Which Wich Sandwich Franchises – Collin County, Texas
Which Wich Sandwich Franchises For Sale in the Collin County, Texas area for $500,000! Two established franchise opportunities, currently grossing an estimated $1,055,090 and net $151,372. Income based on an owner/operator role. Great locations with one located in a shopping center and the other within a busy plaza . Both delivery and catering services are offered. The restaurants are fully built out and include all equipment. New owner will need to be approved by the landlord and franchisor and will be required to attend training for 1 month. Some financing available for buyers who qualify for a revolving credit line through our third party source. Apply Here.
Frequently Asked Questions:
What is the current gross revenue for these restaurants?
The current gross revenue being generated is estimated at $1,055,090.
How do the restaurants profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance these restaurants?
There is no seller financing available. This business may qualify for a business or SBA loan. If financing is needed for startup cost you can review additional Financing Options Here.
What is required in order to qualify for purchase?
Typically, most franchise restaurants will have liquidity and net worth requirements (to be determined on an individual basis by franchisor), require the buyer to attend an interview for approval, background check, and in most cases, require you to form an entity such as an LLC or Corporation to purchase. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and insurance.
What type of insurance do I need?
In most cases restaurant owners will need a minimum of the following insurance policies: business liability, worker’s compensation and business property insurance. Restaurants For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
Are the restaurant properties owned or leased?
Currently the owner leases the properties. New owner must be approved by the landlord. Note: New buyer will sign lease terms with the property owner.
Where are the restaurants located?
Located in the Collin County, Texas region. Physical addresses will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
Current list of equipment includes: Walk-In Coolers/Freezers with Shelving, Sinks, Refrigerated Counters/Sandwich and Salad Units, Signage, Ovens/Conveyers, Microwave Oven, Mop Sinks, Blenders, Ice Cream Dipping Cabinets, Electric Food Slicers, Refrigerated Merchandisers, Undercounter Refrigerators, Tables and Chairs, Condiment Counters, Office and Security Equipment, and much more!
What size are the restaurants and how many customers can they seat?
These restaurants are between 664 sq. ft. and 1,600 sq. ft. One has food court seating and the other can seat 45 inside.
Do the restaurants currently have a beer or liquor license?
No, there is no beer or liquor license included with this sale.
Do the restaurants offer drive-thru or delivery service?
There is no drive-thru but delivery services and catering services are offered at both locations.
How long has the seller owned the restaurants?
Seller has owned one of the restaurants for under one year and the other for over one year.
Why is the owner selling?
Owner is selling due to health reasons.
What are the hours of operation?
One restaurant is operated from 11am to 9pm, Monday-Saturday and 11am – 6pm on Sunday while the other is operated from 11am to 9pm, Monday-Saturday and 11am – 7pm on Sunday.
What else should I know?
Established franchise opportunities. Turnkey and move in ready. Includes the cost of all equipment. Plenty of opportunity to increase revenue. Priced at $500,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.