Established Subway (2919) on Main Route to Kalahari & Cedar Point

Asking Price$139,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$346,009

Inventory$2,500
Included in asking price
FF&E$60,000
Included in asking price
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Established Subway (2919) on Main Route to Kalahari & Cedar Point


Asking Price$139,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$346,009

Inventory$2,500
Included in asking price
FF&E$60,000
Included in asking price
Business Description
Established remodeled location. We are looking to downsize our lives.
Busy summers and slower winters on a main route to Kalahari, Cedar Point, and Lake Erie. Clean and a well maintained location. Great location and price to start your new career or to add to your portfolio. EBITDA and location sheet attached. Combo report (2919) for current Subway owners to look at.

- Franchisee acceptance and training required. Requirements $150,000 Net Worth/$100,000 liquid
- We cover the transfer fee but you handle franchise fee with HQ
- US Citizenship or Residency Requirements
- No Brokers
- Introduce yourself in a text before phone call please. Phone screens calls.
- Email works good too.
About the Business
Years in Operation
26
Employees
5 (2 Full-time, 3 Part-time)
Summer is busy and winter is slower.
Franchise
This business is an established franchise
Facilities & Assets
On Milan Rd in Norwalk. Long lease with options. All equipment is current and working.
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.
1,000
Rent
$1,522.00 per month
Lease Expiration
6/30/2037
About the Sale
Seller Motivation
Slowing down our lives personally with age and health factors.
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 is offered. No Management agreements.
Listing Info
ID
2524234
Listing Views
Attached DocumentsAttachment Disclaimer

Combos Nor Mil.pdf

NorwalkSell.pdf

Business Location

Contact Seller

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Business Listed by: David Andrews

Listing ID: 2524234 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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