MergerPlace

NW IA Sub Sandwich/Pizza Franchise

Iowa


  • Asking Price: $75,000
  • Gross Income: $305,065
  • Cash Flow: $49,546
  • Real Estate: Not Disclosed
  • Inventory: $6,500
  • FF&E: $75,000
  • Listing ID: #214660
  • Established: 2011
  • Employees:

Business Description

This business was opened in 2011. This business has had only one owner. This business is located in a community that has roughly 15,000 vehicles passing through per day. This location is in close proximity to the local schools and the downtown community as well as a neighboring community of larger population and shopping/entertainment. This business is well established and updated to the latest franchisor's required specifications. This business is an excellent fit for an individual owner-operator, husband/wife team and/or a new partnership with one partner running the operations. As an added benefit for the entrepreneurial spirit, more locations will come available over the next one to three years should the right individual have aspirations to become a multi-unit operator.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Iowa

Company Information

Year Established: 2011
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $75,000
Gross Revenue: $305,065
Cash Flow: $49,546
FF&E: $75,000
Inventory: $6,500
Seller Financing Available: No

Property Information

Facilities:

The location is excellent. The square footage, seating and back of the house are more than adequate for current and future business demands.

Growth & expansion opportunities:

This location has great potential for growth. Sales have been higher in the past. A new operator would be heavily rewarded by committing to be community focused and getting involved with local service clubs, booster clubs, church groups, etc. The sales increases will come and can be maintained long-term.

Competition:

The competition can be considered mature. With that said, this concept offers a service style that others just cannot compete with, in this community.

Reason for selling:

The seller would like to sell this business due to its locations being outside of a workable "home base" area. The seller would like to sell this location and reinvest in a different location, same concept, closer to home.

Support & Training:

Will train for 2 weeks @ no cost. A new owner would simply submit an application for a local/state foodservice license and acquire a "Serve-Safe" certification. As long as you are coachable and trainable all other skills can and will be taught by the franchisor and current seller.

Contact Business Seller

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Business Listed By:

Bryan Mulder

Murphy Business Brokers