beloved and instantly recognized trademark, top secrets and methodology that make them successful and their award-winning recipes designed by top chefs, there is a 6% of sales royalty fee. For the promotional materials designated to promote the brand, both nationally and locally, there is also 2% marketing fee assessed, respectively.
This is a small price to pay when you consider the alternative; Staring at an empty building, waiting on build-outs and permits. Your time IS money, and no one knows that better than We Sell Restaurants! You can either start from the bottom with nothing or from the top, with this successful open and operating sandwich franchise for sale! Call us today before this opportunity disappears!

Detailed Information

Location:
Knoxville, TN
Real Estate:
Leased
Building SF:
1,475
Lease Expiration:
11/29/2021
Employees:
7
Facilities:
TABLES 30X30 5 WOOD CHAIRS 28 Table and Base 7 Table 24X30 SINGLE BOOTH 42 X 48 4 DOUBLE BOOTH 42 X 48 6 Tables 8 30x48 Beverage Counter POS Cabinet Pass thru window Sneeze Guard Worktables 2 Worktables 3 30x48 Worktables 2 30x60 Equipment Stand Miscellaneous F F Hand sink Sink 3 compartment Wire shelving Outdoor planters 4 Walk In Cooler Exhaust Hood 2 Slicers Freezer 3 door Ice Maker Refrigerated Merchandiser Deli Case Proofing Holding Cabinet Proofer Convection Oven Grill Mobile Pan Racks 2 Scale Microwave Oven Microwave Shelf Safe Tomato Slicer Miscellaneous Equipment Interior Signs Outdoor Sign Outdoor Sign Cap Interest TV Mounts 2 Hot water heater POS System 2 Televisions Security System Printer Fax Computer Monitor Computer Monitor Desktop Computer NEW LOCATION NEW LOC FF NEW LOC EGT LEASEHOLD NEWLOC POS System Steamer
Competition:
Knoxville the largest city in eastern Tennessee and home to the University of Tennessee serves as a gateway to the tourist and recreation destinations of the Great Smoky Mountain National Park to the southeast The 400-acre university campus with its 26
Growth & Expansion:
Expansion is possible and very realistic within the franchise - you can open a location in the neighboring smaller suburbs and communities throughout TN
Support & Training:
4 Weeks
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Business Website:
http://www.wesellrestaurants.com
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Robin Gagnon

Business Listed By:
Robin Gagnon

We Sell Restaurants

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Georgia Association of Business Brokers (GABB).


Sponsoring Broker:
Eric Gagnon

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