Profitable Food Franchise With Strong Community History For Sale

Description

This established Sub Sandwich franchise presents an opportunity to acquire a long-running business with strong community roots and consistent financial performance. NDA is required to receive the exact address. Interested buyers can schedule a call to discuss the opportunity further.Financial Overview:Gross Revenue: $268,354SDE: $111,278Add Backs:Owner salaryCell phoneMonthly food allowanceBookkeeper compensation paid to ownerAnnual Expenses Based on 2025 Budget:Rent: $18,000 annually ($1,500 monthly)Common Expenses: $3,072Insurance: $2,952Office: $912Supplies: $948Uniforms: $768Wages: $107,712Employee Incentives: $900Food Expenses: $138,804Franchise Fees:Royalty Fee: 8% of gross revenueAdvertising Fund Fee: 4.5% including rebate incentives averaging $3,460 annuallyEstablished in 2004, this Sub Sandwich franchise is located in a small town approximately 15 minutes from the Quad Cities area. Positioned along a key route with no direct food competition for 17 miles toward Muscatine, the business benefits from a unique market position as a primary dining destination.A standout feature is the grandfathered exclusive Ice Cream Parlor operation, making it the only offering of its kind in the town and surrounding communities. The ice cream section includes an 8 tub freezer, specialty shakes, and novelty products, creating additional customer appeal and attracting visitors to the nearby drive in movie theatre.The business maintains strong ties to the local community through support of summer reading programs, local contests, and veteran recognition initiatives. In 2024, the location completed a full remodel including all new equipment, reducing expected near term capital investment.Business Highlights:Operating under current ownership for nearly 25 yearsComplete remodel completed in 2024 with updated equipmentExclusive Ice Cream Parlor rights in the local marketLocated on Hwy 61 Bypass with no food competition for 17 milesPositioned across from a popular drive in movie theatreConsistent customer traffic supported by a nearby steel mill and local eventsCatering services in placeStrong local reputation with experienced staffCurrent staffing includes:1 Manager1 Assistant Manager9 full time and part time employeesThe business is currently absentee operated and offers growth potential for an owner operator.Growth Opportunities:Transition to owner operated management to improve profitabilityExpand catering to local businesses and community eventsIncrease marketing reach into the Quad Cities regionDevelop additional partnerships with the drive in theatre and local industrial workforce