5 Unit Franchised Sandwich Shop with Real Estate

With $197,500 down own $1,650,000 in RE and five businesses, SBA Approved



 Price w/ RE:
$1,392,379 (4-Year Avg)
Cash Flow:
$35,417 (4-Year Avg)
 Real Estate:
Call for U.W. Report
 Service Area:
Spokane, WA
 Profit Margin:
1 Full Time, 23 Part Time
Reason for Sale:
The Sellers are Retiring
First store opened 1988
Year Established:  • Store #1: 1988 • Store #2: 1991 • Store #3: 1991 • Store #4: 2010 • Store #5: 2012
Services:  Fresh and custom-made sandwiches, wraps, bowls, and melts.
Equipment:  All required & necessary equipment per franchisor to operate each store w/ full functionality.
Product Breakdown:  61% Food, 32% drink, 7% other company wide average.
Clients:  Health conscious on the go people who trust a brand name.
Lease:  3 Stores leased in strip malls.
Personnel:  Each store has a manager. Owner acts as district manager.

Asking Price

The asking price is determined using a cash flow and asset methodology. Cash flow is the sum of net income from the business plus any non-cash expenses, non-recurring items and any seller’s personal expenses. The asset methodology considers what it could cost to open a similar business in equipment and square feet. A multi-factor multiplier is applied to the cash flow based on the condition of the business and the asset value is added to that result.

SBA’s 504 program would require 10% down or $211,500 for 5 stores and 2 properties amortized aver 25 years.

Fair Market

Value Proposition

  • Key locations in sub-market
  • Two stand alone stores with ample parking
  • 2 in-line formats and 1 mall footprint
  • Asset sale
  • 3 stores 1500sf, 1 store 1100sf and last unit 800sf
  • Average daily ticket count 100
  • All stores are easily visited in one day
  • Suited for seasoned operator or expansion of single unit
  • Easily accessible locations
  • Catering offers the biggest opportunity for growth
  • Property sold only with business
Profit Margin

Revenue Breakdown

Revenue by category
Cost breakdown

Financial Highlights

  • Listing Price: Includes Inventory of each store
  • Gross profit average $226,509
  • Average store sales $315,696
  • Royalty 8% Advertising 4.5%
  • $7500 transfer fee per store
  • Recommended Working Capital: $45,000
  • Inventory Estimated Average: $4K
  • Average sales per SF a year $227.15
  • Average store expense $221,032
  • Average store COGS $82,688
  • Average time remaining on lease, 1.5 years
Cash Flow

Cashflow Analysis

Financials 8-11

Real Estate