Sub Franchise for Sale is Major Brand Pulling Strong Six Figures!

Panama City, FL (Bay County)

Sub Franchise for Sale is Major Brand Pulling Strong Six Figures!
Contact Seller

Asking Price: $450,000

Cash Flow: $144,668

Gross Revenue: $849,599

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,080 /Month

Established: 2003

Sub Franchise for Sale is Major Brand Pulling Strong Six Figures!

Save Print Share Valuation Report

Business Description

Buy this Sub Franchise for Sale kicking out serious cash flow on very high sales. Demonstrated success with sales of roughly $840,000 that's generating income for an owner operator of $145,000 per year! Now that's serious money! Lending with just 20% down.
This Sub Franchise for Sale is nearby Tyndall Air Force base which will be spending billions of dollars rebuilding the Base after Hurricane Michael! Great built in local market for locals and tourists plus a base that growing! This store is also E2 visa qualified, but you must be stateside for roughly four months for training before the store can transfer.
This Sub Franchise for Sale raking in six figure earnings and high volume listed by We Sell Restaurants is ready for SBA lending if you bring 20% to the table. Favorable rates. Approvals in less than three days and lending over a 10-year term. Seller is absentee and has a General Manager in place making $30,000 per year. Run the store yourself and the total return to you is roughly $145,000 per year. Seller is retiring after many successful years.
Don't build a new store from scratch and work to gain profitability when you can pay for this store and an excellent lifestyle in Florida at the same time. Relocate for this amazing opportunity. No state income tax and a business-friendly climate allow this Sub Franchise for Sale to thrive.
Location is everything and this 1400 square foot Sub Franchise for Sale has a prime location in Florida. The lease is an unheard-of $3077.28 per month which includes CAMS, Taxes and Insurance. That's right -- Occupancy is just 4.5% of sales and that's why this winning location is able to generate so much in earnings. The lease is valid until July 2023 and landlord is open to additional option years at favorable rates.
Don't worry about joining a brand that you aren't experienced with! When you purchase this Sub Franchise for Sale, you will be getting all the training and continued support that comes with this well-known brand! This includes 6 weeks of training and support by their Franchise Business Consultants. The franchise transfer fee of 10000 is charged by the brand to cover your training and the remaining term of the franchise agreement.
Royalties for this Sub Franchise for Sale are a reasonable 6% percent of sales. The marketing fees are charged by the brand for countrywide promotional purposes and are just 5% percent of sales.
Are you ready to join this winning brand by purchasing this Sub Franchise for Sale? Contact the restaurant brokers today!

Detailed Information

Location:
Panama City, FL
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
7/31/2023
Employees:
15
Facilities:
Steamers 7 Refrigerated Sandwich Cooler with cutting board 1 Single Door Cooler 1 new 3door Cooler 1 Glass single door cooler 1 Walk in Freezer 1 New compressor and evaporator 5 year warranty Slicer 1 Food Warmers 2 1 is new Toaster 1 Microwave 1000 watt Couple of month old Cookie Oven New Digital Portion Scales 4 Computer 1 Printer 1 Register systems 2 Register printers 3 Ice Machine 1 Music System 1 High Chairs 2 Trash Cabinets 2 Furniture and seating Barstools 2 6 security cameras DVR and monitor 3 Compartment sink Flat Screen TV All cambros and Lids required to do everyday business of the restaurant Safe
Competition:
We are on the way to Tyndall Air Force which will be spending billions of dollars rebuilding the Base after Hurricane Michael
Growth & Expansion:
Low rent Lot of rebuilding from Hurricane Michael and Tyndall Air Force Base
Support & Training:
6 Up to 4 weeks if needed
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Business Website:
http://www.wesellrestaurants.com
Contact Seller

Contact the Seller

Contact Seller Loading

Robin Gagnon

Business Listed By:
Robin Gagnon

We Sell Restaurants

Show Phone Number

View My Listings

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

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1670128 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Fisher's Sandwich Shop Franchise Inc.

Franchise Opportunity In FL
Cash Required: $60,000