#1 Sub Franchise - Only one on the island of 30,000 people

Seattle, WA (Kitsap County)

#1 Sub Franchise - Only one on the island of 30,000 people

Asking Price:$425,000

Cash Flow:$85,000

Gross Revenue:$447,000

EBITDA:N/A

FF&E:$35,000

Inventory:$4,000*

Established:2011

*not included in asking price.

#1 Sub Franchise - Only one on the island of 30,000 people

Get Financing Save Print Share Valuation Report

Business Description

#1 Sub Franchise - On an Island all to yourself!

An outstanding opportunity to own the #1 Sub franchise on an Island that won't allow major franchises to open any longer. This store is only 5 years old and looks great. This restaurant has major upside, especially with an owner operator and has significantly better sales volume in the past with an owner operator.

Call today to discuss this fantastic opportunity.

Detailed Information

Inventory:
Not included in asking price
Employees:
7 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Sub Franchise occupies 1400 square feet and the lease is good through June of 2020 with a 5 year option. This restaurant is unique because the island it is located on, just outside of Seattle, won't allow major franchises anymore but this one was grandfathered in a few years back.
Competition:
As the #1 Sub franchise, you have the island of nearly 30,000 people to yourself as they don't allow major franchises any longer. A few other franchises currently exist but none in this market segment.
Growth & Expansion:
This restaurant is currently ran absentee but an owner operator would benefit this location greatly. The current owner has done very little in the way of local marketing.
Financing:
NO
Support & Training:
Two weeks training at corporate in CT and then 2 weeks by current owner. More can be negotiated but not generally needed.
Reason for Selling:
Returning to great job opportunity at Microsoft
Business Website:
http://www.subway.com

Listing Statistics for Premium Members

Ad#:1283839 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Jamey Davis

Business Listed By:
Jamey Davis

Business Sales Northwest

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Shoney’s North America LLC

Franchise Opportunity
Capital Required: $696,100