businesses for sale


Blimpie Sub and Salad Shop for sale

Location: Large Metro Area, Iowa

Category: Restaurants for sale

Asking price: $149,000.00

Description of the business for sale
Present owner rescued this Franchise in late 2007. Sales had been growing thru the first year or so of operations but the shop was in decline by 2007. Over last four months of 2007 and first two months of 2008, the customer base has been re-established and the latest month showed a small profit once again. The fast growth and development surrounding this very busy Wall Mart Super Center location should provide for a hands-on owner to build sales and profits fast.

GROWTH: Owner is just starting catering to area businesses. Residential and businessdevelopment is popping up all around this store

COMPETITION: Built-in base of over 400 Wall Mart employees and over 8000 daily Wall Mart shoppers. Store located in the busiest retail/business center in the area.

ADDITIONAL FINANCIAL INFORMATION
•Inventory: $4,000
•FF&E: $75,000

REASONS FOR SELLING: Owner has Family Health Issues

Support / Training provided by seller
Owner will provide training for one 40 hour week following deal closing, in addition to training provided by the franchisor.

Description of the facilities
2500 sq.ft. in a Wall Mart Super Center. Includes walk in freezer, oven,refrigerator,display cases, slicers, toaster and all other equipment.

  • By phone: Confidential
  • Ask for: Gary D. Andersen

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Business details

Sunbelt Business Brokers of the Quad Cities
Moline, IL
Broker Co-op? no

Listing Id: 87205
Reference Id: 1360
Year established: 2004
Employees: 6

Asking Price: $149,000.00
Revenue: $199,887.00
Annual Net: $41,962.00
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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businesses for sale