Sub Franchise for Sale in Grand Rapids, MI - In High-Energy Area

Grand Rapids, MI (Kent County)

Sub Franchise for Sale in Grand Rapids, MI - In High-Energy Area
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Asking Price: $150,000

Cash Flow: $0

Gross Revenue: $462,169

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,658.12 /Month

Established: 2013

Sub Franchise for Sale in Grand Rapids, MI - In High-Energy Area

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Business Description

Lock Down this Sub Franchise for Sale in a Fantastic Location with a Thriving Local Economy. Generated over $462,000 Last Year! Grand Rapids, Michigan has over 1.4 Million Residents in the Metro Area and is Still Growing!
This sub franchise for sale is right around the corner from several big attractions! You could not ask for a better location, as this store is right off one of the busiest interstates in Michigan. With over 35,000 drivers daily passing your store, you will have lines out the door in no time! The bustling traffic aside, this sub franchise for sale is also in a prime area; surrounded by hospitals, medical and business plazas, and over FIVE K-12 schools within a 5-mile radius. Implementing a weekly catering contract with the school district could double your catering revenue. With all of the growth and expansion around Grand Rapids, there are untapped marketing opportunities around every corner.
This fantastic sub franchise for sale, brought to you by We Sell Restaurants, is part of a mega-brand that has consistently made it within the top 5 of most “Best-Of” lists in the Fast-Casual marketplace. Their desire for high-quality ingredients, award-winning service, and time-tested methods have won them national recognition and praise.
This sub franchise for sale comes with a unique opportunity. They have a strong catering model and menu, and this current store happens to do very well with the catering portion of the business. This is, in part, due to the dense population that surrounds the restaurant. You could double or triple this revenue stream by taking advantage of the endless untapped marketing opportunities within just 5-miles!
This sub franchise for sale has a beautifully built out 2,028 square foot space. Seating up to 55 hungry guests in the gorgeous dining area. If you don't feel like being inside during a nice Michigan summer afternoon, there is a phenomenal space outside that seats up to 10! Guests can enjoy their freshly prepared meals while enjoying the nice fresh air. Monthly rent for this stunning sub franchise for sale is only $5654.00 all-in! The rent expires on August 22, 2022, at which time there is one option for a 5-year renewal.
This sub franchise for sale is a part of something so much more! If you want to go into business for yourself but feel a little overwhelmed being BY yourself - this is for you! This mega-brand is one of the top-performing fast-casual sandwich brands in the nation. Upon purchase of this sub franchise for sale, there is a $10,000 transfer fee. This covers the initial six-week intensive training, as well as ongoing support. For use of their beloved and instantly recognizable trademark, award-winning recipes, and repeated successfully proven methods, there is a modest 6% of sales royalty fee. To cover materials that coincide with the brand's nationwide promotional campaigns, there is also a small marketing fee of 4%.
There are two scenarios; the first gives you tremendous headaches and debt as you race to turn an empty space into a restaurant. Upon opening, you are already in debt! By year 3, you finally break-even. The second scenario is this; starting out by purchasing this sub franchise for sale. You open without debt, you are in a fantastic area, you have a fully outfitted and operating business; no headaches required! So, contact the restaurant brokers today and secure your tomorrow!

