Owner profited $72,000 last year and has a great full staff in place
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Cash Flow: 
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Reason for Sale: 
Growing Family

Owner profited $72,000 last year and has a great full staff in place! This is your chance to own a profitable sub shop with franchise support. This is the only one in Omaha, and it’s an extremely popular concept throughout the US with 163 units. There is a line all the way out the door every day during lunch hour. The business has earned the loyalty of many customers, including over 30 monthly residual catering accounts totaling over $8,000 in additional sales per month. This shop comes completely staffed with 3 full time Shift Managers, 2 full time Counter Staff, and 4 part time shift workers. With a $500,000 build out, this sub shop, voted best of Omaha, lies in the middle of a highly sought after retail and business district. There is enormous growth potential in this growing part of town. With a growing family, the current owner needs to part with this very successful operation and hand the reigns over to someone eager to take this business to the next level.

This business is fully collateralized for an equipment loan. After the first year the buyer can expect 48% Return On Income (the rate of return on the Buyer's down payment) and $29,922 Net Operating Income (the amount of money the Buyer will retain as profit).

Business Information
Year Established: 2012
Location and Service Area: Midtown Area, Omaha, NE
Lease: 1819 Sq. Ft.
Reason for Selling: Growing Family
Employees: 3 FT Shift Managers, 2 FT Counter, 4 PT
Hours: Mon-Sat 10:30am-9:00 pm – Growth opportunity to add Sunday Hours!
Seller Training Period: 90 Days, plus Franchise Will Train New Owner
Franchise: The only franchise in Omaha - 163 in the US - New owner would have first right to open any new location in Omaha market
Growth Opportunities: Increase Catering
Current Owner’s Responsibilities: Overseeing Shift Managers and Bookkeeping

Financial Overview
List Price: $252,000
Gross Sales
2014: $428,696
2013: $358,181
Growth! Over 30 recurring catering clients/ mo. totaling over $8,000 in additional sales!
Owner Profit/Cash Flow
2014: $72,827
YOY Growth/Sales Trends: Profit Margin: 17%
Multiple: 3.5 *Multiples range from 1-5, with the average being 3
Valuation: 2014 Cash Flow x Multiple = Price
$72,827 x 3.5 = $254,894

Assets Included in Purchase: $640,000
Equipment: $130,000 FFE - POS System, Flat Top Grill, Coolers, Tables, Chairs
Intangible Assets: Website with Online Order Capability
Build-out: $500,000
Inventory: $10,000*
*amounts may vary

Funding Example
Purchase Price: $252,000
25% Buyer Down Payment: $63,000
15% Seller Financing: $37,800
60% Bank Loan: $151,200

Fully collateralized for equipment loan
After the first year the buyer can expect:
Return On Income :The rate of return on the Buyer's down payment = 48%
Net Operating Income: The amount of money the Buyer will retain as profit = $29,922

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