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Listing No: 8595008
Category: Restaurants, Cafes, Food Service SIC:
Detail: Sub Shop Price: $225,000
County: Pasco Down: $150,000
State/Prov: FL Adj Net: $133,476
Country: Sales: $306,099
Franchise Sub&Salad shop, in a large Pasco County Hospital. This is a safe, secure, money making business. It has a captive audience, hospital staff, patients, and visitors. Due to the location this franchise has a non-traditional status from the franchisor, which enables them to sell, breakfast, hamburgers, hot dogs,& other foods, a regular franchise cannot do. They have a great lease that covers all utilities. Can stay open later for another work shift.
Business Name: Franchise Sub Shop
Phone: 727-793-0090
Address:
Seller:
Listing Type: Exclusive Right of Sale Date Revised:
Listing Office is: Singel Agency Code:
Documents on File:
Equipment List: Y Lease: Y Corp Resolution: Y
Cash Flow: N Balance Sheet: N
Standard Agreement: Y Signature on File: Y
Showing Remarks: CALL AGENT
Reason for Sale: moving
General Location: Pasco County
Organization Type: Limited Corporation Hours Owner Works: 56
 
Years Established: 2007 Years Owned: 2
Emp FT: 3 EmP PT: 4 Mgrs: 1
Non Compete:
Miles: 5 Years: 5 Weeks Training: 2 Cost: 0
Operating dys/hrs: 6:30am - 8pm, 7 days
Skills/Licenses: management, franchise license & school
Business is:
Relocatable: N Home Based: N
Franchise: Y Lender P/Q: N
Data Source
P/L Statement
Tax Return
Tax Return
Year (Cash Flow)
2008
2009
Gross Revenue
285,305
306,099
Cost of Goods
107,674
105,315
Gross Profit
177,631
200,784
Expenses
121,869
142,795
Net
55,762
57,989
Owner Salary
62,400
72,930
Benefits
Interest Expense
Depreciation
Other
8,759
2,557
Owner Benefit
126,921
133,476
Accounts Receivable   Included: N
Inventory 5,000 Included :Y
F F & E 15,000 Included: Y
Leasehold Included: N
Real Estate Included: N
Total Assets 20,000 Included: Y
Lease/Month: 1229  Square Footage: 405 
Building Type: hospital Terms & Options: 5-year option
Expiration Date: 11/30/2012    
Loan/Assumable:
Amt: Mos: Rate: Mo. Pmt:
Loan/Seller:
Amt: Mos: Rate: Mo. Pmt:
Loan/Other:
Amt: Mos: Rate: Mo. Pmt:

Mike Furlong

Associate

 

Sunbelt Business Brokers

2623 McCormick Dr. Suite #104

Clearwater, FL 33759

Office:

Fax:

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Cell:

Email:

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727-793-0090

727-793-9069

727-793-0090 

727-424-9521 

info@sunbeltbb.com

www.sunbeltbb.com

 

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