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Franchise Sub Shop for Sale in Pinellas County

Reference #: 41462341
Location: Pinellas County
Price: $55,000
Amount Down: $55,000
Revenues: $365,805
Discretionary Earnings: $22,187
Total Assets: $70,000
Business Description: More than one-third of all retail sales in the US are generated from franchised businesses as part of a nationally recognized Sub franchise with over 25 years of success attracting a loyal repeat customer base. Ranked #1 for quick service, Rated Top 5 in Zagat for Top food, Top Facilities, Top Service, and Top Overall, also rated in the Top 30 in Technomics and Top 500 Restaurant chains, the brand is unique and highly sought after. Overall Franchise Owners sold 17.3 million Classic Subs last year alone. This business offers high-quality food at competitive pricing combined with a great staff who offers friendly, fast service on an ongoing basis. Ranked in the top 20% of local franchisees. The menu is constantly being updated every 3 months to stay current with food trends and customer demand. Opportunity for growth exists through expansion of catering and delivery services. The business has few accounts and the market remains wide open for catering and delivery through an aggressive marketing and advertising campaign aimed at capturing other corporate and small business clients in addition to the surrounding offices. Insurance expenses are in the process of being reduced by 50% and the current lease needs to be re-negotiated with the possibility of increasing profitability. This is a great opportunity to own a business that has considerable potential.

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.