Subway Franchise $25,000 Down + inv.

Phoenix, OR (Jackson County)

Seller Financing Available
Subway Franchise $25,000 Down + inv.
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $366,000

EBITDA: N/A

FF&E: $60,000

Inventory: $3,000*

Established: 2005

*not included in asking price.

Subway Franchise $25,000 Down + inv.

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Business Description

Long Established Subway sandwich franchise with drive thru window. Lease expires December 31, 2022 with a five year option. Approx. 1,500 sq. ft. Present owner is absentee and has a payroll in excess of 33%. A full time working owner will bring payroll down to about 18%. That is a significant savings on sales of $366,000 per year. Seller will finance with $25,000.00 down. The transfer fee for a new franchisee is $7,500 paid by the buyer. Buyer will have to fill out the Subway financial application on line and contact the Medford DAI office to take the Subway test before they can go into contract with the Seller.

Detailed Information

Location:
Phoenix, OR
Inventory:
Not included in asking price
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Clean throughout. Shows well. Subway may require new franchisee to remodel in approx. 2-3 years.
Competition:
Yes there are other food establishments in the area, pizza, fast food, etc.
Growth & Expansion:
This store has had two absentee owners in the past several years. This store is ideal for an owner/operator who is willing to work full time in the first 2 to 3 years to get the volume up an then put a manager in the store.
Financing:
45,000
Support & Training:
Once buyer has passed the test buyer will work for 40 hours at a Subway store in Medford before they will be formally approved and finally be scheduled to attend 2 weeks of training in Milford, Connecticut.
Reason for Selling:
Other business interests
Franchise:
This business is an established franchise
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(from currently available funds)
 
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michael marich

Business Listed By:
michael marich

The Capital Group

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