Detailed Information

Location:
Grand Rapids, MI
Real Estate:
Leased
Building SF:
2,028
Lease Expiration:
8/22/2022
Employees:
19
Facilities:
SANDWICH SALAD PREP MEGA TOP W NUMBER 910275 874659 CUTTING BOARD AND BRACKET SANDWICH SALAD UNIT MEGA TOP 2 DOOR 18 SIXTH 4IND PANS 1 EA MERCHANDISER REFRIGERATED 1 DOOR BLACK LEFT HINGED 1EA Small wares Existing Franchise Terms and Renewals CASTERS FOR REFRIGERATORS FREEZERS 1EA CONVEYOR OVEN HOLMAN 208V LEFT TO RIGHT OPERATION 1EA STACKING KIT FOR HOLMAN TOASTER 214HX LEFT TO RIGHT 1EA STEAMER DELUXE120V DIRECT WATER DUAL WATER PRESSURE REGULATOR FOR STEAMERS 1EA WORK TABLE 30X60 ALL STAINLESS 1EA WORK TABLE 30X72 ALL STAINLESS 1 EA WORK TABLE 30IN X 84IN ALL STAINLESS STEEL 1EA CASTER 5IN EXPANDABLE W O BRAKE CON 19AWB 5IN EXPANDABLE CAST W BRAKE WORK TABLE 30X96 ALL STAINLESS 1 EA CASTER 5IN EXPANDABLE W O BRAKE CON 19AWB 5IN EXPANDABLE CAST W BRAKE SHELVING 24 X 36 GREEN EPOXY 4EA CS SHELVING 24 X 60 GREEN EPOXY 2EA CS SCALE ELECTRONIC PORTION CONTROL DIGITAL 4EA CS SCALE RECEIVING DIGITAL STAINLESS STEEL PLATFORM 4EA CS SLICER TOMATO 3 16IN SLICE DELI WRAP HOLDER CUSTOM 1EA BAG HOLDER STANDARD 8IN H FOR SUBS 1EA DISPLAY RAIL FOR SUBS 1EA WARMER COUNTER TOP 12IN X 20IN 120V 1200W 1EA CS MICROWAVE 1000 WATTS DIAL TIMER SS FRONT 120 60 1 1EA BRACKET FOR BRACING SLICER TABLE 2EA SET BAR STOOL FRAME ONLY LADDER BACK RED SEAT CUSHION RED FOR RED LADDER BACK CHAIR OR BAR STOOL FRAME TABLETOP CUSTOM 24X30 DALMATIAN TABLETOP CUSTOM 24X48 DALMATIAN BASE ONLY 22 X 22 BLACK 1EA BASE ONLY 22 X 30 BLACK 1EA COLUMN ROD AND SPIDER 1 PC TRASH CABINET CUSTOM DIAMOND PLATE FRONT HIGH CHAIR W SAFETY STRAPS NATURAL WOOD 1EA SINK 1 COMP 18X18X12 LEFT 18IN DRAINBOARD 1EA SINK 3 COMP 18X18X12 R AND L 18IN DRAINBOARD 1EA HANK SINK W SIDE R AND L SIDE SPLASH INCLUDES FAUCET 1EA PRE-RINSE UNIT WALL MOUNT BASE FAUCET 6IN WALL BRACKET 1EA FAUCET ADD ON FOR PRE-RINSE 12IN NOZZLE W 3IN NIPPLE 1EA FAUCET SINK MIXING 12IN SWING NOZZLE WALL MOUNT 8IN CENTERS FREIGHT CHARGES SLICER VEGETABLE ADJUSTABLE SS BLADE 1 EA PORTABLE BASE FOR SLICERS AND SHREDDERS 1 EA CHAIRS CAN OPENER HAND FIRM GRIP 1EA REFRIGERATOR REACH IN 3 SECT STAINLESS STEEL FRONT 1EA REFRIGERATOR REACH IN 2 SECTION SS FRONT W LOCKS 4IN CASTORS 1
Competition:
Tons of offices shopping centers grocery stores and more surround your sub franchise for sale Has busy catering side as the area is heavily populated with businesses
Growth & Expansion:
Great location with hospitals neighborhoods and apartments with plenty of businesses and schools providing a push for the catering portion of the business As it sits right off one of the busiest interstates in the city you can buy up more franchi
Support & Training:
6 Weeks Franchise Training
Reason for Selling:
New Career
Franchise:
This business is an established franchise
Business Website:
http://www.wesellrestaurants.com
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Robin Gagnon

Business Listed By:
Robin Gagnon

We Sell Restaurants

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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. Indicates membership in The Georgia Association of Business Brokers (GABB).


Sponsoring Broker:
Eric Gagnon

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