Subway Franchise for Sale Ready for New Owner! Strong Earnings

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Asking Price:
$235,000

Gross Revenue:
$367,822
Cash Flow:
$69,351
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Bring your offers on this Subway Franchise for Sale. You get automatic earnings from legacy location with retiring owner. Sales volume of $367,822 nets an owner operator nearly 19% or roughly $70,000!
This Subway Franchise for Sale is located in a large shopping center with a new high volume grocery stores as an anchor. Loyal customer base in surrounding community which is growing rapidly with housing starts ongoing in multiple directions. This store is at an intersection on a busy route for two major cities.
This Subway Franchise for Sale produces strong earnings. That's why the We Sell Restaurants lending resources are ready to go if you bring just 20% to the table as a down payment! That's it! You can be part of the largest restaurant chain in the world with a minimal investment that delivers a very strong return! We'll have you approved in days, not weeks!
You get a fully outfitted operation at this Subway Franchise for Sale that is ready to go and meets the current brand standards. Money making store has a strong site in the marketplace and full occupancy cost is just $3091.17 per month. The current lease is valid through 2021 and the 1400 square foot size is just right for a simple to run operation.
The Subway Franchise for Sale is turnkey ready to continue sales of nearly $370,000 under your ownership as 13 employees are willing to remain in place after the sale. Menu and full training all transfer in the exchange of this location. Full training is provided for two weeks by the seller on top of the best in class commitment by the franchise to get you ready to operate. Operating hours are just 8am-9pm Monday through Friday and 9am-9pm Saturday and Sunday. No alcohol. No frying. No late nights!
Buy this Subway Franchise for Sale opportunity with royalties of only 8% of sales. The marketing fee is just 4.5% of sales. You get the benefit of a major brand for pennies on each transaction. The franchise transfer fee is $5000.00. This amount covers your training, along with the legal work to assign the remaining term of the franchise agreement and all option years to you. Buy this unit today and begin taking home money in your own business tomorrow!

About the Business

Location:
Chesapeake, Virginia
Year Established:
2006
Number of Employees:
13
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,400
Rent:
$3,094.00 Per Month
Lease Expiration:
10/31/2021
Facilities:
Walkin Freezer Walkin Cooler Retarder Cabinet Refrigerated Back Counter SS Work Table Three Bay Sink Beverage Counter Back Counter With Sink Safe Shelving Microwave Oven Tomato Slicer Veggie Slicer Turbo Chef Oven Toaster Bread Cabinet Half Bread Rack Bread Pans Kids Pack Stand Floor Stand Wall Art Sandwich Units Hot Well Cash Counter Tables and Chairs Trash Receptacle Fans
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Chesapeake is the fastest growing city in Virginia Population of zip code 23322 is 63 764 Median income is 92 800
Growth & Expansion:
Large shopping center with a new Kroger market place as anchor Loyal customer base Housing starts ongoing in multiple directions Intersection is busy route between Chesapeke and Virginia Beach
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Two

Listing Info

ID:
1671566
Ad Detail Views:
634

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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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