| Asking Price |
$199,000 | Inventory |
$2,000** |
|---|---|---|---|
| Gross Income |
$365,000 | Real Estate |
|
| Cash Flow |
$70,000 | Year Established | 2000 |
| FF&E |
$65,000* | Employees | 7-9 |
* included in the asking price
** not included in the asking price
Well established Sub & Sandwich franchise for sale in Vermont, VT...Nation's # 1 Sub Franchise. Sales volumes at this location reflect INCREASES each of the last 3 years and same month sales have increased in 25 out of the last 29 months. 2008 Net Sales are averaging $6,586 / wk through the end of September. This business is just entering it's busiest period of sales which occur during the and winter/holiday months... Net Sales have averaged $9,241 / wk over the last 2 years during the month of December. The store was recently upgraded to the latest Franchise Decor style, known as Tuscany, and is operated by the Seller who works only 20 hrs/wk or less on average. Profits for an Owner Operator = $70,000/yr plus based on current sales volumes. Sub franchises such as this business are just about as recession proof as you'll ever find!!...Interested in additional information?...1) Download the Additional Information File Attached Below that contains the Confidentiality Form. 2) Complete the Confidentiality Form and return it to us via fax or email. 3) Upon our receipt of the Form, you will be provided specific data for this opportunity...You may also download the Confidentiality Form from our website at HTTP://WWW.ATLANTICBUSINESSBROKERAGE.COM, where you can view similar businesses for sale in your area.
Attachments: Download additional information (PDF)
Facilities: Indoor Mall Location with shared food court: Location is approximately 600 sq. ft. Total rent currently averages $3,300/mo. (Includes CAM, Ins, Taxes, and all Landlord charges). Lease expires in April 2010 and is currently being renewed for an additional 10 years worth of options. Store is upgraded with new franhcise Tuscany decor style.
Competition: Typical mall / retail establishments with little to no vacant spaces available.
Growth/Expansion: Store sales continue to improve year after year and show no signs of slowing. Additionally, the store is mainly operated by the employees only - A full time manager, or an owner operator who could offer more time and direction at the business could generate additional sales and profits.
Financing: Lender based financing available to qualified parties.
Support/Training: Franchisor provides 2 weeks of training at its world headquarters in Connecticut. Local development agent for Franchisor also provides on-site training and assistance upon the sale and transfer.
Reason Selling: Seller has 3 young children that prevent devoting time to the business.

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