Asking Price: $195,000
Gross Revenue: $225,000
Lease Rate: $950 / Month
$950 rent only! 50+ year brand recognition Sub Sandwich Franchise!
Franchise has been ranked among top 5 franchises for a long period. Turnkey nationally known Sub Franchise for sale near Charlotte and only 30 minutes drive from Concord, North Carolina. Excellent opportunity for an owner-operator or absentee-owner looking for a profitable franchise resale versus building out a new unit and starting from scratch with higher investment for build out, equipment, site selection expenses, etc. Outstanding and convenient location in an established shopping center, high sales, low competition, low rent of $950/month only (no common area maintenance charges), and low operational costs. Safe neighborhood. Owner has replaced old light fixtures and converted to LEDs for energy savings.
New owner will need to be approved by the franchise company and will be required to successfully complete mandatory training. The sale price does not include the franchise transfer fee.
For more details or to list your own franchise or restaurant for sale, contact Madhur Gupta at 919 428 9840.
***The information in this listing has been provided by the business seller or the leasing company, and is subject to change without notice. Buyer must independently verify any of the information about the business, and we assume no responsibility for its accuracy or completeness.***
- Real Estate: Leased
- Building SF: 900
- Lease Expiration: N/A
- Competition: Amazingly low rent of $950 per month that is unlikely to increase for several years. Low competition with no other similar franchise restaurant within 10-15 miles. Conveniently located in a shopping center with high foot traffic.
- Growth & Expansion: Franchise company is investing heavily in marketing and merchandising on a series of “Fresh” programs with an estimated steep hike of 10-18% in sales, and 8-15% in traffic. Stable business with low competition from existing or new fast food restaurants. New owner can make more income by serving breakfast.
- Financing: Seller financing may be available to a qualified buyer
- Support & Training: World class franchisor training
- Reason for Selling: Other ventures
- Franchise: This business is an established franchise