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Business Listed by

Sunbelt Raleigh

Contact: Jim Martinez
Office Phone: 919-787-0566
Mobile Phone:
Listing ID: RALEINC001-N681

Wayne County Sub Shop - Seller Financing Possible - Average Net $80K

Financial Information

  • Asking Price: $85,000
  • Gross Revenue: $365,248
  • Cash Flow: $81,618
  • Down Payment: 0
  • FF&E (Included): $29,400
  • Inventory: $3,500
  • Financing: Yes

Business Location

  • Wayne
  • Confidential
  • North Carolina
Primary Business Category: Limited-Service Eating Places

Established franchise sub shop opened in 2000. The original owner has proudly served the local community for seventeen years . Serving local military base and medical offices with delicious. Subs, soups, salads. And desserts. Provides a wide range of beverages as well as delicious southern sweet tea , fountain and bottled drinks. Great shopping center and great landlord. Good lease numbers and landlord is great and easy to work with. Currently open 7 days a week.Very loyal and strong customer base. Great catering business and lunches provided to several area schools as well. Large community college and large hospital nearby. Large amount of medical offices within trade area. Huge convention center currently under construction just 1 mile away. Good staff and crew.Store has recently been remodeled and is take over ready. This business is ready for its next chapter and next owner to carry on the tradition. Major franchise. Fees are 7% total. 6 %royalties and 1% advertising. Very low compared to other similar concepts. Owner wants to pursue other interests and is offering this for sale. Available immediately. Motivated Seller

Competition Description

This is a well known franchise and far superior to any competition.

Growth / Expansion overview

The current owner is absentee and he has a Manager that has been there for several years.

Support / Training Comments

This is a franchise and required training is done at training center in Denver Colo. After closing the owner will spend some transition time with buyer.

Financing Comments

Owner will finance a small note to help in structuring a note.

Reason For Sale
Owner wants to pursue other business interests
  • Home Based: No
  • Year Established: 2000
  • Franchise: Yes
  • Year Acquired: 2000
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business, Health

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday-Sunday
  • Hours Open: Mon-Sat 10am to 9pm; Sun 11am to 9pm
  • Fulltime Employees: 2
  • Part time Employees: 4
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 1964 sq ft
  • Monthly Rent: $2,432
  • Lease Expires: 06/30/2021

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