Sub Franchise for Sale in Burlington Vermont - owner Earns over $100,0

Queen City, VT
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Asking Price:$279,000
Gross Revenue:$362,378
Established Year:2017
Cash Flow:$113,202
Rent:$2,646/Month
BUSINESS DESCRIPTION

Here's a Franchise for sale that is on fast track to success with manageable annual sales of $360,000 that are sending the current owner home with annual earnings of OVER $115,000. Located in Wonderful Burlington Vermont. SBA lending no problem on a money-maker like this one! Great books and Records, Amazing Food/Reviews, and a Low Monthly Rent make this profitable sub franchise a must see. This Franchise for sale could not be in a better area. Chittenden County is the most populous county in the U.S. state of Vermont. The county seat is Vermont's most populous municipality, the city of Burlington. Not only is it Home to the University of Vermont, Chittenden County is one of the best places to live in Vermont. Most residents own their homes and there are a lot of bars, restaurants, coffee shops, and parks...the perfect surroundings for a popular Sub Franchise to thrive. The store is located in a commercial strip mall which is directly across the street from a popular shopping destination in a very high commercial traffic area with high car counts. The store location has ample parking, easy accessibility and plenty of foot traffic. It is located very close to UVM and St Michaels college which promotes easy accessibility by the younger populace and plenty of upside opportunity to grow profitable catering revenue. The Restaurant Brokers at We Sell Restaurants love this Franchise raking in six figure earnings. This Franchise for Sale will qualify for SBA lending and you will be approved in no time at all! When you bring as little as 20% percent to the table, the rest will be financed over the span of 10 years. Your restaurant brokers at we sell restaurants can help you with our network of perferred SBA lenders Why purchase a Franchise for Sale? There is more than one answer to that question! How about because someone else has already gone through the leg work of getting approved for permits and the expense of the build-out? What about that fact that the business has been open and operating more than five years meaning it has loyal customers who bring in a steady stream of income! This 1100 square foot Franchises for Sale is in a prime location in South Burlington VT. The lease on this Franchises for sale is under $2700 per month which includes CAMS. The lease is valid until August 2027 with additional 2-year options to renew.. Don't worry about joining a brand that you aren't experienced with! When you purchase this Franchises for Sale, you will be getting all the training and continued support that comes with this brand! This includes owner and franchise training. The franchise transfer fee is a reasonable $5000 and Royalties are only 6% of net sales. Are you ready to join this winning brand by purchasing this Franchise for Sale? Contact the restaurant brokers today! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Queen City, VT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,129
Lease Expiration
31/08/2027
Employees
2
Facilities
Dining area Two dining tables that seat four plus eight chairs One dining table that seats three plus three chairs two spare chairs Bar top that seats 4 plus four chairs Toast POS system with printer and kiosk and kitchen printer True Beer Cooler True stand up freezer True refrigerator Three chest freezers Blodgett convection oven and exhaust fan Autofry fryer Food slicer SS Prep table 3 medium ss kitchen tables Potato slicer Various kitchen racks utensils and bins knives etc Multiple wash and hand wash sinks 2 large True sandwich boards 1 small True sandwich board Manitowoc ice machine Security system and cameras branding logos and signage Hot water tank
Competition
The Vermont location has one of, if not the best, financial performance related to prime costs with food and and labor as well overall EBITDA
Growth & Expansion
Brand identification, high social media rankings, fix in with local cultural vibe
Support & Training
Negotiable
Reason for Selling
New Career
Franchise
This business is an established franchise
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Steve
Weinbaum
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Steve Weinbaum