Firehouse Subs: Multi-unit opportunity — $158K+ EBITDA & Rising!
Ad ID : 1799882
Deli and Sandwich Shops / Other Food and Restaurants
- Asking Price:$419,000
- Annual Gross Revenue:$1,402,959
- Annual EBITDA/Cash Flow:$157,830
Consolidated EBITDA is up 18.5% YTD 2020! One of the top-performing FHS franchise locations in the region is the flagship store of this 2-unit purchase opportunity! These are established Firehouse Subs locations with strong sales and consistent performance for over 7 years. The sale will consist of 2 open/operational stores ripe for more growth with a new owner that are being offered at a time when financing is both available and appealing for a qualified buyer of these proven franchise locations.
This sale is not typical. These two Firehouse Subs locations are highly successful and operating above National Average Unit Volumes for one of the fastest-growing and Industry Leading Fast-Casual franchise systems in the country. These restaurants have a loyal customer base and tremendous ongoing growth potential in the communities they serve. The stores are well maintained, and the owner has kept accurate books and records. SBA approved franchise – financing is available with as little as 10%-15% needed.
Both locations are completely self-sufficient, with a General Manager and full team in place. The current owner is absentee and the seasoned and well-trained teams will allow for an easy transition of ownership.
Founded in 1994 by two firefighter brothers, Chris and Robin Sorensen, the Florida-based brand has added more than 350 locations since 2015. Firehouse Subs earned a spot on Forbes’ ranking of Best & Worst Franchises To Buy. Firehouse Subs now has 1,100-plus locations in 45 states.
Firehouse Subs serves premium meats and cheeses steamed and piled high on a toasted sub roll, served with fresh produce and condiments. Firehouse Subs received Technomic’s Chain Restaurant Consumers’ Choice Award as No. 1 Overall Brand and was recognized as No. 1 among the Top 10 Most Craveable Sandwich Chain Sandwiches by Technomic for its signature Hook & Ladder Sub®. In addition to its signature subs, the restaurant offers a variety of catering options from sandwiches and dessert platters to salads and snacks to fuel any occasion.
Firehouse Subs is a brand built on decades of fire and police service, hot subs, steamed and piled high with the highest quality meats and cheeses and its commitment to saving lives through the establishment of the non-profit Firehouse Subs Public Safety Foundation® which has granted over $35 Million to hometown heroes in 47 states. The industry-leading brand is built upon a family of franchise operators who share a passion for generously serving food and community!
Interested in additional Information?
1) Download or open the Confidentiality Form located in the Attached Documents section below.
2) Complete the Confidentiality Form and return it to us via the email address listed at the bottom of the Confidentiality Form.
3) Upon our receipt of your completed Confidentiality Form, we will contact you and provide you specific data for this business opportunity.
You may also download the Confidentiality Form from our website at www.AtlanticBusinessBrokerage.com, where you can also view similar businesses for sale in your area.
Included In Asking Price: Furniture, Fixtures, Equipment.
Not Included In Asking Price: Inventory: $10,000
Year Established: 2013
Facilities: These stores serve customers from multiple medical centers and hospitals along with substantial Military facilities, universities, businesses, and residential communities. They are in high-traffic centers with excellent visibility and access, plus strong co-tenancy and draw from the surrounding areas. There are appealing leases in place at each store, all with multiple renewal options. The teams have many long-term members, high morale, and take great pride in providing a top-notch customer experience.
Growth and Expansion: The stores have been successful with almost no store-level marketing. Opportunities for the new owner to further grow sales: 1) Huge delivery/catering business has been built with ongoing growth potential! 2) Each store has tremendous upside potential with growing 3rd party delivery and catering partnerships. 3) Community Involvement - Structured Fundraising nights & partnerships with schools, sports teams, and other organizations, etc. would be very impactful and further increase brand awareness and sales!
About the Sale
Support and Training: Comprehensive training provided by the Franchisor, ensuring you are ready to own and operate these already successful Firehouse Subs franchises.
Reason for Sale: Seller is retiring.
Attached Documents:Confidentiality Form
Name: Jeff Percey
Phone: (Direct) 804-357-3243
Email: [email protected]