Hoagie Franchise Netting $122K With 10% Down

Business Overview:

This business has been pre-qualified for a loan with buyer only needing 10% down ($43,000). 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 sticks to the script and follows the proven tested guidelines that the franchise has laid out which led to his success. 

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 25 a week
• Great accounts with 2 hospitals & 2 colleges 
• 13 years in business at location
• store totally upgraded to the franchisors standards 
• great location with a ton of traffic around and businesses 
• This location is ranked in the top 10 out of 117 locations in the franchise
• ranked among the 10 ten in catering orders in the franchise 
• Staffing is easy since surrounded by many colleges and high schools
• 2 weeks training with franchisor
• owner will help with transition 

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Property Features and Assets:

Assets = $260,000

Market Competition and Expansion:

There are currently four different buildings being built right next to them that are going to be filled with condos and 1st floor small businesses. A huge amount of new potential customers will now only be 2 blocks away.

Directly across the street from the store next to the a dealership there will be another large condominium complex built. You not only get the workers building the building you can then target the residents.

Currently trying to direct their marketing efforts toward some of the smaller colleges in the area. 

Reason for Selling:

A business came up for sale closer to home.

Additional Details:

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