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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Fairfax, VA 11350 Random Hills Road Suite 800 Fairfax, VA 22030 (301) 951-0051 www.vrbeltway.com connie@vrbeltway.com |
VR Business Brokers - Milford, CT 99 Cherry Street Milford, CT 06460-3455 (203) 878-0554 venture.prtnrs@snet.net |
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Business Listing Details |
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LISTING#: |
B0100: Fast Foods-Primarily Take-Out Sandwich Franchise |
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LOCATION: Southern Connecticut |
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ASKING PRICE $90,000 |
AMOUNT DOWN $90,000 |
REVENUES: $400,000 |
DISCRETIONARY EARNINGS $73,000 |
TOTAL ASSETS $76,000 |
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| Business is a national sandwich franchise in a major mall. Annual sales run in the $400,000 range within a daily time frame of 8 AM to 9 PM. Owner income after payroll approximates $70,000 per year. Rent is $6,300 per month including common charges. The mall location is a primary regional mall with national retailers. The food court is a popular eating spot for shoppers with a range of restaurant alternatives for the customer. This franchise offers a quality menu for many years, the last ten years under the current owner. Royalty on sales is 6% plus an additional 4% for advertising. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |