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Businesses For Sale > Business For Sale in fairfax County, Virginia (VA)

costs $400k, asking $250k, profitable, name brand franchise for sale in fairfax County, VA

fairfax County, Virginia (VA)

Asking Price: Gross: Cash Flow:
$ 250,000 $ 504,000 $ 100,000

Furniture and Fixtures Value:
$ 250,000 (included in the asking price)

Inventory Value:
$ 3,000 (not included in the asking price)

Business Summary:
Established since 25 years ago, this franchised pizza/subs is one of the higher-volume stores of this franchise and a well-run operation. It is located on a major road with huge traffic count. Center is busy with ample parking. It is priced to sell at $250,000 – about 50% of the more than $450,000 it would normally cost to start a new franchise of this kind! This location is close to a couple of high schools and many businesses, and residential pockets. www.litchfieldgroup.net Franchise is well known. It offers pizza and a variety of subs. Catering menus are available. Unlike other brands of sub franchises without pizza, the menu is also suitable for dinnertime as well as lunchtime. Sandwich chains serve sandwiches, which are primarily a lunchtime product. Pizza chains serve pizza, primarily a dinnertime product. The dual product line of both Subs and Pizza meet customer needs for both lunch and dinner, thereby maximizing the sales potential of each franchise location. An optional breakfast program is also available for suitable locations. The advantages of owning a franchised sub/pizza business: · Cheesesteaks o 100% Grade A USDA Choice beef that is sliced and seasoned to current exacting and proprietary specifications. · Highest Quality Food o Commitment to quality is the fundamental strength of this brand name. · Manageability o Although all products are made to order, the franchisor has developed a food production system that is capable of handling the demands of peak hours during lunch and dinner. · Superior support services o Franchise system provides pre-opening training and on-going training to franchisees. · Award-winning advertising designed by corporate. o There is an advertising and marketing department, which produces top-notch advertising materials to generate more business. Current royalty is 6% and advertising is 3% of sales, which is below industry average as compared to other franchise concepts that charges well over 10% for these two categories. This is an extraordinary opportunity for the right buyer.

 

   
Year Business was Established: 1985
   
Facilities / Terms of Lease: This business occupies approximately 1,885 square feet. A long-term lease is in place at $6,500 per month (inclusive of CAM and RE taxes). Newly renovated.  
   
Potential Growth/Expansion: ADVERTISING AND PROMOTION This particular franchise system does a lot of promotions and radio advertising. The products themselves are the best advertising needed. In addition, corporate headquarter conducts research of new products, advertising materials, appealing signs and storefronts to help its franchisees to achieve and maintain successful, profitable operations. The new owner can also choose to advertise and promote this location through additional channels, such as local schools and charitable organizations, which is not being done currently. OPPORTUNITIES FOR FUTURE GROWTH The weekly volume for this business is approximately $10,000. Delivery has recently been implemented, but has not been heavily marketed. Some of the other franchisees are bringing in nearly additional $5,000 per week ($20,000 monthly) in just delivery income alone. Franchise system offers franchise and licensing programs for single and multiple units. Area Development opportunities are also available to qualified individuals.  
   
Competition: There is not another franchise of this kind located in the immediate area.  
   
Owner willing to finance: Seller will consider some owner financing for qualified buyers.  
   
Owner willing to train: Franchise headquarter will provide comprehensive training prior to closing as well as on-going training.  
   
Reason for selling: Seller owns multiple businesses.  
   
Seller Reference Number: B-130
BusinessMart.com Listing Number: 95533
 

 

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For more info contact:

Robert H. Marik

The Litchfield Group
703-276-0136

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