Sub Franchise for Sale Earns Nice Returns on $500,000 in Sales!

Greensboro, NC (Guilford County)

Sub Franchise for Sale Earns Nice Returns on $500,000 in Sales!
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Asking Price: $195,000

Cash Flow: $75,082

Gross Revenue: $514,924

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,389 /Month

Established: 2014

Sub Franchise for Sale Earns Nice Returns on $500,000 in Sales!

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Business Description

Buy this sub franchise for sale in a high-traffic strip center! Get an established location with earnings on the books of approximately $75,000 for an owner operator. Why wait? Get this store today! Sales of more than $500,000.
Don't pass this opportunity by as this sub franchise for sale has enormous potential. Located in a bustling area Greensboro, North Carolina on a retail corridor with many national retailers, restaurants, medical offices, and banks and within walking distance of a major hospital.
Not only are there many retailers and offices in the immediate area, there are thousands of homes and apartments nearby this sub franchise for sale turning out a profit and offered by We Sell Restaurants. Sales of more than $500,000 last year would net you, as an owner operator, just at $80,000. PLUS, we'll have you approved for lending with just 20% down on this mega brand opportunity in under a week!
Greensboro is the 3rd-most populous city in North Carolina, and the county seat and largest city in Guilford County and the surrounding Piedmont Triad metropolitan region. As of the 2010 census, the city population was 269,666, and in 2015 the estimated population was 285,342. Three major interstate highways (Interstate 40, Interstate 85, and Interstate 73) in the Piedmont region of central North Carolina were built to intersect at this city where we are listing this sub franchise for sale.
Ideal location for this sub franchise for sale. Locals tell you that Greensboro is a great place to call home as the population keeps increasing. The city's Convention & Visitors Bureau boasts a great selection of 135 attractions, 500 restaurants and 88 hotels. All that adds up to a great business environment with potential for continued growth.
This sub franchise for sale is open from 10:30 AM to 9:00 PM so the hours are very reasonable for an owner-operator. With 2 full-time employees and 8 part-time employees, this restaurant is relatively easy to manage. There are 55 seats inside this 2,100 square foot store. Rent is also reasonable at $4,386 per month as that includes all common area maintenance, taxes and insurance. And there's plenty of time left on this lease with doesn't expire until 2027 and there are two options to renew.
The equipment list is extensive from the major appliances like commercial refrigerators, freezers, conveyor oven, steamers, meat slicer, ice machine and virtually every peripheral piece of equipment you need to move in tomorrow and start operating. The equipment list even includes a 10 x 10 pop up tent, a battery operated safe and security cameras, recorder and monitor at this sub franchise for sale.
The royalty fees are just 6% with 4% towards national advertising. Training is extensive with this major brand and the owner is willing to stay on for 2 weeks to help with your training.
If you're serious about buying a sub shop franchise for sale with strong earnings for an owner operator and a great area, this one is for you! Don't wait!

Detailed Information

Location:
Greensboro, NC
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
N/A
Employees:
10
Facilities:
Scotsman Ice Machine Cube Style 905 pound includes ice bin and dispenser filler kit and scoop Ice Tote 6 gallon Scotsman Countertop Ice Dispenser Food Pan half size Quantity 6 ColdFest Pan 1 8 quart crock Quantity 3 Cold Fest Pan 0 33 size Quantity 3 Food Pan Cover half size Quantity 24 Food Pan Clear half size Quantity 24 Food Pan Cover 0 167 size Quantity 100 Food Pan Clear 0 167 size Quantity 100 Food Pan Cover 0 11 size Quantity 6 Food Pan Clear 0 11 size Quantity 6 Food Pan Cover Amber with Handle 0 33 size Quantity 10 Food Pan Amber 0 33 size Quantity 10 Food Pan Cover Amber with Handle 0 167 Size Quantity 25 Food Pan Cover Amber Notched with Handle 0 167 Size Quantity 4 Food Pan Amber 0 167 Size Quantity 30 Storage Container Round 4 quart Quantity 6 Storage Container Lid 4 quart Quantity 6 Drip Tray for Tea Urns Quantity 1 Lemon Lime Condiment Tray Shaker 10 ounce Salt and Pepper Quantity 3 Shaker 10 ounce Cheese Quantity 4 Red Serving Baskets Quantity 75 Spatula Quantity 6 Tongs Stainless Quantity 6 Spoons Stainless Quantity 8 Ladle Stainless Quantity 2 Whip French Quantity 2 Food Portioner 4 ounce Quantity 3 Tomato Stem Remover Quantity 2 Vegetable Peeler Quantity 2 Steam Table Pan 2 3 size Quantity 2 Colander Quantity 1 Mixing Bowl 20 quart Quantity 2 Measuring Cup 4 quart Quantity 2 Measuring Cup 1 quart Quantity 2 Thermometer Quantity 4 Refrigerator Thermometer Quantity 6 Knife Scalloped Quantity 4 Knife Cooks Quantity 2 Knife Offset Scalloped Quantity 4 Knife Rack Quantity 2 Knife Sharpener Quantity 1 Glove Cut Resistant Quantity 5 Cutting Board Red Quantity 7 Cutting Board Mat Quantity 4 Assorted Squeeze Bottles Quantity 20 Steri Pail for Sanitizer Quantity 6 Wet Floor Sign Quantity 2 Sandwich Prep Cutting Board and Brackets Quantity 1 Refrigerator Glass Door with Casters Refrigerator Reach In 3 Door Freezer Reach In One Door Holman Conveyor Oven Steamers with Direct water Hookup Quantity 8 Water Pressure Regulators for Steamers Quantity 8 Work Table Stainless 30X60 with Casters Quantity 1 Work Table Stainless 30x72 with Casters Quantity 2 Work Table Stainless 30x96 with Casters Quantity 3 Shelving Green Epoxy 18X36 Quantity 2 Shelving Green Epoxy 18X48 Quantity 2 Shelving Green Epoxy 18X60 Quantity 8 Shelving Green Epoxy 24X48 Quantity 5 Shelving Green Epoxy 24X60 Quantity 8 Edlund Scales Quantity 4 Receiving Scale Quantity 1 Nemco Tomato Slicer with Blade Assembly Deli Wrap Holder Quantity 3 Bag Holder Quantity 3 Hot Sauce Display Rail Nemco Countertop Food Warmer Nemco Countertop Food Warmer Cooker Microwave Can Opener Chair Red Ladderback Quantity 66 Barstool Red Ladderback Quantity 4 Tables 24x30 Quantity 31 Tables 24x48 Quantity 2 Trash Cabinets Inserts Quantity 2 Outdoor Tables Quantity 2 Outdoor Chairs Quantity 8 Tuuci Outdoor Umbrellas Quantity 2 High Chairs Quantity 2 Three Compartment Sink Produce Sink HP Computer and Laser Printer Bizerba Meat Slicer 10x10 FHS Pop Up Tent Battery Operated Safe Security Cameras Recorder and Monitor
Competition:
High traffic area low rent for the area
Growth & Expansion:
Popular midtown location good neighbor tenants who also drive traffic established client base
Support & Training:
8 Manager will stay on staff. Current owner will offer 2 weeks training if needed.
Reason for Selling:
Relocation
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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