SELLER SAYS SELL IT NOW-PENDING
Seller:
Attn:
Norman MacGillivray
Location:
Troy/Oakland, MI, USA
Listing Number:
"421BT"
Overview:
This Franchised Sub Shop location does 75% of its business at lunch, and the rest is catering and dinner. It is well established and has many regular customers, making it a great opportunity now for the price, and a great opportunity for growth with a new C.J. Mahoney's Right Next Door! The end cap location, lots of windows, Lots of seating, excellent equipment and leaseholds, and plenty of adjacent parking, means this could be your opportunity to get into the fast food business. The sellers have offered this business at this price and on these terms to sell it quickly. The Franchise transfer is $5,000 to the buyer, and the ongoing royalties and advertising fees are 6% and 4% respectively. This place shows very well-must see to appreciate.
Property Features and Assets:
This end cap location with expansive windows, seats 60 in their 1,960 plus square feet. Plenty of convenient parking and walking distance from local offices make this a popular lunch destination. Original cost to open this location in 1999 exceeded $200,000. In other words, at $39,000 this is a great deal! Could Not Duplicate For Anywhere Near This Price.
Market Competition and Expansion:
Very little immediate competition for their lunch business. Their catering business could be expanded beyond their loyal core catering customers. They do very little marketing now C.J. Mahoney's one of the biggest and best Sports Bars In Oakland County has opened its second location Right Next Door! Their present hours are only 10am-8pm Monday to Friday, 10am-5pm Saturday, and Closed on Sunday. Could Expand Hours!-especially after the bar opens next door.
Additional Details:
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