Subway Franchise For Sale - Be Your Own Boss with Strong Earnings

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Asking Price:
$235,000

Gross Revenue:
$319,498
Cash Flow:
$69,465
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Ready to buy a Subway Franchise for Sale with verifiable sales and earnings? This is the one! Open and operating location is churning out net sales of nearly $320,000 earnings right at $70,000.
Don't work for someone else! Double your earnings and work for yourself in the fast-casual business! This Subway Franchise for Sale is one of the worlds' largest franchise brands for a reason. Excellent support. Proven processes and a brand that is a household name. This Subway Franchise for Sale in Virginia has a strong population of nearly $64,000 and a Median income is $92,800. That means a lot of hungry households who visit this store every week.
Is there lending available? You bet. Bring 20% down and you'll have loan approval with the We Sell Restaurants lenders in three days! We'll help you every step of the way, as you realize the American dream of business ownership and buy this Subway Franchise for Sale.
Why buy a Subway Franchise for Sale like this one? You get all the benefits of owning a mega brand without the risk of starting from the ground up. Entrepreneur Magazine cites some of the reasons it makes a lot more sense to buy an existing unit rather than starting on your own.
You get a Common Brand and Operating Systems along with a business process that's already built and tested. You're not in business by yourself, just FOR yourself with ongoing support. You get both initial training and ongoing coaching.
The earnings of nearly $70,000 generated by this business opportunity includes 8% royalty fees and marketing fees of 4.5% for the number one brand in the world with more than 42,000 locations worldwide. They will train and transfer the remaining term of the agreement on this Subway Franchise for Sale into your name for a nominal fee of just $5000.00 instead of the full cost to acquire just the rights to operate a new unit.
This location is in the center of a large business area that is still growing and just half a mile from the area's High School. Major housing developments are in progress nearby this Subway Franchise for sale that's at the leading edge of the city's new business/residential corridor. The Seller is exiting the business due to Retirement after many successful years.
The lease has a monthly rental rate of is $1832.51, for this 1500 square foot Subway Franchise for Sale. There is NO personal guarantee as Subway corporate is the master tenant on the lease. The business is fully equipped to current brand standards and will convey to the buyer in perfect condition.
Contact us today on this outstanding opportunity!

About the Business

Location:
Chesapeake, Virginia
Year Established:
2006
Number of Employees:
7
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$1,830.00 Per Month
Facilities:
Oven Proofer Bread Retarder Cabinet Tile Top Sandwich Unit Heat Well Baking Pans Cambro Pans Beverage Counter Back Counter 6invh Back Counter Sink Refrigerated Back Counter Safe Microwave Oven Veggie Slicer Slicer Blades Tomato Slicer Menu Board Ice Machine Bread Forms Seating Booths Chairs 60 Trash Unit Counter Gate Hanging Lamps Six Foot Back Counter Table Tops Table Base Decor Package Drink Organizer Cash Register Cash Counter Exterior Sign Side Chairs Two 36inchTables 18 x 30 Tables Walkin Freezer Walkin Cooler Prep Tables Three Compartment Sink Shelving Toaster Oven Bread Cart Snack Counter Interior Sign 22 Security Camera System VTech Phone System
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Chesapeake is the fastest growing city in Virginia Population of zip 23322 is 63 764 Median income is 92 800
Growth & Expansion:
Center of large business area and growing Grassfield High School 1 2 mile away Major housing developments in progress At the leading edge of city s new business residential corridor
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Two

Listing Info

ID:
1671565
Ad Detail Views:
461

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Business Listed by

Robin Gagnon

We Sell Restaurants
License# GA SL327379

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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