Worlds #1 Sub Franchise - location for sale in North Carolina. LOW Rent / GROWING Sales / SOLID Profits!

Craven County, North Carolina

Type: Established business   
Category: Retail - Restaurants
Category: Retail - Other Eating & Drinking

Ad ID: 526485

Financials
Asking Price: $199,000
Gross: $320,000 +++
Not included in the Asking Price:
Inventory: $2,500 (approximate)
Franchise Fee: $5,000 (maximum)
Included in the Asking Price:
Furniture, Fixtures & Equipment:

Summary Description
Long established Sub Franchise for sale in Craven County North Carolina, NC...part of the Nation's #1 Sub
Franchise Chain. Business was purchased from original absentee owner by the current seller in late Summer of
2009...Current Owner/Seller has made great strides in improving all aspects of the business since purchase...
Sales
and Profits are up SIGNIFICANTLY
under current ownership... Sales during the most recent monthly report are
averaging $8,490/wk, and are continuing to grow - Sales recently topped $9,000 in a single week. Business also
features
VERY LOW RENT! This Business is quickly becoming quite profitable, and it won't be available for long at
this price!
...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: 1992
Employees: 7
Facilities: Business has approximately 1000 sq.ft. rental space in front face retail building...standard small strip
center location. Monthly base rent is fixed at
ONLY $1,000/month through July of 2010 (Monthly average payable to
landlord is approx $1,100 including CAM, taxes, and related landlord charges). One 3 year option then remains in
which base rent is fixed at $1090/ month through July, 2013. Additional options can be obtained thereafter.

Market Outlook
Competition: Typical retail and food establishments located in the area.
Growth and Expansion: CHANCE TO OWN 2 STORES...Seller also his other location for sale as well...2nd Store is
similarly profitable & only located approx 20 minutes away...See Ad # 491611 for more details.

About the Sale
Financing: Inquire with Broker.
Support/Training:  Franchisor provides 2 weeks of training at its company headquarters. Local representative for
Franchisor also provides on-site training and assistance after purchase.
Reason Selling: Owner is selling due to personal/family reasons and relocating out of state.

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