Status: Active featured ID: 6616 Sub shop - Owner financing

Max. Swap Value: $350,000
Swap For Location(s):

Will swap for:

Business
Multifamily or Commercial
Residential

open to all offers. I prefer residential real estate but will consider other offers. I will consider trading up or provide owner financing if the trade is of less value.

Swap Type:

I can add other assets
I own free and clear
I will offer owner financing
downsizing
swap even
upsizing

Trade Description: Established sandwich currently operating as a franchise. Established 6+ years with loyal customer base. Great potential for growth. Monthly fixed expenses less than $5000 per month . Your monthly expenses may vary depending on what you charge to the business, ie cell phones, car, etc. Average monthy gross for 07 and 08 approximately $30000. Out of that you pay for food and labor, roughly 50 to 60% depending on how well you run the business. This leaves a good profit.
The business comes with all the equipment you need, a trained staff (I recommend keeping them), food inventory and accounts in place. The accounts include everything you need to run the business. You are not obligated to use these vendors and can choose your own. I will be available to train a new ownern if necessary. You will have the additional expenses of advertising, your own menus and signage.
This business is located in a well populated, growing area. There is great potential for expanding the business.
I am selling because I do not like working under the restraints of a franchise and have a non compete clause in my contract.