Profile: Subway - By Far The Best Priced Subway On The Market.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$89K |
| Down Payment: |
$89K |
| Annual Revenue: |
$198K |
| Annual Adjusted Net: |
$39K |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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Highlights Profitable And Efficient Little Business At An Unbelievable Price. Owner Is Running 3 Subways Currently And Needs To Sell One To Make Time For Family. This Is By Far The Best Priced Subway You Will Find On The Market. The Operation Is Small And With Low Rent. Lots Of Growth Potential For A Full Time Owner Operator. Busy Gas Station Location Provides A Large Number Of Potential Customers Every Day.
Franchise Info Royalties Are 8% + 4.5% Coop Advertising. Transfer Fee 9,000 Paid By Buyer.
Marketing Standard Franchise Marketing. Some Valpak Coupons. Full Time Owner/Operator Can Potentially Increase Sales By Focusing On Marketing To Local Schools And Businesses.
Seller's Role In Operation Seller Is A Full Time Owner Operator But Owns 3 Subways And Is Struggling To Keep Up With Managing All 3 Stores. Time Constraints And Family Balance Are The Main Motivations For Selling This Charming Little Business.
2007 Gross: 198K / Net Profit: 39.4K
2006 Gross: 217K / Net Profit: 58K
Size Approx. 500 Sq.Ft.
Seats 2
Rent-Base 2,000 Per Month Total
Expiration: 2012
Employees: Currently None
Owner Hrs: Husband And Wife Work 88 Hours Per Week
New Owner Will Work 55 Hours Per Week
New Owner Will Hire 2 Part Time Employees And That Payroll Is Accounted For
Licenses Franchise, Resale, Bus, Health
Established July 2002
Operating Hours 7 Days: 8am-8:30pm
Reason For Sale Current Owner Owns 3 Subways And Needs More Time With Family
Asking 89K
Inventory 3K Additional
Franchise Transfer Fee: 9K Paid By Buyer
Training 2 Week With Seller + Franchise Training.
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