#1 Sub Franchise Sought After NW Suburb – Busy Downtown Area!

Palatine, IL (Cook County)

Seller Financing Available
#1 Sub Franchise Sought After NW Suburb – Busy Downtown Area!

Asking Price:$49,000

Cash Flow:N/A

Gross Revenue:$281,424

EBITDA:N/A

FF&E:$150,000

Inventory:N/A

Rate/Sq. Ft.:$24.91

Established:2005

#1 Sub Franchise Sought After NW Suburb – Busy Downtown Area!

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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. Continues to introduce new opportunities to further increase sales: the “fresh fit” breakfast & kids menu, expanded toasted & hot sandwiches and their new Flatizzas (pizza on a crispy flatbread).

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

Prime retail space in the bustling downtown area of a sought after northwest suburb! The store is situated in a newly constructed 101,827 sqft building located in the heart of downtown. This 4-story building has street level retail with over 150 workers in the office space above plus is adjacent to the beautiful Metra Station.

Perfect corner spot next to cleaners, hair salon and just across the ample parking lot from a very popular bar with live entertainment. There is also a huge covered parking structure for all and a large industrial park nearby. In addition to being surrounded by a vast residential area of apartments, condos, townhouses and homes!

Simple operation. Tuscan II – next small remodel due now for approximately $25,000.

Gross Income (2015): $5,412/wk = $281,424/yr

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

Listed by Tom Traina at EatZ & Associates

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
1,541
Lease Expiration:
12/31/2016
Employees:
1 Full/3 Part
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space $3,200/mth includes taxes, water, garbage and heat. Current lease expires in 2016 with two 5-year options. Square Feet: 1,541. Seating: 30. Days/Hrs of Operation: Mo-Th 7a-9p & Fr 7a-4a, Sa 8a-4a & Su 9a-6p.
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. Subway 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. Quick Service Restaurant names it 1 of the 10 great franchise deals. Currently, over 44,852 restaurants in 112 countries. World’s largest restaurant chain and one of the most recognized brands.
Financing:
Possibly, to a well qualified buyer with substantial down.
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 purchasing, advertising and product development!
Reason for Selling:
Relocating out of state.
Franchise:
This business is an established franchise

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Tom Traina

Business Listed By:
Tom Traina

EatZ & Associates

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