Description of the business for sale
Highly respected Franchise Sandwich shop for sale. Business is part of a 400 location franchise that continues to grow is now available for sale in the Twin Cities. The business emphasizes the highest in quality food as their mark in the sandwich category. The sellers have made significant expenses in opening the store 5 years ago with about $300k in build-out, franchise fees, and other new opening/ marketing expenses. A buyer can step
in without experiencing costly expenses when opening a new store and can recognize excellent cash flow immediately. The business has an excellent staff (including manager) in place, allowing the owner to spend less than 8 hours per week attending to the business. A new owner would add significant cash flow just by being a full time operator and restart the marketing efforts that have been neglected by the current owners. Another
opportunity exists for a new owner to become the area developer for the Twin Cities market, allowing for a possible royalty annuity for every participating store opening. Consistent cash flow of 100k over the last 3 years. With participating bank financing, a qualified buyer could secure business for as little as 30k down payment! Please call Dan Arcand at 651-402-0098 to discuss. This business for sale is presented by Sunbelt
Business Brokers - Midwest. Offices in Minnesota, Wisconsin and Illinois. We help people buy and sell businesses!
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Support / Training provided by seller
A new owner may have an opportunity to become area developer within the Franchise itself exists within the Twin Cities marketplace. Growing marketing campaigns and unlimited catering opportunities also exist.
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Description of the facilities
ADDITIONAL FINANCIAL INFORMATION:
• Inventory: $4,000.
• FF&E: $50,000.
REASONS FOR SELLING: not enough time.
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