Tubbys sub shop

Taylor, MI (Wayne County)

Tubbys sub shop
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Asking Price: $360,000

Cash Flow: $144,000

Gross Revenue: $565,000

EBITDA: N/A

FF&E: N/A

Inventory: $6,000*

Real Estate: $500,000*

Established: 1991

*not included in asking price.

Tubbys sub shop

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Business Description

High profitable sub shop franchise restaurant in downriver area

This established turn key location provide a law risk, minimal investment, solid return on investment and proven track record. Same owner for 21 years. No experience required,franchiser application and approval required, great business for first time buyers or long term investor. Easy to run with part time employees. Great support and training program provided by franchiser. Grate opportunity to increase sales by simply providing great customer service to Center employee and customers. Adding delivery catering to the store, business, school and events will increase the sale even more.

Detailed Information

Location:
Taylor, MI
Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
1,500
Facilities:
This is a great opportunity to own a beautiful franchise Sub Shop near DETROIT of Wayne County. Established in with good rent rates and terms, this store shows beautifully with all equipment in GOOD condition. Some additional creative advertising/marketing along with adding a catering program, you have HUGE potential. This established turn key location provide a low risk, minimal investment, solid return on investment and a proven track record.
Competition:
It is very hard to compete with Tubbys sub sandwich shop franchise especially when it is surrounded by huge population like this one. Great busy area for all restaurant. All businesses has been in same area for a long time. Business is growing every year.
Growth & Expansion:
2019 is best year so far profit can be up 10 to 20 k Owner operator income up to 183k. For 50 hours a week.
Financing:
Business only $360000 rent $3500 month with real estate value $850000
Support & Training:
The franchise support system features: Training, Advertising, Field support, and much more. Transfer Fee is $$$ Royalties are 6% Advertising is 3.5%.
Reason for Selling:
Moving out of state.
Franchise:
This business is an established franchise
Business Website:
http://Tubbys.com
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Business Listed By:
Patel

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