Chicago Suburbs, Illinois
Listing Type: Franchise Resale
Category: Food & Beverage: Restaurants, Fast Food, Deli
MLS #: DP619546
| Description: |
| This is a great opportunity to own two top producing franchise sandwich shops in the Joliet area. These are both excellent locations with good visibility and heavy street traffic with minimal competition. The stores are 6 and 8 years old and both will undergo remodeling very shortly so you will not have to worry about updating. These costs will be taken care of by the current owners. One store has seating for 30 and the other has seating for 15. One store has implemented a delivery service that has proven to be very successful. There is proven potential for increased sales if this program is implemented in the second location. The owners currently do not have the manpower to take on this new project. The perfect buyer will be a partnership situation or someone who can bring in an experienced manager with them. The franchise has a fantastic menu with new items coming in on a regular basis to keep things fresh, current and interesting. With fair rent and lease terms these stores are ideally situated within a short drive from one another in highly populated communities with not only regular residential customers but there are also nearby large corporate and manufacturing areas, as well as schools and churches which are in need of catering. You won't be disappointed. Call the listing broker, Elaine Bonney / Sunbelt Business Advisors, at 847-605-1510 x236 for more information or send an e-mail to ped@sunbeltnetwork.com. |
| Pricing Information |
| Asking Price: |
$379,000 |
FF & E: |
$200,000 |
| Gross Revenue: |
$510,000 |
Lease/Rent: |
$0 |
| Cash Flow: |
$102,000 |
Inventory: |
$15,000 |
| Adjust Net Income: |
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Real Estate: |
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| Monthly Payroll: |
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| About The Business |
| Style: |
Information not available. |
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| Year Established: |
2002 |
Lease/Rent: |
$0 |
| Full Time Employees: |
5 |
Part Time Employees: |
8 |
| Size (square feet): |
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Lot Size (acres): |
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| About The Sale |
| Reason for Selling: |
| other business interests |
| Is Financing Available? |
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| Is Owner Willing To Train/Assist New Owner? |
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| Is This a Home Based Business? |
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| Is This a Distressed Business or Bankruptcy Situation? |
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