Turnkey Sandwich Franchise for Sale Cedar Rapids IA

Description

Sandwich franchise for sale in Cedar Rapids, Iowa.

The restaurant occupies approximately 2,030 sq. ft. and has seating for 38 guests.

Monthly rent is approximately $3,885. The current lease runs through July 2027 and is reported to be assignable, subject to landlord approval and final lease terms.

Kitchen and equipment

• Commercial hood system
• Flat-top grill
• Grease trap
• Three-compartment sink
• Commercial dishwasher
• Multiple sandwich preparation coolers
• Walk-in cooler
• Walk-in freezer
• Meat slicer
• Three preparation stations
• Smallwares and storage shelving

The sale also includes 19 dining tables, 38 chairs, a POS system, security cameras, safe and other operating equipment.

The business currently has approximately 10 employees.

Hours

• Monday-Thursday: 10:00 AM to 8:00 PM
• Friday-Saturday: 10:00 AM to 9:00 PM
• Sunday: 10:00 AM to 8:00 PM

The location supports dine-in, takeout, delivery and catering. Alcohol is not part of the current operating model.

Franchise terms

• Royalty fee: approximately 6% of sales
• Marketing contribution: approximately 4% of sales
• Transfer fee: approximately $5,000

The franchisor provides training, vendor relationships and ongoing operating support to approved buyers.

The asking price is $175,000.

The listing states that qualified buyers may have access to unsecured financing of up to $500,000. Any financing is subject to lender approval, underwriting and final terms.

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