Hoagie Franchise Netting $127K with 10% Down

Philadelphia County, PA
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Asking Price:$330,000
Gross Revenue:$971,153
FF&E:$135,000
Cash Flow:$127,512
Inventory:$12,000
Established Year:1992
BUSINESS DESCRIPTION

This business has been pre-qualified for a loan with buyer only needing 10% down ($30,000). Buyer would get their 10% they put into the business back quickly.

This business runs very efficiently because it's a franchise, and they have great employees working there. Current owner oversees location since they own multiple locations.

Key Facts:

very well know Hoagie franchise with much success
only 10% down needed to purchase business
fully staffed
Owner is the supervisor -paying, bills, marketing, hiring, payroll, networking, helping in store when needed - working only 20 a week
store totally upgraded to the franchisors standards
great location with a ton of traffic around and businesses
they do a lot of catering orders in the franchise
Longterm staff and reliable
2 weeks training with franchisor
owner will help with transition
OWNER IS RETIRING AND HAS OWNED FOR 20 YEARS!!!
LOCATION HAS BEEN THERE FOR YEARS!! VERY SUCCESSFUL ALL THESE YEARS AND CONTINUING TO GROW!


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,224
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Lender pre-screened with $30K down.
Support & Training
Will train for 1 week @ $0 cost.
Reason for Selling
Retire.
Franchise
This business is an established franchise
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Joe
Chiarello
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Joe Chiarello