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Blimpie For Sale
Location: United States -> Florida -> Lakeland
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Blimpie inside Walmart for sale
Location: Lakeland -FL
Industry: food and beverage > other food and beverage

Perfect location in the Lakeland-FL hwy traffic, it is on hwy 98. Established business for 6 years open inside the Walmart. Very low rent 2% of the net sales (up to monthly sale of 25k) and 7% of the net sales for sale over $25,000 a month. 2009 sale was around $300,000. No need to maintain rest rooms,security or parking spots. Walmart does for you. Selling for only $215,000. This location has 2 more concepts in addition to Blimpie, surf city squeeze (smoothies and shakes) and Johnies pizza. All are included in the price. Buyer have to pay for transfer fees of $5,000 to Kahala (parent company of Blimpie) and no need to pay $25,000 franchise fees. Lot of room to improve the sales. First two years sales were over $450,000. Contact for more information on this Blimpie business for sale.

Asking price range: $179,000
gross revenues: $300,000 approx
seller financing: no
about the business
sales/revenue:-
2005 - $445,000
2006 - $400,000
2007 - $325,000 ( 2007 when we bought the business)
2008 - $300,000
2009 - $295,000

year established: 2005
number of employees: 4 - 5
relocatable: no
franchise: yes
current real estate: leased
property: property for lease
about the sale
management training and support: yes.
Reason for selling: i relocated to Seattle far away from Lakeland

Contact for more information on this Blimpie franchise for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $300,000
Cash Flow:   $79,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Relocation.




Print Listing Id: 700144112


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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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