# 1 Subshop Franchise
Toledo, Ohio
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Asking Price |
$65,000
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Revenue |
$210,000 / year
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Cash Flow |
$45,000 / year
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Lease Rent |
$838 / month
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Square Feet |
1200 |
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Listing Description |
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Needs mnor upgrade to Tuscany 2, costing $16,000
Incredible low, low lease cost
Best priced Subshop on the market anywhere
Owner very motivated to sell, far away for him from other business
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General Information
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Organization: |
Sole Proprietorship
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Year Established: |
2002 |
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Current Owners: |
2002 |
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# of Employees: |
1 full time 5 part time |
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Seating: |
24 |
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Square Feet: |
1200 |
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Parking: |
lot |
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License(s): |
Business, Food |
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Day & Hours Open: |
9 am - 8 pm |
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Reason For Sale: |
Far away |
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Financial Information |
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Revenue: |
$210,000 / year |
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Cash Flow: |
$45,000 / year |
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Payroll: |
$40,000 / year |
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Inventory: |
$3000 |
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FF & E: |
$30,000 |
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Lease Information |
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Lease: |
$838 / month |
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Expiration: |
2013 |
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Yearly Adjustment: |
2%
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Option: |
3 x 5 yrs |
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Security Deposit: |
1000
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Financing Information: |
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Down Payment: |
50,000 |
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All Cash: |
55,000 |
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Note Balance: |
0 |
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Rate/Term of Note: |
Contact For Info |
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To access this webpage directly, use:
http://www.restaurants-for-sale.com/newsite/rro/listingview.asp?id=14458
Disclaimer
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the seller or broker stated
in the contact section of
the listing profile. As
such, Restaurants For Sale
Online, LLC has no claim in
the sale of this business
and has not independently
verified any of such
information and assumes no
responsibility for its
accuracy or completeness.
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