Description of the business for sale
Excellent opportunity to acquire an owner operated unit of the nation’s #1 Franchised Sandwich Shop, located in Kihei, the fastest growing area on the island 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 available for a qualified Buyer who has a minimum of $125,000 in available equity and who has completed the two-week Franchiser Training program ($5,000 cost inclusive of Franchisee Transfer Fee to be paid by the 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 Condé 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 in a mini-mall in central Kihei with approximately 15 active businesses. Kihei and the adjacent areas of Wailea and Makena, make up the area known as “South Maui” and are the new growth areas on Maui, with the south Maui area being the fastest growing population center (in terms of percentage) in the state. The mall and store face South Kihei Road, the main thoroughfare running along the southern Maui coastline. The gross monthly rent is $3,235 and the current lease expires December 31, 2006. The lease has one three year option.
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