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#4902
Reno Restaurants For Sale

#1 Sub Sandwich Franchise Reno, Nevada Area

$170,000
 #1 Sub Sandwich Franchise  Reno, Nevada Area
This Listing is Expired

To Visit This Restaurant Please Select the Golden Button to the Left "Get Name/Address."​

#1 Sub Sandwich Franchise for Owner/Operator… Easy to run !

Reno, Nevada Area!

Close to Downtown off Major. Other Major Brand Fast Food Franchises nearby.

Currently primarily manager operated and seller believes an owner operator could improve sales and profits with a hands on approach.

GREAT VISABILITY AND NICE CORNER LOCATION !

FF&E: Consistent with franchise guidelines. Walk in cooler as well.

Lease:  Rent at $3,372… All In for 1,090 sqf.!

2015 Sales: $267,463

Reason for sale: Owner selling this store to focus on one store hands on strategy.

Buyer will need to be prequalified and show financial strength as franchise will have to approve the buyer once an offer is accepted by seller. There are franchise transfer fees and training expenses as buyer will need to complete the franchise training. Buyer needs to qualify after offer is made and accepted.

Because this being one of the major worldwide franchisees it will hold value of your investment over the years if you follow the franchise model and gown and maintain a good operation.

To get more information on this listing you can go to the "Sign NDA" tab and agree to the terms of confidentiality as this is a VERY PRIVATE Listing. You will need to submit a "Buyers Profile" that Agent will forward to you once NDA is completed as Buyers will need to be Pre Qualified. Once completed Agent will give you name, address.

Please visit our website at SellingRestaurants.com to get more information!

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Reno Restaurants For Sale
Lease Term:
Expires 2/27/2019 + 5 year option
Total Monthly Rent:
$3,372
Security Deposit:
$1,750

Financials

Last Year's Annual Gross:
$267,463
Last Year's Owner's Cash Flow:
$16,121
Last Year's Food Cost %:
31.9
Last Year's Payroll Cost %:
20
Last Year's Rent %:
16

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
7
Hours Open:
Sunday: 9:00 AM - 9:00 PM
Monday: 7:00 AM - 9:30 PM
Tuesday: 7:00 AM - 9:30 PM
Wednesday: 7:00 AM - 9:30 PM
Thursday: 7:00 AM - 9:30 PM
Friday: 7:00 AM - 9:30 PM
Saturday: 8:00 AM - 9:30 PM
Year Established:
1996

Facilities

Indoor Seating:
25
Inside Sq. Ft.:
1,090

Highlights

  • Corner Location
  • Busy Main Street
  • #1 Franchise Sub Franchise
  • Great Opportunity for Hands on Operator

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 27,661
Households 5-mi
2010 Number Of Households 9,937
2010 Persons Per Household 2.49
Median House Value $422,400
Income Per Household $81,080
Businesses 5-mi
2009 Number Of Businesses 1,263
2012 Number Of Employees 39,224
2012 Total Annual Payroll $957,401,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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