Subway Sandwich Franchise

Medford, OR (Jackson County)

Seller Financing Available
Subway Sandwich Franchise

Asking Price:$135,000

Cash Flow:N/A

Gross Revenue:$373,000

EBITDA:$33,505

FF&E:$60,000

Inventory:$3,000*

Rate/Sq. Ft.:$2,230.00

Established:2000

*not included in asking price.

Subway Sandwich Franchise

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Business Description

Historically the sellers best store out of the four she owns all opened from day one. Price includes $3,000 inventory. Given the sales history of this store an owner operator will grow sales very rapidly to it's historical level and take home between 90 to $100,000 yr. Existing payroll is over $8,600 per month. an owner operator will reduce payroll to approx. $4,000 per month.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Expiration:
9/30/2017
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Present absentee owner opened in 2,000. This store has had a manager operating it for over 10 years. Store shows well and has a drive thru window. franchisor will require the store to be updated or remodeled in the future. to open a new Subway today will cost over $250,000.
Competition:
There is a fast food restaurant in the area, along with a privately owned pizza restaurant. Prime location with main street traffic. A new Walgreens is going in just down the street.
Growth & Expansion:
This store has survived almost 3 years of downturn because of freeway construction and blockage to exit the off ramp. In addition, the downtown area has gone through a complete renovation for the past 2 years. FINALLY all is completed. seller own's several stores. Prior to all the construction and renovation this store was the seller's top volume store with sales exceeding $460,000 yr. With seller financing this store is a STEAL
Financing:
Seller will finance
Support & Training:
Subway Franchisor will require buyer to attend 2 weeks of training in Milford,Connecticut. The typical buying process will take approx. 3 to 4 months. It is much quicker with owner financing.
Reason for Selling:
Seller has some serious health issues

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michael marich

Business Listed By:
michael marich

The Capital Group

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