Description of the business for sale
Excellent opportunity to acquire an owner operated unit of the nation’s #1 Franchised Sandwich Shop, located on Main Street in Wailuku, the commercial and governmental heart of Maui. This well established store, frequented by locals as well as visitors, provides a well known, consistent product at a reasonable price when compared to the resort and vaction oriented alternatives. As is the case with most other franchise units of this company, this is a cash purchase, with the Seller receiving the full purchase price at closing. Small Business Administration (SBA) Bank financing is readily available for a qualified Buyer who has a minimum of $125,000 in available equity and has completed the two-week Franchiser Training program ($5,000 cost inclusive of Franchisee Transfer Fee, to be paid by buyer). This is an excellent opportunity to own and manage a profitable store located on the island repeatedly voted “Best Island in the Word” by the readers of Conde Nast Traveler.
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Support / Training provided by seller
Seller will provide (2) weeks training at (30) hours per week following the close of Escrow
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Description of the facilities
The restaurant is located on the main floor of a 2 story commercial building on Main Street in Wailuku (Maui), Hawaii. There are approximately 10,000 people working within the Wailuku commercial core, which also contains the main offices for the County, State and Federal governments as well as the Maui Memorial Medical Center, the second largest state operated facility in Hawaii. The store fronts the arterial road that runs from the airport (located in Kahului) into Wailuku. Gross monthly rent is $2,630, and the current lease expires on March 31, 2010. The lease has one five year option.
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