Subway for Sale in Palm Beach County - profitable and trending upwards

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Asking Price:
$160,000

Gross Revenue:
$301,600
Cash Flow:
$62,660
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Purchase this Lucrative Subway for Sale in Palm Beach County, FL with Sales Topping $300,000 with more than $60,000 net to operating owner! This Open and Operating Location is Ready for an Owner to Take it to the Next Level
This Subway for Sale is part of one of the largest fast-casual sandwich brands in the world, with close to 45,000 stores all over the world. The Subway brand practically pioneered the fast-casual sandwich game since they opened their first store in 1965. Gross sales of this unit have averaged in excess of $5,800 in 2019 and sales trends continue to be positive. The owner/operator could expect $70,000 in earnings annually.
Offered by We Sell Restaurants, this particular Subway for sale definitely lives up to the brand's hype; located in a Publix anchored shopping center, there are plenty of businesses nearby that hold a wealth of marketing opportunities as well! These include nearby offices, government buildings, shopping centers and more! By utilizing third-party delivery services to service the area you could expand the catering portion of this business ten-fold! The Subway for sale features the ultra-modern METRO design and will not be due a refreshment for the next five years.
By purchasing this Subway for sale, you are able to become your own boss without the stress of going into business by yourself. You receive a 2-week training program at their location and then in-store training right at your new location. To cover this initial training and the ongoing support, there is a $7,500 transfer and training fee. For use of their instantly recognizable and widely promoted trademark, award-winning recipes, and their successfully proven methods there is an 8% of sales royalty fee. To cover the costs of the provided materials that coincide with their nationwide promotions, there is also a modest 4.5% marketing fee.
The franchise support system features Training, Product development, Advertising, Purchasing cooperative, Field support, and much more. The franchise also offers all of the following:
Access to formulas and operational systems
Store design and equipment ordering guidance
Training program
Operations manual
Representative on-site during opening
Periodic evaluations and ongoing support
Informative publications
This particular Subway for sale is located in a beautifully built out space with a modest rent of only $2,754 a month. That includes taxes and CAMS,! The lease expires in November of 2023 with 2 options for 5 years. This allows you the time and extra money from the low rent to build on top of this already profitable store.

About the Business

Location:
Palm Beach County, Florida
Year Established:
2013
Number of Employees:
5
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,324
Rent:
$2,753.92 Per Month
Lease Expiration:
11/30/2023
Facilities:
4 Hightop Tables 8 Barstools Display Rack 9 Tables 14 Chairs Booth Seating High Chair Fountain Machine Bev Dispenser Bev Cooler-Glassdoor Ice Tea Brewer Keurig Coffee 2 Turbo Chef Cream Proofer Oven Speed Rack Electric Steam Table Hotel Pan 2 Buffet Cold Tables Prep Tables Microwave Three Compartment Sink Walk-in Cooler Mechanical Slicer Tomato Slicer Assorted Pans utensils
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Forget greasy French fries Subway offers a fresh alternative to traditional fast food serving 7 million made-to-order sandwiches a day Subway is the world s largest restaurant chain serving nutritious options and delicious subs soups and salads at a
Growth & Expansion:
Subway has recently partnered with DoorDash Grubhub Postmates and Uber Eats to offer delivery to nearly 9 000 restaurants in the U S Food delivery is expected to grow at least 12 over the next five years according to Technomic
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The owner will provide 14 Calandar Days of training for no compensation

Listing Info

ID:
1641718
Ad Detail Views:
468

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Business Listed by

Ken Eisenband

We Sell Restaurants
License# BK3249847

 Show Phone Number

View My 32 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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