Profitable Food Franchise With Longstanding Community History For Sale

Davenport, IA (Scott County), ID 227134

Profitable Food Franchise With Longstanding Community History For Sale 1
Profitable Food Franchise With Longstanding Community History For Sale 1
Asking price:
On request
Owner
Сабина - Алиева - iamsabiina@vk.com - ru

Сontact with me Сабина - Алиева - iamsabiina@vk.com - ru

Description

Successful Franchise Sandwich Restaurant for Sale with Established Operations and Growth PotentialThis business remains available. Interested buyers may schedule a call to discuss the opportunity further.Financial OverviewGross Revenue: $268,354Seller’s Discretionary Earnings (SDE): $111,278Add BacksOwner SalaryCell Phone ExpenseMonthly Food AllowanceBookkeeper Compensation Paid to OwnerAnnual Expenses Based on 2025 BudgetRent: $18,000 annually ($1,500 per month)Common Area Expenses: $3,072Insurance: $2,952Office Expenses: $912Supplies: $948Uniforms: $768Wages: $107,712Employee Incentives: $900Food Costs: $138,804Franchise FeesRoyalty Fee: 8% of Gross RevenueAdvertising Fund Contribution: 4.5%, including rebate incentives averaging $3,460 annuallyBusiness OverviewEstablished in 2004, this sandwich franchise operates in a strategically positioned small-town market located approximately 15 minutes from the Quad Cities area. The location benefits from a highly favorable competitive landscape with no direct food competition along a 17-mile corridor toward Muscatine, Iowa.A unique feature of the business is its grandfathered ice cream operation, making it the only location of its kind in the town and surrounding communities. The offering includes an 8-tub ice cream freezer, specialty shakes, and novelty desserts, creating a destination experience for local residents and visitors to the nearby drive-in movie theatre.The business maintains strong ties to the community through local sponsorships, seasonal programs, and veteran recognition initiatives. In 2024, the location completed a full renovation with all new equipment installed, minimizing near-term capital investment requirements.Business HighlightsOperating under current ownership for nearly 25 yearsComplete remodel completed in 2024 with updated equipmentExclusive ice cream operation in the local marketPrime visibility along Hwy 61 Bypass with limited surrounding competitionLocated directly across from a popular drive-in movie theatreReliable customer traffic supported by nearby industry and community activityEstablished catering servicesStrong local reputation supported by long-term staff retentionFully staffed with 11 employees including one manager, one assistant manager, and nine full-time and part-time team membersCurrently absentee owned with opportunities for increased returns through active ownershipGrandfathered franchise rights for ice cream operationsGrowth OpportunitiesTransition to owner-operated management to improve margins and reduce labor expenseExpand catering to additional local businesses and community functionsIncrease regional marketing efforts across the Quad Cities areaBuild strategic partnerships with the nearby drive-in theatre and local industrial workforce

Details

Real Estate: Lease

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