Submarine Franchise For Sale
Location Alberta,Canada
Asking Price Range $250K - $500K
Gross Revenues $425000
Net Profit / Cash Flow $147000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Franchisor will train.
Reason for Sale Retiring.
Description Over all, this is the best business choice for you! Here's why: This sub franchise has a great operation in a large city in Alberta. It is the only store in town, thus there is minimal competition. The owner has great staff in place that plan on keeping their positions once the store turns over. The owner always receives compliments on her location. It is viewed very well by the community. Sales are currently trending over $400,000 a year. Therefore, with marketing sales could easily reach $500,000 which could net the new owner $147,192 annually. The lease is great with absolutely superb rent rates. Rent is currently at $16,848 base rent annually with CAC of approximately $9,960 annually. This is the cheapest rent we have seen, allowing for more cash flow to the bottom line, the owner. The owners are motivated to sell and will look at offers! Contact Mark Hansen now at (403) 342-2642! Asking Price: $299,900.
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