Firehouse Subs – Proven location w/ $89K+ EBITDA and GROWING!
Colonial Heights City County, Virginia, VA
Ad ID : 1573704
Deli and Sandwich Shops / Other Food and Restaurants
- Asking Price:$265,000
- Annual Gross Revenue:$673,366
- Annual EBITDA/Cash Flow:$89,500
Rare opportunity to acquire an Industry Leading Fast-Casual Sandwich Franchise. This is an established Firehouse Subs location with strong sales and consistent performance for over 4 years. This PROFITABLE store is being offered for sale as EBITDA climbs at a 16.3% pace year vs. prior year! The sale will consist of 1 open/operational store.
This sale is not typical. This Firehouse Subs location operates above National Average Unit Volumes. The store benefits from both a local customer base and the Regional draw of the mall. This location takes great pride in presenting their site in the best possible light to its customers. The store is clean / well-maintained, and the team provides exceptional hospitality!
The store has an Assistant Manager and fully trained staff for operating the business with a new Owner/Operator.
Founded in 1994 by two firefighter brothers, Chris and Robin Sorensen, the Florida-based brand has added more than 350 locations since 2015. This year Firehouse Subs earned a top spot on Forbes’ 2018 ranking of Best 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. In 2017, 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 sandwich and dessert platters to salads and snacks to fuel any occasion.
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 fax number or email address listed on 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.
Included In Asking Price: Furniture, Fixtures, Equipment.
Not Included In Asking Price: Inventory: $5,000
Year Established: 2014
Facilities: This Firehouse Subs is part of a Regional Mall, in-line with Dick’s Sporting Goods and backs up to the Regal Cinema 16 that serves this market. It is easily accessible from I-95, within minutes of a large Military base and has excellent visibility. The location is in a rapidly growing market, with easily affordable rent!
Growth and Expansion: This store has been very successful with virtually no store-level marketing. --Community Involvement - Fundraising nights & partnerships with school organizations, etc. would be very impactful. --Huge growth potential to expand catering business in-house and through EZCater! --Firehouse Subs launched 3rd-party delivery partnership with Uber Eats in September. This will be all upside growth for this store when delivery is rolled out!
About the Sale
Support and Training: New Franchisee will also receive up to 8 weeks of training from the Seller and Franchisor.
Reason for Sale: Seller is retiring.
Attached Documents:Confidentiality Form
Name: Jeff Percey
Phone: (Mobile) 804-357-3243 / (Office) 410-561-9800 / (Toll Free) 800-279-7569