Canada's business for sale marketplace

search to buy a business for sale, or new and resale
franchise, browse our canadian business brokers directory.

Multi Location Sandwich Franchise for Sale

(ID# 1081) (Seller Ref# 00384)

Financials

Asking Price: $342,000
Sales Revenue: Undisclosed
Net Profit: Undisclosed

Business Summary

This established multi-national sandwich franchise business, with 2 locations, has grown revenues by 4.6% in 2009 and 6.3% in 2008 and has again been rated as the Number One Franchise opportunity in 2010 and also the #1 overall provider of “Healthy Options” and "Best Service" in its class. Contributing to the chain's success is its simiple concept and operations that are enjoyed by the highly entrepreneurial franchise network. This opportunity is ideal for an individual either currently living in the area or looking to re-locate and someone who looking for an opportunity to focus their entreprenurial talents and energies to become an owner/operator who is deeply involved with the day to day of these local communities. By doing so, the new owner can improve both revenues and profits by building strong community busienss and personal relationships and will have tighter control of the core operational components (employee and food costs). This is an excellent stepping stone that can be the foundation to achieving a wide variety of goals. Location 1 generated revenues of $335k, growing 7.4% over 2008, with 2008 revenues of $312k having grown 6.8% over 2007. Location 2 generated revenues of $303K, growing 1.7% over 2008, with 2008 revenues of $298k having grown 5.7% over 2007. Seller's Discretionary Earnings = $114k. An analysis has been been prepared to consider an owner/operator would be working an average of 40 hours/week in the busienss, which is standard practice for this business. The current owner is only working approximately 8 hours per week, on the busienss, given the requirements of other locations and businesses.

General Information

Year Established: 14 and 7
Franchise Opportunity: Yes

Property/Location

Real Estate: Lease
Lease Terms: 2 leased locations Location 1 - approximat

Other Information

Training Support: Yes, as required.
Market Outlook: Growth, year over year
Reason Selling: Other Businesses
Website: http://www.gemmabusinessbrokers.com/index.php/sale

Contact Seller

Your Name:*
Your Email Address:*
Telephone
Message Text:*
1 plus 17?*   Spam prevention question.
Popular searches [+]