Established Mr. Hero Sandwich Restaurant Franchise

Location: United States -> Ohio -> Northeast Ohio
Industry: Franchises > Food and Beverages

This established Mr. Hero Restaurant Franchise is located in a busy suburb surrounded by a major hospital, commercial offices and a variety of residences, both single and multi-family.

This location has very low overhead with a rent of only $800 per month. Cash flow has averaged $70,221 for the past 3 years.

The owners have 2 restaurants and are looking to reduce their workload because of a growing family. It is a carryout location only, so one does not have to worry about maintaining a seating area.

Mr. Hero has continually refined and updated their menu to react to the market place and their advertising drives traffic to the stores weekly. This is an ideal family business opportunity with low personnel expense low overhead and room to grow for a hands on owner operator. Sale price is just $159,000!

Financials

Asking Price Range: < $250K
Gross Revenues: $239,736
Cash Flow: $63,263
Cash Flow Type: Sellers Discretionary Cash
Inventory: $39,000
Seller Financing: Yes

About The Business

Year Established: 2002
Number of Employees: 1 – 3
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Seller will provide training
Reason For Selling: Concentrate on Other Business