#1 Sub Franchise-Near Train Station In Popular Edgewater Neighborhood!

Chicago, IL (Cook County)

#1 Sub Franchise-Near Train Station In Popular Edgewater Neighborhood!
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Asking Price: $75,000

Cash Flow: N/A

Gross Revenue: $316,316

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,650 /Month

Established: 2004

#1 Sub Franchise-Near Train Station In Popular Edgewater Neighborhood!

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Business Description

Undisputed leader for fast, healthy food in the quick service restaurant industry. Easy-to-prepare tasty sandwiches and salads made-to-order using freshly baked breads, select sauces and a variety of fresh toppings. Along with signature wraps, hot soups, assorted sides, freshly baked cookies and an assortment of drinks.

The brand continues to introduce new opportunities to further increase sales: fresh fit sandwiches/breakfast/ kids’ menu, new sandwiches and healthy meals. In addition to their rewards program and daily/monthly specials. As well as their express service - 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, wrap and cookie platters and boxed to-go meals, all popular for sports & social gatherings, office meetings, birthday & holiday parties, field trips and more.

There’s also the company’s commitment to promoting well-being, helping the community and reducing the impact on the environment with cage-free/free-range eggs, locally sourced vegetables, meats with no artificial preservatives, artificial flavors or colors & multigrain breads, using recycled materials and their fight against hunger worldwide.

Simple operation - counter service. Average weekly sales for 2018 $6,083/wk.

Excellent signage and visibility. Well established over 15 years!

Location: Prime retail space on a busy street next to the red line train station. Surrounded by a vast commercial and residential area.

Perfectly situated in Edgewater, a popular neighborhood along the shores of Lake Michigan just north of downtown Chicago. Famous for its expansive beaches, sprawling parks and eclectic mix of natural & urban beauty. Boasts a skyline full of high-rise apartment buildings, condo complexes and mid-rise homes along with city landmarks. Also known for its boutique grocery stores, specialty farm stands and antique shopping.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please DO NOT talk to any of the employees or patrons.

If interested, contact EatZ for more information. Showings by appointment only.

Listed By Tom Traina at EatZ & Associates

Detailed Information

Location:
Chicago, IL
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
12/31/2022
Employees:
5
Facilities:
Leased space - cheap $2,650/mth gross. Current lease expires Dec 2022 with one 5-year option. Square Feet: 1,100. Seating: 17. Days/Hrs of Operation: Mo-Sa 7a-11p & Su 9a-10p. Value of FF&E: Included in Asking Price.
Competition:
Serves nutritious subs, soups and salads. Offers a fresh alternative to traditional fast food, serving about 7 million made-to-order sandwiches a day. Customers can choose from over 4.9 billion combinations of quality proteins, fresh vegetables and fresh baked breads. The leader in customizable sandwiches made fresh. Boasts fresh veggies, quality food and smarter nutrition. Ranked as the most loved Fast Food Chain in the U.S. Currently, boasts a robust social community around 25 million on Facebook and Twitter each!
Growth & Expansion:
First store opened in 1965, began franchising in 1974. Started small in the USA before becoming the largest string of sandwich shops in the world. The company, founded 54 years ago is still a family-owned business with more than 21,000 dedicated franchisees in communities around the globe. A top brand that is a quick, delicious, nutritious and an affordable choice. Currently, over 44,000 restaurants in more than 100 countries. World’s largest restaurant chain with global brand recognition!
Financing:
No
Support & Training:
Two-week training course at corporate headquarters in Connecticut involving classroom, as well as, hands-on experience at a local store. World class training along with ongoing world-class support for advertising, purchasing and product development!
Reason for Selling:
Downsizing.
Franchise:
This business is an established franchise
Business Website:
http://www.subway.com
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(from currently available funds)
 
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Tom Traina

Business Listed By:
Tom Traina

EatZ & Associates

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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