Profitable SUBWAY in a stand-alone building!

OH

Profitable SUBWAY in a stand-alone building!
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Asking Price: $100,000

Cash Flow: $152,335

Gross Revenue: $821,150

EBITDA: N/A

FF&E: $80,000

Inventory: $5,200

Real Estate: $500,000*

Established: 2005

*not included in asking price.

Profitable SUBWAY in a stand-alone building!

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Business Description

Look at this amazing family-owned SUBWAY Franchise business for sale! This is a unique opportunity to acquire a successful, 14-year owned SUBWAY Brand Franchise, an industry leader of affordable fresh and healthy sub shops. It is located in the beautiful countryside of Ohio in a stand-alone building in a rural community. The restaurant sits on a primary road servicing several small communities with little to no competition in the area. This SUBWAY has received an "A" performance rating from the franchise DA (Development Agent) district almost every month (about 300 SUBWAY locations in Ohio) which speaks highly of the sales and quality standards to which this owner adheres. The locals love eating there and it is open 7 days a week catering to community events, school activities and people wanting to pick up a quick, fresh meal.

The owner wishes to sell the SUBWAY and the real estate where it is housed, priced separately, to the same buyer.

Note: There is a transfer fee the new owner will need to pay in order to purchase the SUBWAY franchise business. Franchiser approval and training are also required.

Serious inquiries only please. Seller and Broker require that a NON-Disclosure Agreement and financial form be completed before details of the listing may be disclosed.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
3,300
Employees:
4 FT / 17 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building in which the SUBWAY franchise is situated is on a large piece of property with lots of parking and there is some additional outdoor seating. The SUBWAY store utilizes 465 sq. ft. and seats 10, although there is additional seating available and could easily be expanded. There have been many recent capital expenditures made for improvements to the building and to procure equipment, furniture and fixtures. A new $4,600 Bane hot/cold section, for example, was added to the Subway store in 2017. The building is well maintained and would be a great investment. Approximately $80K worth of furniture, fixtures and equipment included in sale.
Competition:
There is really little competition in the area.
Growth & Expansion:
The sales figures for the restaurant are strong, however, the owners only work in the business part-time and are in the retirement mode. They realize there is room for more revenue for someone with fresh zeal and a willingness to work in the business full time. The cash flow could be significantly increased by a more thorough monitoring of COGS and expenses and employee-related costs. Detailed sales reports can be generated to show the buyer where improvements can be made. One LARGE positive point that should be made is the fact that the restaurant is situated across from high-traffic buildings and near an active long-term construction site which brings new short-term and long-term sales activity. This business should offer positive cash flow even if the buyer pays managerial costs and purchases the real estate. Cash flow from Subway: $60,856.00 (excludes manager salary and any debt service related to the purchase of the business or real estate). Cash flow from additional business included in sale: $91,479.00 (excludes manager salary and any debt service related to the purchase of the business or real estate). NOTE: A cash flow analysis can be provided by the Broker for valuation purposes only. Buyers will need to perform their own due diligence.
Support & Training:
The owners will remain for 30 days to support the new owner(s) during transition. There is also a two (2) week training required by the franchiser for any new buyer (ask Broker for details).
Reason for Selling:
Retiring
Franchise:
This business is an established franchise
Business Website:
http://www.biztsfr.com
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Contact the Seller

(from currently available funds)
 
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Tara Kueker

Business Listed By:
Tara Kueker

Business Transfer Specialists

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Memberships & Certifications:
Indicates membership in the Ohio Business Brokers Association (OBBA).

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