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Listing Broker Information
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Brian Stephens
Certified Business Intermediary (CBI)
Certified Business Intermediary. Real estate, marketing, project management expertise for oil companies - Texaco, Shell and Saudi Aramco. Business development manager of restaurant chain. Designed and operated El Sombrero Restaurant and Cantina in Atlanta,GA. Business owner and partner of other ventures. MBA from Loyola College in Baltimore. Active member of IBBA,BBF, FBBA, various charities, and community leadership. Proud father of three and husband of a wonderful woman.
email: Brian@empiretampabay.com
phone: 813-248-8111 / 813-571-7700
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Contact
Information |
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| Businesses
for Sale
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Listing
Information
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| American Classic Sub Shop |
| Listing
ID: 3033 |
Location:
Tampa
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Brief:
American Classic’s has become one of the world’s most well know sub shop franchises with nearly 5,000 units in operation.
The start-up investment fees range from $187,800 to $341,800 according to the American Classic’s website (http://www.BuyBizUSA.com). Based on privately collected data, Business Reference Guide shows an average selling price of existing American Classic’s to be approximately 50% of the annual gross sales plus inventory. Therefore, a store that had $400,000 in gross sales, and $2,000 in inventory sold for $201,000 on the average [$400,000* 50% + $1,000).
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| Listed
Price: |
$185,000 |
| Total
Sales: |
$444,358.00 |
| Seller's Discretionary
Earnings: |
$73,486.00 |
| Fixtures
Furniture, & Equipment: |
$75,000.00 (Included in Listing Price)
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| Real Estate: |
$0.00
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| Inventory: |
$500.00 |
| Financing / Terms: |
To be detirmined. Depends on buyer. |
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Business
Information |
| Year Established: |
2000 |
| Number
of Employees: |
7 Full Time / 0 Part Time |
| Days and Hours of
Operation: |
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| Relocatable: |
No |
| Franchise Information: |
Call for details |
| Facilities
/ Location: |
This location has great visibility and plenty of foot traffic – especially during its most popular shift - lunch time. This location is fully equipped and well in compliance of all standards and requirements. It has a beautiful décor and a clean, well operating location.
This is located in an area known for finding great eating establishments– making this area attractive for hungry residents and local business people. Additionally, this Fantastic Sandwich Cafe offers its own, distinct and unique category of food unmatched by the neighboring food vendors.
Lease can be transitioned easily to a new, qualified investor of this business. Store is neat, clean and very attractive. Food is awesome.
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Lease
Information
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| Lease Expiration Date: |
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| Option: |
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| Monthly Rent: |
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| Additional
Information |
| Reason for Selling: |
Ready for new venture. |
| Business
Description: |
This location has great visibility and plenty of foot traffic – especially during its most popular shift - lunch time. This location is fully equipped and well in compliance of all standards and requirements. It has a beautiful décor and a clean, well operating location.
This is located in an area known for finding great eating establishments– making this area attractive for hungry residents and local business people. Additionally, this Fantastic Sandwich Cafe offers its own, distinct and unique category of food unmatched by the neighboring food vendors.
Lease can be transitioned easily to a new, qualified investor of this business. Store is neat, clean and very attractive. Food is awesome.
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| Potential for Growth: |
Avenues of increase sales include training staff to up-sell, local and area marketing, frequent shopper programs, catering, delivery and vending. Current owner has done an excellent job of growing the business but the new owner has plenty of room to grow via the right marketing strategy. As a new owner, you should consider marketing the catering more as well. This is in a great area for catering during the day. |
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