SIGNIFICANT PRICE REDUCTION! Subway in Stead for Sale!

Reno, NV (Washoe County)

SIGNIFICANT PRICE REDUCTION! Subway in Stead for Sale!
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Asking Price: $160,000

Cash Flow: $90,093

Gross Revenue: $477,800

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2010

SIGNIFICANT PRICE REDUCTION! Subway in Stead for Sale!

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Business Description

Don’t miss this opportunity to own a franchise with global brand recognition! This Subway in Stead is in a high-profile location with great parking, and has been here for nearly 20 years. Very loyal customer base. Owner is selling due to death in the family. Business has been absentee run for years.

The Gross Sales and Cash Flows are 2017's. 2018's dipped because of the passing of the owner.

From a business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #3 Most Business-Friendly Tax Climate.

Detailed Information

Location:
Reno, NV
Employees:
7
Competition:
Subway gets a lot of press due to their brand – which means free advertising for the Franchisee. ESPN carries a lot of Subway ads and they have a huge, continuous audience. Since 2001, Subway has been recognized as one of the top 5 franchises, beating out McDonald's!
Growth & Expansion:
Stead is experiencing rapid growth – which translates to new customers! The proximity of the location to the Air Force Base means new Owner could tap into catering. Returning the store hours to 24/7 vs having a closing time will undoubtedly bring back the income that has been lost with the new hours.
Support & Training:
2-Week Training at Franchise School in CT, then Field Consultant comes to the location for 2 weeks to help with the transition/do the training.
Reason for Selling:
Death in family as well as commuting issues, as Owner lives out of state.
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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