S307B - Deli Franchise Restaurant in San Anto

Deli Franchise Restaurant in San Antonio

Location

City San Antonio
State TX
County Bexar

Financial Information

Asking Price $30,000 Show Loan Calculator
Down Payment
Annual Receipts $125,000
Cash Flow not disclosed

General Information

Description Owner's distress may be your opportunity. Recently closed franchise sandwich shop is available for quick sale. Absentee owner could not find time to run the business and closed it well before it reached its potential. Bring your energy and enthusiasm and the franchise Area Developer will show you the techniques and strategies he has implemented in other stores to capitalize on catering and in-business advertising. The owners purchased the restaurant last fall and made several improvements to the facilities including a brand new Point Of Sale (POS) system. It is estimated the original cost to open was approximately $200,000. Included in this is the cost of the Furniture, Fixtures and Equipment (FF&E) estimated to be $70,000. The franchisor will fully train the new owner so no food industry experience is required. The franchise training and transfer fee is $5,000 in addition to the purchase price of the business. Priced for a quick sale the new owner will need sufficient resources to purchase the business along the working capital to implement the growth strategies. Bank financing for the business is not available however there is a $20,000 +/- assumable note included in the asking price. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Frank Duringer at 210-348-8989 or email at info@bbofsa.com for more information.
Reason For Sale Absentee owner had no time to devote to the business.
Franchise No
Home Based No
Relocatable No
Year Established 2005
Year Acquired
Employees 1 FT 4 PT

Building Information

Building Sq. Footage 1500 square feet
Monthly Rent $2,531
Real Estate Available No

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