Sub Franchise For Sale in Worcester, Massachusetts MA. Sales Growing-Newly Remodeled & Long Lease
Worcester, Massachusetts
Type: Established business
Category: Retail - Restaurants
Category: Retail - Other Eating & Drinking
Ad ID: 491584
Financials
Asking Price: $160,000
Gross: $265,000
Not included in the Asking Price:
Inventory: $2,000 (approximate)
Franchise Fee: $5,000 (maximum)
Included in the Asking Price:
Furniture, Fixtures & Equipment: $80,000 (estimated)
Summary Description
Sub Shop Franchise for sale in Worcester, MA...part of the nation's # 1 Franchise Sub Chain. Store was opened in
2001 and was upgraded & remodeled to latest Franchise decor in the Summer of 2009. Sales are increasing...12%
sales increase in 2008, 16% sales increase in 2009, and an additional 7% increase thus far in 2010. April 2010
sales averaged $5,889/wk. Store resides in a large residential community and is located at the intersection of two
major roadways, which provide for excellent visibility and access. Food Cost for this business has averaged 28.54%
of sales over the last 10 months. Franchise royalties and advertising total 12.5% of sales. The store is absentee
owned by a seller who does not work at the location whatsoever. A new Owner/Operator or stronger manager
presence would be of great benefit at this business. This is an excellent opportunity to join the nation's number 1
sub and sandwich franchise and become self employed in 2010 and beyond. Interested in learning more? Download
the Buyer Confidentiality form below and complete & return to us. Upon return receipt, you will be provided specific
data for this opportunity.
General Information
Year Established: 2001
Employees: 6-8 including manager.
Facilities: Size of the store is approx. 1,500 square feet. Also attached to premises, and included in lease, is 700
Square foot approx. storage/office space. Monthly rent is $1,827 per month plus CAM and taxes. Location has long
lease with options that currently extend through 2025 w/ typical 3% annual increases.
Market Outlook
Competition: Very stable marketplace. Area has typical retail establishments.
Growth and Expansion: Owner operator presence could provide for increased sales and profitability over current
absentee owner arrangement.
About the Sale
Financing: Financing available to qualified parties.
Support/Training: Franchisor provides 2 weeks of training at its company headquarters. Local representative for
Franchisor also provides on-site training and assistance.
Reason Selling: Owner has developed career interests outside of the food industry that prevent them from devoting
time or attention to the business as planned.
Contact Information
Lane M. Cremeans
Atlantic Business Brokerage, Inc.
Phone: 443-799-4835
Email Reply For This Business: Reply to this ad
Request More Info: Download Confidentiality Form
Worcester, Massachusetts
Type: Established business
Category: Retail - Restaurants
Category: Retail - Other Eating & Drinking
Ad ID: 491584
Financials
Asking Price: $160,000
Gross: $265,000
Not included in the Asking Price:
Inventory: $2,000 (approximate)
Franchise Fee: $5,000 (maximum)
Included in the Asking Price:
Furniture, Fixtures & Equipment: $80,000 (estimated)
Summary Description
Sub Shop Franchise for sale in Worcester, MA...part of the nation's # 1 Franchise Sub Chain. Store was opened in
2001 and was upgraded & remodeled to latest Franchise decor in the Summer of 2009. Sales are increasing...12%
sales increase in 2008, 16% sales increase in 2009, and an additional 7% increase thus far in 2010. April 2010
sales averaged $5,889/wk. Store resides in a large residential community and is located at the intersection of two
major roadways, which provide for excellent visibility and access. Food Cost for this business has averaged 28.54%
of sales over the last 10 months. Franchise royalties and advertising total 12.5% of sales. The store is absentee
owned by a seller who does not work at the location whatsoever. A new Owner/Operator or stronger manager
presence would be of great benefit at this business. This is an excellent opportunity to join the nation's number 1
sub and sandwich franchise and become self employed in 2010 and beyond. Interested in learning more? Download
the Buyer Confidentiality form below and complete & return to us. Upon return receipt, you will be provided specific
data for this opportunity.
General Information
Year Established: 2001
Employees: 6-8 including manager.
Facilities: Size of the store is approx. 1,500 square feet. Also attached to premises, and included in lease, is 700
Square foot approx. storage/office space. Monthly rent is $1,827 per month plus CAM and taxes. Location has long
lease with options that currently extend through 2025 w/ typical 3% annual increases.
Market Outlook
Competition: Very stable marketplace. Area has typical retail establishments.
Growth and Expansion: Owner operator presence could provide for increased sales and profitability over current
absentee owner arrangement.
About the Sale
Financing: Financing available to qualified parties.
Support/Training: Franchisor provides 2 weeks of training at its company headquarters. Local representative for
Franchisor also provides on-site training and assistance.
Reason Selling: Owner has developed career interests outside of the food industry that prevent them from devoting
time or attention to the business as planned.
Contact Information
Lane M. Cremeans
Atlantic Business Brokerage, Inc.
Phone: 443-799-4835
Email Reply For This Business: Reply to this ad
Request More Info: Download Confidentiality Form
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