Profitable Food Franchise With Strong Community History For Sale

Description

Sub sandwich franchise for sale approximately 15 minutes from the Quad Cities area.

The location was established in 2004 and has been under the current ownership for nearly 25 years.

Gross revenue is approximately $268,354, with reported Seller’s Discretionary Earnings of $111,278.

Reported add-backs

• Owner salary
• Cell phone expense
• Monthly food allowance
• Bookkeeping compensation paid to the owner

2025 budgeted expenses

• Rent: approximately $18,000 annually or $1,500 per month
• Common expenses: $3,072
• Insurance: $2,952
• Office expense: $912
• Supplies: $948
• Uniforms: $768
• Wages: $107,712
• Employee incentives: $900
• Food expense: $138,804

Franchise fees

• Royalty: 8% of gross revenue
• Advertising fund: 4.5%
• Average annual advertising rebates reported at approximately $3,460

The restaurant is located along the Highway 61 Bypass. The seller reports no direct food competition for approximately 17 miles in the direction of Muscatine.

The location also operates a grandfathered ice cream parlor that is described as exclusive within the local market.

Ice cream operation

• 8-tub freezer
• Specialty shakes
• Novelty ice cream products

The store is located across from a drive-in movie theatre and also receives customer traffic connected to a nearby steel mill and local events.

Catering services are already offered.

The restaurant completed a full remodel in 2024, including replacement or updating of the operating equipment.

Staff

• 1 Manager
• 1 Assistant Manager
• 9 full-time and part-time employees

The business is currently operated on an absentee basis.

A more active owner could reduce management expense, expand catering, increase marketing toward the Quad Cities area and develop additional local partnerships.

An NDA is required before the exact address and additional information are released.