Roly Poly Sandwich Franchises For Sale - New Haven, Connecticut
Roly Poly Sandwich Franchises For Sale in the New Haven, Connecticut region for $129,000! Asset Sale! Roly Poly is a popular franchise restaurant offering an innovative variety of cold and warm grilled wrap sandwiches and soups, focused on lunch time business. This is a great opportunity to own two fully built out stores at considerably lower cost than it would be to purchase a new franchise. Current owners have purchased new equipment and signage and invested a great deal of time in these restaurants to turn them around. There is a huge opportunity for further growth but seller's relocation forces the sale. These two stores are in great locations on busy highways and benefit from repeat business from local universities and hospitals, with these institutions providing extensive opportunity for further development. Catering, which is the "bread and butter" of the business has yet to be fully developed and in itself is a great opportunity. The ground work has already been done with these existing franchise opportunities! New owner will need to be approved by the landlord and franchisor. Please be advised that this restaurant will not qualify for SBA loans or third party lending. If seeking financing, buyer must be able to borrow against personal assets.
Frequently Asked Questions:   Price: $129,000   Cash Flow: TBD   Financing: No   Listing: Active
What is the current gross revenue for this restaurant? This is an asset sale. The restaurants have been built out to accommodate and operate as Roly Poly Franchises.
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 restaurant? This business will not qualify for a business or SBA loan due to the cash nature. 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: royalties, payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance.
Are the restaurant properties owned or leased? Currently the owner leases the property. 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 New Haven, Connecticut region. Physical address 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: refrigerated sandwich prep tables, sandwich presses, walk-in refrigerators, freezers, microwaves, meet slicers, soup warmers, cookie ovens, prep tables, sinks, tea maker, fountain soda machines, tvs, POS registers, telephones, pans, knives, racks, printer, fax, indoor and outdoor seating signage etc.
How many customers can these restaurants seat? One restaurant can seat approximately 35 inside and 8 outside, the other can seat 14 inside and 8 outside..
Do these 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 service. A delivery service is currently being offered. A catering service is also provided.
How long has the seller owned the restaurants? Seller has owned one restaurant for 2.5 years and the other restaurant for approximately 1 year.
Why is the owner selling? Owner is relocating.
What are the hours of operation? One restaurant is operated from 10am to 5pm, Monday - Friday the other is operated 10am - 6pm Monday through Friday and 11.00am - 5.00pm on Saturday.
What else should I know? A great opportunity to own two existing franchises with huge potential. Roly Poly offer a lunch time and early evening menu ofcold and warm grilled wrap sandwiches and soups. Priced at $129,000. 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 Sellerís 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.