| Asking Price |
$299,000 | Inventory |
$2,500** |
|---|---|---|---|
| Gross Income |
$420,058 | Real Estate |
|
| Cash Flow |
$91,031 | Year Established | 2005 |
| FF&E |
$75,000* | Employees | 8-10 |
* included in the asking price
** not included in the asking price
Very desirable franchise location for sale in Mendocino County, California, CA...part of the Nation's #1 Sub Franchise Chain. Store was built and opened in 2005. Business is located within a very busy Wal-Mart location, which provides for a built-in and constant supply of customers. Sales at the Sub Franchise have been very strong and have INCREASED each of the last three years. Sales continue to grow in 2009... Same month Sales have now increased a remarkable 17 straight months...Franchise Sales averaged $7,110/wk in 2007, $7,823/wk in 2008, and $8,775/wk for the year to date through August, 2009. Sales over the most recent 5 week period have averaged $10,104 per week as of August 25th. As a result of the continued sales growth, Net Income/Profits are conservatively projected to exceed $117,000 for an Owner Operator during 2009. Store is currently absentee owned and operated by a manager and full staff of employees. The owner has very minimal involvement with the day-to-day operations...the sales and profits at this location are generated primarily by the employees. This a perfect opportunity to join part of the Nation's # 1 Franchise Chain, and become self-employed in 2009 and beyond...Interested in additional information?...1) Download the Additional Information File Attached Below that contains the Confidentiality Form. 2) Complete the Confidentiality Form and return it to us via fax or email. 3) Upon our receipt of the Form, you will be provided specific data for this opportunity...You may also download the Confidentiality Form from our website at HTTP://WWW.ATLANTICBUSINESSBROKERAGE.COM, where you can view similar businesses for sale in your area.
Attachments: Download additional information (PDF)
Facilities: Rent is set at FIXED rates throughout the term of lease (including the option period), and is approximately equivalent to ONLY 4.75% - 5% of sales (Includes ALL Trash Removal, CAM, and misc. landlord charges). Lease, including the option period, currently extends through 2015. Additional option years can be obtained thereafter, if desired. Business features the latest franchise design and decor - no further upgrades required until June, 2012 at the earliest.
Competition: No competition due to the nature of the location - store is located within a WalMart and is the only Franchise food business located in the facility.
Growth/Expansion: WalMart is currently remodeling and expanding it's floor space and product lines to accommodate a higher volume of customers...the Sub franchise within will undoubtedly benefit from the additional customer traffic in the future. In addition, the presence of a hands-on owner, or an owner who is simply more active than at present, should easily lead to increased volumes and profits above and beyond their current levels.
Financing: Financing Available to Qualified Parties.
Support/Training: Franchisor provides 2 weeks of training at its company headquarters. Local Franchise representative provides additional training and assistance.
Reason Selling: Owner is retiring after many successful years in the franchise food industry.

Lane Cremeans
443-799-4835
Atlantic Business Brokerage, Inc.
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