Established Subway Franchises (3) - $216K SDE | Priced at 1.66x

Asking Price$360,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,449,602

Inventory$8,000
Included in asking price
FF&E$100,000
Included in asking price
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Established Subway Franchises (3) - $216K SDE | Priced at 1.66x


Asking Price$360,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,449,602

Inventory$8,000
Included in asking price
FF&E$100,000
Included in asking price
Business Description
Available for the first time in over three decades, this is a rare opportunity to acquire a stable, three-unit Subway portfolio in Northern Utah. Located in Brigham City, Tremonton, and Hyrum, these stores have been operated by the same local owners since 1991, building a trusted reputation and a loyal customer base. The portfolio offers a buyer an established platform with over $1.45M in annual revenue and approximately $216k in Seller's Discretionary Earnings (SDE).

The business is positioned for a seamless transition, featuring tenured staff—including a site manager with 18 years of experience—and standardized Subway operational systems. Two of the three locations have recently undergone comprehensive "Fresh Start" remodels (2023 and 2024), effectively removing major capital expenditure requirements for nearly a decade. Priced aggressively at just 1.66x 2025 SDE, this offering represents exceptional value compared to standard QSR multiples and is eligible for SBA financing. Whether you are an experienced multi-unit operator or a first-time buyer looking for a proven foundation, this portfolio provides immediate cash flow with clear upside through active management.

Business Highlights
- Exceptional Value Proposition: Offered at a 1.66x multiple of SDE, significantly below the industry average of 2–3x, providing a high first-year cash-on-cash return.
- Turnkey Infrastructure: Sale includes all FF&E and established systems. Two stores are recently remodeled (Brigham City 2023, Tremonton 2024), with no major remodel obligations until 2033/2035.
- Recession-Resistant Brand: Subway is a global leader in the QSR space, benefiting from national advertising, the "Subway MVP" loyalty program, and a health-conscious menu that remains a staple for commuters and locals alike.
- Strategic Growth Corridor: Benefit from major local economic developments, including the Nucor Steel expansion and planned nuclear energy projects, which are expected to bring thousands of permanent jobs to the immediate area.
- Immediate Profitability Upside: Significant opportunities exist to increase margins through labor optimization, expanded catering accounts with local businesses, and active owner-operator oversight.
- SBA Financing Ready: Documented financials and strong debt-service coverage make this portfolio a prime candidate for SBA 7(a) financing with as little as 10-15% down.
- Comprehensive Training: Sellers are committed to success, offering one month of on-site training plus an additional month of advisory support to ensure a smooth handoff.
About the Business
Years in Operation
33
Employees
30 Part-time
Approximately 25–35 part-time hourly employees across three locations. Each stor
Franchise
This business is an established franchise
Facilities & Assets
Three established Subway franchise locations in Brigham City, Tremonton, and Hyrum, Utah. The sale includes all furniture, fixtures & equipment (FF&E), POS systems, goodwill, established supplier relationships, and operational systems. Brigham City was remodeled in 2023 and Tremonton in 2024, with no major remodel obligations until 2033 and 2035, respectively. Hyrum requires a Subway remodel by July 2027. Inventory is approximately $5,000–$10,000. Franchise agreements are subject to Subway corporate approval.
Market Outlook / Competition
Subway is one of the world's most recognized quick-service restaurant brands, supported by national advertising, the Subway MVP loyalty program, and established operating systems. The business serves stable communities in Northern Utah with strong local brand recognition built over 35 years. Brigham City and Tremonton are profitable, remodeled locations with experienced staff, while Hyrum offers turnaround upside. Regional growth is supported by continued population growth and major local economic developments, including the Nucor expansion and planned energy projects in Box Elder County.
Opportunities for Growth
Significant upside exists through active owner-operator management. Opportunities include improving labor efficiency, expanding catering and digital ordering, increasing local business and school catering accounts, completing the Hyrum remodel to drive higher sales, and benefiting from the scheduled reduction in Hyrum lease repayment obligations after June 2027. The established three-store platform also provides a strong foundation for future multi-unit franchise expansion.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will provide one month of full-time transition training across all three locations, plus one additional month of part-time advisory support. Buyer will be introduced to Subway corporate franchise representatives, landlords, key vendors, and SBA financing contacts to ensure a smooth ownership transition.
Financing Options
Pre Approved for SBA Financing
Listing Info
ID
2524294
Listing Views
15

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Business Listed by: Ian Folau

Listing ID: 2524294 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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