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National Sandwhich Franchise
Location Hawaii,United States
Asking Price Range $250K - $500K
Gross Revenues $352161
Net Profit / Cash Flow $72307
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 6 - 9
Inventory 2000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Fantastic opportunity to acquire an owner operated unit of the nations #1 Franchised Sandwich & Sub Shop, located in central Kihei, the heart of South Maui, the fast growing resort area on the island. This is an excellent opportunity to acquire an owner operated unit of the nations #1 Franchised Sandwich Shop located in Kihei, the fastest growing area on the island of Maui, This location has excellent passing pedestrian and vehicle traffic and plenty of free parking. The restaurant has a traditional set up with a service counter and inside booth seating. The Store is located adjacent to a 4 theater cinema complex in a busy mini-mall in the center of Kihei, facing the ocean iand is on the main road through town. This well established store, frequented by locals as well as visitors, provides a well known, consistent product at a price that is fairly inexpensive when compared to the area alternatives, almost all of which are tourist and resort oriented. Because of the overall higher costs of operating a business in Hawaii, the store is able to take advantage of better than average pricing power and charges a higher per sandwich price than found in mainland franchises. As is the case with most other franchise units of this company, this is a cash purchase with the Seller receiving the full purchase price at closing. Small Business Administration (SBA) Bank financing is readily available for a qualified Buyer who has a minimum of $125,000 in available equity. SBA financing would also be contingent upon the buyer completing the two-week Franchiser Training program ($5,000 cost inclusive of Franchisee Transfer Fee to be paid by the buyer). This is an excellent opportunity for either a new or an experience food and beverage person to own and manage a profitable store located on the island repeatedly voted Best Island in the World by the readers of Conde Nast Traverler. Gross sales for 2004 totaled $352,000.
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