Long Established Sub Franchise for Sale in PA!...$7,000 + Weekly Sales. Absentee Owned w/ Long Lease.
Schuylkill County, Pennsylvania, PA
Type: Established business
Category: Retail - Restaurants
Category: Retail - Other Eating & Drinking
Ad ID: 651304
Financials
Asking Price: $260,000
Gross Income: $377,000
Not included in the Asking Price:
Inventory: $4,000 (approximate)
Franchise Fee: $7,500 (maximum)
Included in the Asking Price:
Furniture, Fixtures & Equipment: $75,000 (estimated)
Summary Description
Long established and popular Sub Franchise for Sale in Schuylkill County, PA...part of the nation's largest Sub and
Sandwich Franchise Chain. Business was established 17 years ago by the current owner...business has had the
same ownership since inception. Store is completely absentee owned and is operated by a manager and full staff of
employees. Sales have increased 10% in 2010 and are currently averaging $7,254 per week. Business was outfitted
with new equipment during the most recent remodel in 2007...no further remodels are needed until September, 2014
at the earliest. A long lease is in place through 2026 and includes CAM charges. SELLER ALSO OWNS ANOTHER
NEARBY BUSINESS WITH THIS SAME FRANCHISE WHICH IS ALSO FOR SALE...Businesses can be purchased
together or separately! - see Ad ID # 651303 for details...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: 1994
Employees: 7-9
Facilities: Approximately 1,248 square foot premises located in retail shopping plaza. Total rent is currently $1,976
per month (including CAM charges). The current lease term expires in 2014...thereafter, there are 3 consecutive 3
year option periods remaining through 2026.
Market Outlook
Competition: Typical competition in the area.
Growth and Expansion: Business sales have increased significantly in 2011 and would further benefit from a
hands on owner/operator, or an owner who would simply devote more time to the business than at present.
About the Sale
Financing: Possible...Contact Broker for details.
Support/Training: Franchisor provides 2 weeks of training at its company headquarters as well as additional
pre-training. Local representative for Franchisor also provides on-site training and assistance.
Reason Selling: Owner desires to retire after many years as a business owner in the area.
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
Schuylkill County, Pennsylvania, PA
Type: Established business
Category: Retail - Restaurants
Category: Retail - Other Eating & Drinking
Ad ID: 651304
Financials
Asking Price: $260,000
Gross Income: $377,000
Not included in the Asking Price:
Inventory: $4,000 (approximate)
Franchise Fee: $7,500 (maximum)
Included in the Asking Price:
Furniture, Fixtures & Equipment: $75,000 (estimated)
Summary Description
Long established and popular Sub Franchise for Sale in Schuylkill County, PA...part of the nation's largest Sub and
Sandwich Franchise Chain. Business was established 17 years ago by the current owner...business has had the
same ownership since inception. Store is completely absentee owned and is operated by a manager and full staff of
employees. Sales have increased 10% in 2010 and are currently averaging $7,254 per week. Business was outfitted
with new equipment during the most recent remodel in 2007...no further remodels are needed until September, 2014
at the earliest. A long lease is in place through 2026 and includes CAM charges. SELLER ALSO OWNS ANOTHER
NEARBY BUSINESS WITH THIS SAME FRANCHISE WHICH IS ALSO FOR SALE...Businesses can be purchased
together or separately! - see Ad ID # 651303 for details...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: 1994
Employees: 7-9
Facilities: Approximately 1,248 square foot premises located in retail shopping plaza. Total rent is currently $1,976
per month (including CAM charges). The current lease term expires in 2014...thereafter, there are 3 consecutive 3
year option periods remaining through 2026.
Market Outlook
Competition: Typical competition in the area.
Growth and Expansion: Business sales have increased significantly in 2011 and would further benefit from a
hands on owner/operator, or an owner who would simply devote more time to the business than at present.
About the Sale
Financing: Possible...Contact Broker for details.
Support/Training: Franchisor provides 2 weeks of training at its company headquarters as well as additional
pre-training. Local representative for Franchisor also provides on-site training and assistance.
Reason Selling: Owner desires to retire after many years as a business owner in the area.
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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