Subway Franchise For Sale - Be Your Own Boss with Strong Earnings

Chesapeake, VA (Chesapeake City County)

Subway Franchise For Sale - Be Your Own Boss with Strong Earnings
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Asking Price: $235,000

Cash Flow: $69,465

Gross Revenue: $319,498

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,830 /Month

Established: 2006

Subway Franchise For Sale - Be Your Own Boss with Strong Earnings

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Business Description

Double your earnings and work for yourself in the fast-casual business!

Ready to buy a Subway Franchise for Sale with verifiable sales and earnings? This is the one! Open and operating location is churning out net sales of nearly $320,000 earnings right at $70,000.
Don't work for someone else! Double your earnings and work for yourself in the fast-casual business! This Subway Franchise for Sale is one of the worlds' largest franchise brands for a reason. Excellent support. Proven processes and a brand that is a household name. This Subway Franchise for Sale in Virginia has a strong population of nearly $64,000 and a Median income is $92,800. That means a lot of hungry households who visit this store every week.
Is there lending available? You bet. Bring 20% down and you'll have loan approval with the We Sell Restaurants lenders in three days! We'll help you every step of the way, as you realize the American dream of business ownership and buy this Subway Franchise for Sale.
Why buy a Subway Franchise for Sale like this one? You get all the benefits of owning a mega brand without the risk of starting from the ground up. Entrepreneur Magazine cites some of the reasons it makes a lot more sense to buy an existing unit rather than starting on your own.
You get a Common Brand and Operating Systems along with a business process that's already built and tested. You're not in business by yourself, just FOR yourself with ongoing support. You get both initial training and ongoing coaching.
The earnings of nearly $70,000 generated by this business opportunity includes 8% royalty fees and marketing fees of 4.5% for the number one brand in the world with more than 42,000 locations worldwide. They will train and transfer the remaining term of the agreement on this Subway Franchise for Sale into your name for a nominal fee of just $5000.00 instead of the full cost to acquire just the rights to operate a new unit.
This location is in the center of a large business area that is still growing and just half a mile from the area's High School. Major housing developments are in progress nearby this Subway Franchise for sale that's at the leading edge of the city's new business/residential corridor. The Seller is exiting the business due to Retirement after many successful years.
The lease has a monthly rental rate of is $1832.51, for this 1500 square foot Subway Franchise for Sale. There is NO personal guarantee as Subway corporate is the master tenant on the lease. The business is fully equipped to current brand standards and will convey to the buyer in perfect condition.
Contact us today on this outstanding opportunity!

Detailed Information

Location:
Chesapeake, VA
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
7
Facilities:
Oven Proofer Bread Retarder Cabinet Tile Top Sandwich Unit Heat Well Baking Pans Cambro Pans Beverage Counter Back Counter 6invh Back Counter Sink Refrigerated Back Counter Safe Microwave Oven Veggie Slicer Slicer Blades Tomato Slicer Menu Board Ice Machine Bread Forms Seating Booths Chairs 60 Trash Unit Counter Gate Hanging Lamps Six Foot Back Counter Table Tops Table Base Decor Package Drink Organizer Cash Register Cash Counter Exterior Sign Side Chairs Two 36inchTables 18 x 30 Tables Walkin Freezer Walkin Cooler Prep Tables Three Compartment Sink Shelving Toaster Oven Bread Cart Snack Counter Interior Sign 22 Security Camera System VTech Phone System
Competition:
Chesapeake is the fastest growing city in Virginia Population of zip 23322 is 63 764 Median income is 92 800
Growth & Expansion:
Center of large business area and growing Grassfield High School 1 2 mile away Major housing developments in progress At the leading edge of city s new business residential corridor
Support & Training:
Two
Reason for Selling:
Retirement
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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