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S307B - Deli Franchise Restaurant in San Anto
Deli Franchise Restaurant in San Antonio
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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 email@example.com for more information.
Reason For Sale
Absentee owner had no time to devote to the business.
1 FT 4 PT
Building Sq. Footage
1500 square feet
Real Estate Available
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