#1 Sub Franchise Chicago Lincoln Park-Near DePaul & New Development!

Lincoln Park, IL (Cook County)

#1 Sub Franchise Chicago Lincoln Park-Near DePaul & New Development!

Asking Price:$99,000

Cash Flow:N/A

Gross Revenue:$297,804

EBITDA:N/A

FF&E:$150,000

Inventory:N/A

Rate/Sq. Ft.:$38.18

Established:2003

#1 Sub Franchise Chicago Lincoln Park-Near DePaul & New Development!

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Business Description

Undisputed leader in fast, healthy food in the quick service restaurant industry. Easy-to-prepare tasty sandwiches & salads made-to-order using freshly baked breads, select sauces and a variety of toppings.

The brand continues to introduce new opportunities to further increase sales: the fresh fit breakfast & kids menu, expanded toasted & hot sandwiches, heart healthy meals, their new Flatizzas (pizza on a crispy flatbread) plus daily & monthly specials. As well as their new express service - now customers can place their order online or through their mobile app, ready to be picked up at the store!

Plus they offer delicious and convenient catering with giant subs, piled-high sandwich & cookie platters and boxed to-go meals, popular for sports & social gatherings, office meetings, birthday & holiday parties, field trips and more.

Just remodeled in late 2014 to the newest Metro decor, next remodel not due till 2021. New front doors open to the street!

2015 Average Weekly Sales = $5,727 March 2016 Sales = $6,111 (up 22% over March 2015).

Prime retail space within walking distance to DePaul University and across the street from the former Children’s Memorial Hospital being torn down and replaced with a $350 million dollar new development. This 6-acre property at Halsted and Lincoln/Fullerton will feature 540 upscale apartments, 60 luxury condos and 162,596 sqft of new retail space along with an outdoor recreation area that will also include an outdoor play area for kids.

Construction is starting and should bring a lot of hungry construction workers here to eat until the new tenants move in! Also a heavy foot traffic area - needs an owner operator who will market to the DePaul students, workers on the new construction site as well as local residents and businesses.

Highly confidential listing, please do not discuss with employees or patrons.

Listed by Tom Traina at EatZ & Associates

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
1,100
Lease Expiration:
3/31/2021
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space $3,500/mth includes rent, CAM, insurance and taxes. Current lease expires March 2021 with one 5-year options. Square Feet: 1,100. Seating: 24. Days/Hrs of Operation: Mo-Fr 7a-11p & Sa-Su 8a-10p.
Competition:
Ranked #1 by consumers 2011 Zagat Fast Food Survey for Most Popular, Top Service & Healthy Options in the Mega Chain Category 3rd straight year. 2011 recipient of the MenuMasters award by Nation’s Restaurant News magazine in the Healthful Innovations category. First and only quick service restaurant in 2012 to meet the American Heart Association’s Meal Certification Program nutritional criteria. 2014 Industry Champion by the Produce for Better Health Foundation for the 2nd straight year. Also a top 2013 Quick Service Restaurant Brand and #3 best-perceived brand overall by YouGov; a top QSR for availability of healthy options Technomic 2014 consumers' choice awards; Quick Service Restaurant Brand of the Year - Harris Poll EquiTrend 9th yr in a row; a Top 10 Franchise 2014 Entrepreneur.com; and #1 franchise opportunity 2014 Top 100 Global Franchises list created by Franchise Direct 4th year in a row. Plus recently ranked as the most loved Fast Food Chain in the US, according to Amplicate, a research firm specializing in the public opinions of social media users. Just received the Only “A” on the Eat This, Not That Report in June 2015. Currently boasts a robust social community of over 25 million on Facebook & Twitter!
Growth & Expansion:
First store opened in 1965 and began franchising in 1974. The company, founded 50 years ago is still a family-owned business with thousands of dedicated franchisees in neighborhoods around the world. Quick Service Restaurant names it 1 of the 10 great franchise deals. Currently, over 44,699 restaurants in 111 countries. World’s largest restaurant chain and one of the most recognized brands.
Financing:
No
Support & Training:
Two week training course at corporate headquarters in Connecticut which involves classroom, as well as, hands-on experience at a local store. In addition to ongoing world-class support for advertising, purchasing and product development!
Reason for Selling:
Other interests.
Franchise:
This business is an established franchise

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Tom Traina

Business Listed By:
Tom Traina

EatZ & Associates

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