Tubby's Submarines W/Drive Thru

Detroit, MI (Wayne County)

Seller Financing Available
Tubby's Sub
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Asking Price: Get Financing: $199,000

Cash Flow: N/A

Gross Revenue: $600,000

EBITDA: N/A

FF&E: N/A

Inventory: $7,000*

Lease Rate: $21 /SF/Year

Established: 2001

*not included in asking price.

Tubby's Submarines W/Drive Thru

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Business Description

Tubby's Submarines W/Drive Thru

Tubby's Sub Shop with a drive thru window. free standing building with inside seating and drive thru window. Includes a "JUST BAKED CUPCAKES" Franchise. Recently updated with new furniture, new interior LED lighting and re-surface parking lot. Absentee owned business with great profit potential. Reasonable least with long term options. Option to buy real estate is available.
Down payment $50,000.00. Terms based on buyers experience and financial statement.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
8/20/2025
Employees:
12
Facilities:
2,000 +/- square feet free standing building with good size parking lot. Located on a very busy street.
Competition:
With good local marketing program business could be improved. Delivery is not offered at this time and adding delivery could be additional addition to income.
Growth & Expansion:
Very few restaurants with a drive thru window.
Financing:
Terms
Support & Training:
Tubby's corporation offers a complete training program for new Franchisee's. Tubby's also offers good support program.
Reason for Selling:
Other business
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Contact the Seller

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Joe Nahra

Business Listed By:
Joe Nahra

R.E. Consulting Services, LLC

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