Gourmet Sandwich Shop Chain

  • Listing# : 11814
  • Listed Price : $795,000
  • Total Sales : $1,720,000
  • SIC :
  • Down Payment : $795,000
  • Status : Expired
  • Discretionary Earnings : $241,000

Business Type :

Restaurants / Sandwich Shop, Restaurants / Fast Food Franchise

Business Description :

The business consists of 2 operating shops, a food truck, an equipment package to open a third shop, $150k in deposits that will be turned over to a buyer and the opportunity to open additional shops in Massachusetts. Award winning gourmet sandwich shops. This is a franchise with 100 stores and the opportunity to develop many more shops in Massachusetts. Their Foxboro location does about $1Million in revenues. The food is many steps above other sandwich shop operations and their decor is without equal in the category. Combined food and labor costs are under 60% of revenues. The Franchisor is motivated to work with a Buyer in the development of additional shops in Massachusetts. The Buyer does need to be financially qualified to open additional shops. The cash flow for 2016 is expected to be about $240k.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $325,000
    • Incl : Yes
    • Other: $150,000
    • Incl : Yes
    • Leasehold $200,000
    • Incl : Yes
    • Total Assets $675,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants