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3407DB Sub Franchise

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$249,999 $416,455 $59,121

Inventory Value:
$8,000 (included in the asking price)

Business Summary:
This is a nationally known sub franchise located in a prime location next to Home Depot and other major department stores with lots of foot traffic and ample parking. Business is currently running absentee, a new owner could increase business by more local advertising, catering.Delivery and as a hands on operator.

 
   
   
Year Business was Established: 2003
   
Number of Employees: 4 PT/3 FT  
   
Facilities / Terms of Lease: Business is located in major strip mall with major department stores.The business is 1700 Sq.Ft with 6 years left on lease with option to renew with plenty of parking.  
   
Potential Growth/Expansion: New owner could do delivery and do corporate catering  
   
Competition: Only sub shop in strip mall  
   
Owner willing to finance: 124,999 payable over 5 years @ prime + 1  
   
Owner willing to train: Owner will stay on to train for two weeks  
   
Reason for selling: Other business interests  
 

 

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