Profitable Subway for Sale (Great location, Low rent)

MA

Profitable Subway for Sale (Great location, Low rent)
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Asking Price: Get Financing: $150,000

Cash Flow: $79,000

Gross Revenue: $341,000

EBITDA: N/A

FF&E: N/A

Inventory: $2,500*

Lease Rate: $2,273 /SF/Month

Established: 2006

*not included in asking price.

Profitable Subway for Sale (Great location, Low rent)

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Business Description

This is a franchised submarine sandwich restaurant. It grossed more than $340K+ and nets approximate $79K+ in the year 2017 and the 2018 numbers higher than 2017. This is completely an owner absentee run and having a motivated owner putting part or fulltime efforts can increase the numbers easily. Established in 2006, The business is situated in a busy strip mall with big-box retailers, Gym, doctors, Pharmacy store and other restaurants.
The rent is very low $2273 per month till 2022 which is excellent compared to the location. The owner has the option to extend the lease for 5 years with a minimal rent increase.
The owner has recently upgraded to brand new POS system as of May 2018.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,243
Lease Expiration:
N/A
Employees:
2
Facilities:
Approximately 1243 square feet store with ample parking.
Growth & Expansion:
The business has been managed by the owner with sporadic visits and relies completely on employees since 2013 due to other interests. Active management can improve the numbers greatly and also can reduce the payroll and misc expenses.
Support & Training:
Subway (Doctor's Associates Inc) provides training to new franchises and the Owner is willing to provide support as necessary for the transition.
Reason for Selling:
unable to spend enough time.
Franchise:
This business is an established franchise
Business Website:
http://www.subway.com
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Business Listed By:
Patel

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