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Earn $86,000 at this Cedar Rapids Sub Franchise for Sale

You can experience greater security when you purchase a successful brand like this Sub Franchise for Sale. SBA Lending available on this transaction that has earnings of $86,000 after annual sales of $906,000.

As a new entrepreneur, you may not realize the importance of buying an established franchise brand. With national following and decades-long experience in the restaurant industry, purchasing this Profitable Sub Franchise for Sale can make your success rate even greater. Buying a franchise business means buying a team of support. Plus, customers will instantly recognize and trust this national brand.
 
Benefits of purchasing this Sub Franchise for Sale offered by the Restaurant Brokers at We Sell Restaurants include, being located in a very busy area of Cedar Rapids, the existing loyal customer base that is already established, and the fact that this turn-key operation is ready to go and making money for a new owner from day one!
 
The 2,123 square foot store has performed well at its Cedar Rapids location. The lease on this Sub Franchise for Sale is $6700.00, per month including the base rent plus the CAMS, taxes, and insurance on the property. The current lease is valid until November 7, 2026, with two 5-year renewal options and the location seats 45. 
 
Not only does this Sub Franchise for Sale bring in great sales, but the listing also qualifies for SBA lending. The restaurant brokers have resources and lenders available for you to secure funding on this profitable location. With SBA lending, you only need to put 20 percent down to pay the rest over a ten-year period.
 
The major brand associated with this Sub Franchise for Sale provides an extensive six-week training. The one-time transfer fee of $10,000 covers the cost of this proven training, along with the remaining terms of the franchise agreement. There is a royalty fee of 6%, which are charged on sales.
 
Gaining the support of a national franchise also means tapping into the success of its marketing efforts. For this Sub Franchise for Sale, 5% of sales will go towards marketing fees.
 
Move forward on this Sub Franchise for Sale investment with earnings of $86,000. Since it comes with an established national customer base, and a proven system that works for countless other successful franchisees, the banks are interested in lending on this one. Apply today!

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

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

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 9042
  • Price: $265000
  • Location: Cedar Rapids

Lease Term: Expires Nov. 2026 with 2 5-year renewal options

Monthly Rent: $6700.00,

Indoor Seating: 45

Inside Sq. Ft: 2123,

Hood System: No

Hours Open: 10:30a - 9:00p Daily

# of Part-Time Employees: 12

# of Full-Time Employees: 6

Net Sales: $906408.00

Owner Benefit: $86970

Features

  • Owner Benefit of over $80,000!!
  • Almost a Million in Revenue for 2021
  • Great location in busy area of Cedar Rapids
  • Two 5-year options remaining on favorable lease
  • Great Brand Recognition, with one of the most sought-after brands in the nation
  • Fully trained staff in place makes for smooth transition
  • Franchise for Sale
Earn $86,000 at this Cedar Rapids Sub Franchise for Sale

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