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$111,000 in Earnings for Biddeford Maine Firehouse Subs Franchise for Sale

The Firehouse Subs Franchise for Sale is located on a prime commercial highway in Biddeford, Maine. All the major shopping, restaurants and services are located in this area. Biddeford is a thriving community currently experiencing a revitalization of its downtown area. It is also home of the University of New England, Southern Maine Medical Center, easy access to southern Maine communities, Kennebunkport, Ogunquit, Wells and Kittery. .
 
This Firehouse Subs Franchise for Sale is an established national brand and well known in New England. This restaurant has been profitable since day one. Sales for 2021 exceeded $920,000 with return to owner of $111,131.
 
Sales for 2022 show continued growth with expected profits to exceed 2021 numbers. There are plenty of reasons for buying an existing franchise like this Firehouse Subs Franchise for Sale.  As a franchise the financial results are verifiable, the security of existing cash flow and a proven location. Moreover, with employee staffing challenges faced by many businesses today, Firehouse Subs Biddeford has a well-trained staff in place operating seven days a week 10:30am-9pm.  The Restaurant Brokers at We Sell Restaurants will be happy to help you through the entire buying process!

This Firehouse Subs Franchise for Sale is housed in an 1,800 square foot space with a lease rate of $6,395.92 per month including the base rent, plus CAMs, taxes, insurance and maintenance charged by the landlord.  The lease is assignable.  Lease was executed in 2015 for a 10-year term with two five-year options to extend. Monthly Base rent for years 1-5 is $4650, Years 6-10: $5115, Years 11-15: $5626 and years 16-20: $6189
 
All financials, lease documentation, complete list of FF&E on this Firehouse Subs Franchise for Sale are available for review by any qualified buyer. 
For any buyer who is not a Firehouse Subs franchisee, the owner will provide on-site training as well as certification through Firehouse corporate in Jacksonville, Florida. This restaurant has served as the official training restaurant for all New England based franchisees.
 

Please click on the tab below to easily acknowledge confidentiality on this Franchises for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Robin Gagnon at (404) 800-6700

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Listing

  • Listing#: 9102
  • Price: $250000
  • Location: Biddeford

Lease Term: Expires 2023 with Options Remainng

Monthly Rent: $6395.92,

Indoor Seating: 45

Inside Sq. Ft: 1800,

Hood System: No

Hours Open: 10:30am-9

# of Part-Time Employees: 14

# of Full-Time Employees: 1

Net Sales: $923376.00

Owner Benefit: $111133

Features

  • Great Brand with Loyal Following
  • Six Figure Earnings on Successful Store
  • Great Lease with remaining options
  • Six-Week Training by the brand has you ready to go as new owner
  • Well knowledged and trained employees are already in place
  • This store has served as official training site for all New England based franchisees
  • Franchise for Sale