SOLD – National Franchise Sandwich Shop with Growing Sales
Business Description
A well-known franchise sandwich shop located in a new and up-and-coming area of North Texas has been listed for acquisition. This franchise business is located in a 2,695 SF free-standing building adjacent to other attractive well-known franchise businesses and retailers. It is front-facing towards the main road, high visibility allows commuting pedestrians to easily see the business during all traffic hours. The free-standing business is also in the middle of a large well known super-market complex and can be seen from every angle of the complex. This location is in the heart of an upper-middle-class suburb two miles away from the local high school, two miles away from an elementary school, and two miles away from a lake. These nearby important local landmarks provide a high probability for traffic and retention of customers with a strong indication for future growth. Though there are many nearby competitors, they do not divert attention away from this franchise business. Contrary to the classic archetypes of business competitors, other nearby franchise businesses help this business gain more traffic through their own strong marketing brand power creating symbiotic growth. The customer base consists of middle to upper-class individuals, and neighborhoods in the vicinity are inhabited by families of different demographics but are largely occupied by Caucasian individuals. Drive-through services, great location, and consistent traffic all attribute to the business’ success and upward growth amidst the global pandemic. While other businesses struggled during a trying time for business owners, this location has flourished. Net sales per month during the 2020 year were about $69,000 and steadily increased in 2021 to around $75,000. With a geographic advantage and high valued services, paired with an attentive owner, this location has the potential to be a very promising investment. Owner involvement in macro-level management, marketing, and active development in advertisements are all potential ways for a potential owner to improve upon its current state.
