Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Prime Location Franchise Sandwich Shop
(Restaurants)
Dallas, Texas
Listed Price: $ 169,000
Listing ID: 000990

Listing DetailsDown Payment: $ 33,800
Gross Revenue: $ 265,771
Cash Flow: $ 82,839
FFE: $ 100,000 (Included in Price)
Inventory: $ 4,000 (Included in Price)
Reason for Sale:

Other Opportunities


Training & Support:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Prime location franchise sandwich shop in central Dallas is available for acquisition. This business was established nearly two decades ago in 2003 by the previous owner and was later acquired in 2013 by the current owner. This franchise sandwich shop is located in a 1,122 SF office space of a high-rise building in the heart of central Dallas surrounded by extremely dense traffic. This business has served delicious and various menu items for almost 2 decades that can range from sandwiches, cold & hot subs, salads, soups, kid's menu, desserts, etc. Competition is expected for this type of business industry, but this business has built a strong customer base for 17 years which consists of many regular loyal customers from nearby office buildings. Overall demographics of this sandwich shop are mostly upper-class white-collar employees from nearby several high-rise buildings that occupy many corporate companies. Gross sales average for this sub shop has been in approximately $280,000/year with some marketing. Although some marketing is in place by corporate, more of store-level proactive marketing method such as tenant discount, flyers, print ADs, office promotion, etc. need to be utilized to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. Starting a 3rd party delivery service such as Grubhub or Door dash to the local area will boost the sales by reaching out to customers within untapped areas of the business. Marketing efforts on catering service to corporate offices and headquarters nearby and medical offices can also greatly improve the sales as a catering business still remain under-served. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.


Competition:

Few indirect competitors are within the immediate market area, but this business has been around for nearly two decades and is the staple for the numerous tenants from the office buildings.


Potential Growth:

Some marketing is in place, but other proactive marketing methods needs to be utilized to generate more revenue.


Financing/Terms:

100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 1122
Facilities:

This business is located in a 1,122 SF office space of a high-rise building surrounded by extremely dense traffic.


OperationYear Established: 2003
Employees: 2FT/1PT
Absentee Owner: No