Franchise Sub Shop - Sba Financing Available
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $311811
Net Profit / Cash Flow $82100
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Seller owns real estate business; can't handle both.
Description Popular franchise sub shop, superbly located near major Houston area employer. Lunch is busiest time (70% of business). Entrepreneur magazine rated this franchise as #2 best overall franchise in 1/2006 with over 4000 franchises nationwide. Because of location, they are able to charge a little more than other franchise owners for menu items. Huge growth potential with 29 acre shopping center going in directly behind this location and no delivery or catering currently done. Store averages about $1200/day. Franchise royalties are 7%, advertising 4%. No transfer fee, but upgrades will need to be negotiated with corporate. Average startup for new franchise is $185K-$265K.SBA financing available. Please refer to CBB Listing #6845MB for more information on this Sub Shop franchise for sale.
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