Business Summary:
THE FRANCHISOR
This is one of the top food franchises; in business since 1981 with over 5,000 locations worldwide and growing. The company boasts an enormous advertising budget of over $90,000,000 annually along with a solid team of professionals and programs offering specific committed support to Franchisees. The Franchise has a proven business model and branded products that people want . Zagat’s 2007 Consumer Survey listed it in the top five for Top Food, Top Service and Top Overall, ahead of direct competitors. Franchise owners sold over 17.3 million subs last year!
THE FRANCHISE LOCATION
This Franchise is located in one of the highest traffic areas in the state of Idaho. The location has it all—exposure, access and high foot traffic generated from the power shopping center location. The space leases for $3,090 per month plus NNN charges.
THE STRENGTHS
The main strengths of the business are the strong Franchisor that offers exceptional support, advertising, and incentives to Store Owners. Strong brand awareness and high quality products, coupled with the strategic high traffic location, makes this opportunity a winner. The store has consistently ranked in the top five highest volume stores in the market. Finally, the store is priced well below the projected cost for a new location.
THE REASON FOR SELLING
The owner has enjoyed the experience of owning his own store but now desires to go back to his former career.
THE IDEAL BUYER
The ideal buyer would be any entrepreneurial-minded individual interested in owning a successful franchise with a proven record. The prospect is required to have a credit score of 670, a net worth of at least $125,000 and liquid capital of $70,000. The successful candidate must be approved by the Franchisor and will then attend their comprehensive award winning training program: three to four days of on-line training; two weeks of training at a “Training Store” and a final week of training at Corporate Headquarters.
THE POSSIBILITIES
The current owner has not implemented the delivery program which will be required by the Franchisor for a new owner. The delivery program is being rolled-out nationwide and should improve the store’s gross sales.
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