Profitable Sandwich Franchise for Sale near Kansas State University!

Description

Established sandwich franchise for sale in Manhattan, Kansas.

Annual sales are approximately $782,759, with reported Owner Benefit of approximately $91,022.

The restaurant occupies approximately 3,500 sq. ft. and has seating for about 60 guests.

Business details

• Eight employees
• Dine-in service
• Takeout
• Third-party delivery
• Catering
• Customer parking
• Existing franchise operating systems

Current operating hours are 10:00 AM to 8:00 PM daily.

Monthly rent is approximately $5,098. The current lease runs through February 2028 and includes renewal options, subject to the lease terms and landlord approval.

Franchise terms

• Royalty fee: approximately 6% of sales
• Marketing fee: approximately 3.5% of sales
• Transfer fee: approximately $30,000 at closing

The franchisor provides training, marketing support, purchasing programs and ongoing operating guidance.

The restaurant serves a market supported by Kansas State University, Fort Riley, local employers and nearby residential areas.

The asking price is $339,900.

The listing states that the business has been prequalified for SBA financing with as little as approximately 15% down for qualified buyers. Final financing remains subject to lender and SBA approval, underwriting and buyer qualifications.

A buyer could further develop catering, digital ordering, local partnerships and marketing within franchise guidelines.

Continued operation under the franchise brand is subject to franchisor approval and applicable transfer requirements.