SBA Pre-Approved on highly profitable national sandwich franchise. Loan payments estimated at approximately $5k per month (4% of revenues) for fixed 10 year loan at 9% interest. Strong demographics where business is located with excellent daytime and evening traffic counts. Located in high end retail center with professionally built out tenant improvements totaling $350,000 to construct. Revenues have increased every year since opening including during covid and net profits currently exceed $180,000 per year. Traffic counts have increased every year except 2020. Traffic only saw a 3.3% decline in 2020 over prior year. Traffic counts are up 31% since 2020. The average ticket is up 33% since 2020 per customer visit.

General Info

  • OrganizationCorporation
  • Established2016
  • Current Owner2016
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet1,200 +/-
  • ParkingVery Good
  • LicensesContact for Info
  • Open Hours7 days per week

Lease

  • RentContact For Info
  • Expiration2026
  • Yearly IncreaseContact for Info
  • OptionTwo options at 5 years each
  • DepositYes

Financials

  • Monthly Revenue$101,000
  • Monthly Cash Flow$15,000
  • Annual Revenue$1,210,000
  • Annual Cash Flow$180,000
  • PayrollContact for Info

Financing

  • Down Payment20% down
  • Note Balance80% SBA
  • Terms of NoteSBA Pre-Approved. Buyer must qualify with lender.
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location