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Updated over 9 years ago on . Most recent reply

Derek Kerley's profile image
Derek Kerley's profile image
Derek Kerley
  • Investor
  • from Jupiter, Florida
  • Member since Oct 23, 2014
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13
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1
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Derek Kerley's profile image
Derek Kerley's profile image
Derek Kerley
  • Investor
  • from Jupiter, Florida
  • Member since Oct 23, 2014
Connect
Derek Kerley
  • Investor
  • Jupiter, FL
1
Votes |
13
Posts
Off Topic

Absentee Franchise

Derek Kerley
  • Investor
  • Jupiter, FL
Posted

Looking to potential purchase an absentee franchise. Wondering what I am missing since on the surface it appears to be a great opportunity. Below are the numbers. I am assuming like all listing in real estate or anyone trying to sell something they rarely tell you the bad side. Looking for anyone who has experience in this and can help. 

Thanks, 

Derek 

Sub Franchise - Quizno's

Annual:

Gross Sales: $342,000

Net Profit: $103,402 - Absent Owner Benefit $75,000

Assets/FF&E: $ 5,000

Asking Price: $150,000

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