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

Chicago, IL (Cook County)

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

Asking Price:$199,000

Cash Flow:N/A

Gross Revenue:$379,028

EBITDA:N/A

FF&E:$150,000

Inventory:N/A

Lease Rate:$2,615 /Month

Established:2004

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

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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, plus daily & monthly specials.

And their commitment to Stay Fresh - cage free eggs, locally sourced vegetables, meats with no artificial preservatives, artificial flavors or colors, multigrain breads and recycled materials. As well as their new express service - now customers can place their order online or 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.

Simple operation - counter service.

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.

Absentee owner.

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

Showings by appointment only..

Listed by Tom Traina at EatZ & Associates

Detailed Information

Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
12/31/2017
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space - cheap $2,615/mth includes rent, CAM, insurance and taxes. Current lease expires Dec 2017 with one 5-year option. Square Feet: 1,100. Seating: 17. Days/Hrs of Operation: Mo-Fr 7a-11p & Sa 8a-11p & Su 9a-10p.
Competition:
2011 recipient of the Menu Masters Award by Nation’s Restaurant News in the Healthful Innovations Category. 2012 Zagat Survey Awarded Subway in 3 Categories; Health Options/Best Service/Most Popular Restaurant in the Mega Chain Category 4th straight year. First/only quick service restaurant in 2012 to meet the American Heart Association’s Meal Certification Program nutritional criteria. Also a top 2013 Quick Service Restaurant Brand & #3 Best-Perceived Brand overall by YouGov. 2014 Industry Champion by the Produce for Better Health Foundation 2nd straight year. Winner of the 2014 Canstar Blue Most Satisfied Customers Award for Quick Service Restaurants 3rd year in a row. A top QSR for availability of healthy options-Technomic 2014 consumers' choice awards. Received the Only “A” on the Eat This, Not That Report in 2015. 2016 Sandwich Shop Restaurant Brand of the Year-Harris Poll EquiTrend 6th year in a row. Ranked #3 in Restaurant Business 2016 Top 500 Sandwich Chains. Ranked #35 in the Top 500 Franchise 2017 List-Entrepreneur.com & ranked #4 franchise opportunity-2017 Top 100 Global Franchises by Franchise Direct. Plus, ranked as the most loved Fast Food Chain in the U.S., according to Amplicate, a research firm specializing in the public opinions of social media users. 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. A top brand that is delicious, nutritious and an affordable choice. Quick Service Restaurant names it 1 of the 10 great franchise deals. Currently, over 44,595 restaurants in 112 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 involving 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:
Downsizing.
Franchise:
This business is an established franchise

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Tom Traina

Business Listed By:
Tom Traina

EatZ & Associates

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