Closest Subway to Kalahari (Sandusky Ohio)
Business Description
Established Subway in a high traffic area. Clean and well maintained.
Established Subway franchise strategically positioned on the main route to popular tourist destinations including Kalahari Resort, Cedar Point, and Lake Erie. This well-maintained 1,050 square foot location has been serving customers since 2000, generating $302,378 in annual revenue with $27,011 EBITDA.
Business Highlights:
- Prime location capturing tourist traffic to major attractions
- 24 years of continuous operation with established customer base
- Clean, well-maintained facility ready for new ownership
- Long-term lease security through August 2037 at $2,900/month
- $50,000 in furniture, fixtures, and equipment included
- Inventory valued at $1,600 included in asking price
Operational Overview:
The business experiences seasonal patterns with busy summers and slower winters, typical for tourist-driven markets. Current owners cite rebalancing life priorities as reason for sale, presenting an opportunity for motivated buyers to capitalize on this established operation.
Growth Potential:
Owners indicate additional Subway locations in the area may become available for future expansion. The recovering tourist traffic and lower gas prices are expected to strengthen visitor numbers to the region's attractions.
Franchise Requirements:
- Franchisee acceptance and training required (up to 2 months)
- $150,000 net worth, $100,000 liquid capital required
- US citizenship or residency required
- Current owners cover transfer fee; buyer handles franchise fee with headquarters
Financial Summary:
- Asking Price: $60,000
- Annual Revenue: $302,378
- EBITDA: $27,011
- Revenue Multiple: 0.20x
- EBITDA Multiple: 2.22x
This turnkey opportunity offers an affordable entry point into the established quick-service restaurant market with strong brand recognition and strategic tourist location advantages.
Business Highlights:
- Prime location capturing tourist traffic to major attractions
- 24 years of continuous operation with established customer base
- Clean, well-maintained facility ready for new ownership
- Long-term lease security through August 2037 at $2,900/month
- $50,000 in furniture, fixtures, and equipment included
- Inventory valued at $1,600 included in asking price
Operational Overview:
The business experiences seasonal patterns with busy summers and slower winters, typical for tourist-driven markets. Current owners cite rebalancing life priorities as reason for sale, presenting an opportunity for motivated buyers to capitalize on this established operation.
Growth Potential:
Owners indicate additional Subway locations in the area may become available for future expansion. The recovering tourist traffic and lower gas prices are expected to strengthen visitor numbers to the region's attractions.
Franchise Requirements:
- Franchisee acceptance and training required (up to 2 months)
- $150,000 net worth, $100,000 liquid capital required
- US citizenship or residency required
- Current owners cover transfer fee; buyer handles franchise fee with headquarters
Financial Summary:
- Asking Price: $60,000
- Annual Revenue: $302,378
- EBITDA: $27,011
- Revenue Multiple: 0.20x
- EBITDA Multiple: 2.22x
This turnkey opportunity offers an affordable entry point into the established quick-service restaurant market with strong brand recognition and strategic tourist location advantages.
About the Business
- Years in Operation
- 26
- Employees
- 5 (1 Full-time, 4 Part-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- Turnkey. All equipment is current and newly remodeled. Lease has renewals until 2037 currently. Nice and workable landlord.
- Website
- https://www.subwayfranchise.com/en-us/ownership-path
- Market Outlook / Competition
- The roads to Cedar Point are always growing and competitive. The traffic to Kalahari and Cedar Point is lower this year than normal but it seems to be getting stronger with gas prices lower.
- Opportunities for Growth
- There are other Subways in the area for future purchase and we also have 5 other locations we are currently holding on to.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,050
- Rent
- $2,900.00 per month
- Lease Expiration
- 8/1/2037
About the Sale
- Seller Motivation
- Rebalancing our lives as we hit 50+
- Transition Support
- Franchise Acceptance and training is required and can take up to 2 months. Two weeks is hands on classes working with HQ.
- Financing Options
- None - Equipment should make it easy for you. No Management Agreements
Listing Info
- ID
- 2524454
- Listing Views
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2524454 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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