Sub Franchise for Sale Brings in $158,000 for Owner Operator!

Charlotte, NC (Mecklenburg County)

Sub Franchise for Sale Brings in $158,000 for Owner Operator!
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Asking Price: $540,000

Cash Flow: $158,101

Gross Revenue: $868,915

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $12,970.56 /Month

Established: 2014

Sub Franchise for Sale Brings in $158,000 for Owner Operator!

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Business Description

Six Figure Owner Benefits for a new owner in this Sub Franchise for sale. Seller is unable to operate from a distance and must sell !
This Sub franchise for sale is a national franchise growing at a tremendous rate. If you're looking for location, this sub shop is located in one of Charlotte's largest retail shopping malls around. Everyone knows where this mall is located for the amount of traffic it gets. No shortage of foot traffic for this one, and when shopping season is at its peak on every holiday your surely able to see lines out your door! This is a food court location and the total square footage is an easy 944 square feet. The food court itself has hundreds of seating options so no shortage of dining room availability. Patio seating available as well. All in the rent is $12,974 per month with over $868,000 in sales for 2018. Not to mention this food court is considered the main entrance for the entire mall. Contact We Sell Restaurants today for this amazing sub franchise for sale!
The Shopping Mall is a staple in the Charlotte market. Over 1 million square feet of retail space and over 140 retail stores in this center. Tons of foot traffic and drawing crowds year-round for this sub franchise for sale. Outside of the mall is close to 5000 parking spaces and many rooftops, new apartment complexes, retail and restaurants. So, plenty of synergy in this busy side of Charlotte. Becoming the new owner of this location can boast you an owner benefit of over $158,000 per year.
This is a sub franchise for sale, so franchise support is readily available. The new owner will have to go through franchise training, so you are ready to go with your new business. The menu is set and ready to go. No just subs, but some of the best cheese steaks in town. From cheese steaks to chicken steaks they have some of the best. Other popular subs such as the Italian subs, club subs, turkey subs, and plenty of side items. Oh and the French Fries are very popular!
If you're looking to start your new restaurant dream and want to be with a proven concept, then this sub franchise for sale might be the one for you!!
SBA funding is available on this franchise sub shop with 20% down. With an owner benefit this huge it will not last long.

Detailed Information

Location:
Charlotte, NC
Real Estate:
Leased
Building SF:
944
Lease Expiration:
12/31/2024
Employees:
12
Facilities:
1 three compartment sink wall shelves 1 single compartment sink 3 ss tables 1 ss hand sink 4 sets of wire shelves 1 walk in cooler is a fixture 1 walk in freezer is a fixture 1 robot coupe food processor 1 set of employee lockers 1 ss hand sink 1 warmer 1 deep fryer 1 soup warmer 2 POS systems 1 camera system 1 deli table 2 Kitchen displays 1 toaster 1 two foot ss table 1 five foot ss table 1 four foot ss table 1 flat top grill 1 hood system is a fixture
Competition:
Charlotte has seen the job market increase by 3 5 over the last year Future job growth over the next ten years is predicted to be 42 5 which is higher than the US average of 38 0
Growth & Expansion:
Key business for expansion and growth Great starter to get into the franchise category Charlotte is the number 2 metro in the US for economic growth
Support & Training:
Available with Franchise/Seller
Reason for Selling:
Other
Franchise:
This business is an established franchise
Business Website:
http://www.wesellrestaurants.com
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Contact the Seller

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Justin Scotto

Business Listed By:
Justin Scotto

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.


Sponsoring Broker:
Eric Gagnon

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