Roly Poly Rolled Sandwich Franchise For Sale - Orange - Connecticut

Roly Poly Rolled Sandwich Franchise For Sale in the Orange, Connecticut region for $79,000! Seller financing available with $59,000 down. Established franchise opportunity, currently grossing an estimated $185,774 and nets $7,220. 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 a fully built out store at a 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 this restaurant to turn it around. There is a huge opportunity for further growth but seller's relocation forces the sale. Current owners have specific plans in place to develop this business that will be discussed with interested buyers. This store is in a great location on a busy highway and benefits from repeat business. 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 this existing franchise opportunity! Motivated seller will entertain all offers. 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: $79,000   Cash Flow: $7,220   Financing: Yes   Listing: Inactive

Roly Poly Restaurant What is the current gross revenue for this restaurant? The total current gross revenue being generated is estimated at $185,744.

How does the restaurant 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 this restaurant? The seller is willing to finance up to $20,000. Terms to be discussed. Need more? 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. Expenses for this restaurant are estimated at $178,554 (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).

Is the restaurant property 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 is the restaurant located? Located in the Greater 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. Estimated value is $48,500.

How many customers can this restaurant seat? This restaurant has indoor seating for 35 and outdoor seating for 8.

Does this restaurant currently have a beer or liquor license? No, there is no beer or liquor license included with this sale.

Roly Poly Restaurant Does the restaurant 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 restaurant? Seller has owned this restaurant for 2.5 years.

Why is the owner selling? Owner is relocating.

What are the hours of operation? This restaurant is operated from 10am to 6pm Monday - Friday, and 11am - 5pm on Saturday.

What else should I know? A great opportunity to own an existing franchise with huge potential. Roly Poly offers a lunch time and early evening menu of cold and warm grilled wrap sandwiches and soups. Seller financing available with $59,000 down. Priced at $79,000. 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.

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