File Number-#0623 | Location-Oakland County, MI. | Gross Sales-$584,000 | Cash Flow-$167,124 | Business Price-$425,000 | Down Payment-$100,000 | Monthly Payment-$2,384.73 | Interest Rate/Amortization-8% int., amortized over 360 months | License Required-Sales, Food, Franchise | Inventory Value-$12,000 | Employees Full Time-3 | Employees Part Time-1 | Date Established-2004 | Hours of Operation- 7 days 11am-7pm | Rent-$3,200 Gross | Lease Period-2027 | Reason for Sale-Expanding Portfolio
This is a great opportunity to own a beautiful, high volume Franchise Sub Shop in Oakland County. Located on a highly traveled road with major tenants, this Sub Shop has plenty of residential and commercial properties in the surrounding areas. This restaurant specializes in handmade, toasted subs while also selling soups, salads, and more. Catering is available for events/occasions. All equipment is in excellent condition and maintained regularly! Current owner does no outside advertising…a new owner/operator with some creative advertising/marketing along with adding corporate catering, customer appreciation cards, adding sampling, network with the surrounding businesses and community involvement, you have HUGE potential. Great cashflow! This business has so much more growth potential based on location alone! Great business for a family or perfect for a husband/wife team. A must see/must have business that will not disappoint! Seller will entertain all reasonable offers!!
Transfer Fee: $7,500
Royalty & Advertising Fee: 5% of Net Sales
Training Period: 2 Weeks (1 week local, 1 week in Denver)