| Asking Price |
$74,900 | Inventory |
$2500* |
|---|---|---|---|
| Gross Income |
$194,400 | Real Estate |
|
| Cash Flow |
$42,000 | Year Established | 1999 |
| FF&E |
$200,000+ original cost* | Employees | 2 f.t.,1 p.t. |
* included in the asking price
** not included in the asking price
This franchised sub shop location does 75% of its business at lunch, and the rest in catering and dinner . It is well established and has many regular customers, making it a great opportunity now for the price ,and a great oppotunity for growth with new development RIGHT NEXT DOOR ! The end cap location , lots of windows, lots of seating, excellent equipment and leaseholds, and plenty of adjacent parking, means this could be your opportunity to get into the fast food business.The sellers have offered this business at this price and on these terms to sell it quickly. The Franchise transfer fee is $5000 to the buyer, and the ongoing royalties and advertising fees are 6%,and 4% respectivily. Must see to appreciate ! It does show very well.
Facilities: This end cap location with expansive windows seats 60 in 1960+ square feet . Plenty of convenient parking and walking distance for local offices make this a very popular lunch destination. SHOWS VERY WELL!
Competition: Very little immediate competition for the lunch business, and no place can match the large seating capacity for lunch in the immediate area for their popular and reasonably priced fast food offerings.
Growth/Expansion: The hours of Monday thru Friday 10-8; Saturday 10-4; and closed on Sunday could be increased. A solid core catering business could be incresed. They do very little promotion , so that could surely be increased.AND, and this is very BIG - C.J. MAHONEYS SPORTS BAR IS OPENING A NEW LOCATION NEXT DOOR the first week of AUGUST ! One of Oakland County's most popular and successful sports bars is moving NEXT DOOR-use your imagination as to what that means. PLUS-you could open in the mornings as a coffee shop. ALOT OF OPPOTUNITY EXIST FOR THIS LOCATION!!!!
Financing: W/$40,000 dn OWC balance for 60 months @7 % w/ RE collateral
Support/Training: Seller will stay 2 weeks to acquaint buyer with operation and loyal customer base.
Reason Selling: Other business interests of partners

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