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Three Franchises for Sale in Knoxville, TN - $1 Million in Sales

Knoxville, TN (Knox County)

Three Franchises for Sale in Knoxville, TN - $1 Million in Sales
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Asking Price: $250,000

Cash Flow: $0

Gross Revenue: $1,031,261

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0 /Month

Established: 2011

Three Franchises for Sale in Knoxville, TN - $1 Million in Sales

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Business Description

Three Sandwich Franchises for Sale producing combined sales of over $1 million. Knoxville, Tennessee locations are home to hungry college students and plenty of them! All three units are in Superior Locations excellent rental rates. One unit is RIGHT Next to the University!
Don't delay on getting three stores, recently remodeled and ready to go. Total sales volume of more than a million and rock bottom pricing on a store group with reasonable royalties and good branding. Great locations have long term leases at very favorable lease rates. One is $3700 per month, the second is $3315 per month and the third is $2700 per month. Seller is retiring and We Sell Restaurants sees strong potential with these units. Become an instant Multi-unit owner. The largest store is earning around $60,000 on the books and the other two are break even but the retiring owner will fully admit she has not been heavily involved for many years.
These sandwich franchises for sale are surrounded by multiple universities and state schools, including the almighty 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!
The universal adage “Location, Location, Location” rings true when it comes to these three sandwich franchises for sale. The three locations are all in first-rate locations just off two of the major interstates in the area. One interstate experiences a staggering traffic count of over 170,000 cars on a daily basis! With the right advertising, that is 170,000 potential customers on a daily basis. That's not evening considering the surrounding infrastructure! Between the three sandwich franchises for sale, there are offices, major hospitals, numerous off-exit hotels, motels, urgent care facilities, car dealerships, densely populated neighborhoods and SO much more.
Between the three sandwich franchises for sale, there are over TWENTY K-12 schools within an 8-mile radius of each store. This is a huge untapped marketing opportunity, as schools provide an excellent opportunity! By implementing a weekly or biweekly catered lunch program with the school district for just 1/3 of those schools, you could double your earnings! With 3rd party delivery services available, the hospital down the road, the several hotels and motels and businesses nearby could be another large untapped marketing opportunity for you with these Sandwich franchises for sale.
These sandwich franchises for sale boast 1475, 2000, and 2000 square foot build-outs that are utilized to their maximum efficiencies. These stores are very simple to operate and perfect for just about anyone - from the restaurant novice to the veteran. The monthly lease rates are only $3700, $3315, and $2700 - The leases each feature their own lease expiration dates and renewal options.
The benefit of owning these three sandwich franchises for sale is that you are backed by a national brand and have initial and ongoing support. Meaning, you can go into business for yourself without the overwhelming sensation of being 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.
You receive use of the instantly recognized trademark, trade secrets and methodology along with 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 a 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 not one but THREE open and operating sandwich franchises for sale! Call us today before this opportunity disappears!

Detailed Information

Location:
Knoxville, TN
Real Estate:
Leased
Building SF:
147,520,002,000
Lease Expiration:
11/29/2021
Employees:
20
Facilities:
Store 1 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 and 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 Store 2 Computer System with POS 28 Wooden Chairs 5 30x30 Tables Round Table Base 48in Table 24x30 4 Single Booths 42x48 6 Double Booths 42x48 8 30x48 Tables Beverage Counter POS Cabinet Sink Pass thru window Sneeze guard 3 30x72 worktables 3 30x48 worktables 2 30x60 worktables Equipment stand Miscellaneous F and F Desk and Office Chair Wall Art Chip racks Walk in cooler Exhaust hood Several slicers Step in freezer 1 section refrigerated counter 2 section refrigerated counter Ice maker Refrigerated Merchandiser deli case proofing and holding cabinet convection oven electric grill 2 mobile pan racks scale Microwave Oven Safe Tomato Slicer Misc Equipment Interior Signs 2 Outdoor signs Vacuum Television Printer Fax 2 Computer monitors 32 LCD Television Security Satellite Radio Speakers Store 3 28 Wooden Chairs 5 30x30 Tables Round Table and Base 48in 1 24x30 Table 4 42x48 Single Booths 6 42x48 Double Booths 8 30x48 Tables Beverage Counter POS Cabinet Sink Pass thru Window Sneeze Guard 3 30x72 Worktables 3 30x48 Worktables 2 30x60 Worktables Equipment Stand Miscellaneous F and F Desk and Office Chair Walk In Cooler Exhaust Hood 2 Slicers Step in Freezer 1 Section Refrigerated Counter 2 Section Refrigerated Counter Ice Maker Refrigerated Merchandiser Deli Case Proofing and Holding Cabinet Convection Oven Electric Grill 2 Mobile Pan Packs Scale Microwave Oven Safe Tomato Slicer Miscellaneous Equipment Interior Signs 2 Outdoor Signs Cap Interest Vacuum POS System 2 Televisions Security System Printer Fax Computer Monitor Computer Monitor Desktop Computer
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
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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