UNDER CONTRACT: Profitable Subway Franchise in SE Ohio

Washington County, OH

Stock SUBWAY Photo Not Actual
Contact Seller

Asking Price: $100,000

Cash Flow: $83,521

Gross Revenue: $395,406

EBITDA: N/A

FF&E: $60,000

Inventory: $2,700

Rent: $1,025 /Month

Established: 2005

UNDER CONTRACT: Profitable Subway Franchise in SE Ohio

Save Print Share Valuation Report

Business Description

Profitable SUBWAY franchise store located in rural Ohio town. If you have been searching for a money-making, well established franchise, this could be a great opportunity! It is situated in an ideal location in town for a food establishment that thrives on family activities, school and outdoor events, etc. There is a large elementary, middle and high school across the street located on property conjoined with beautiful community facilities (tennis courts, outdoor pools, recreation and sports complex, etc.). The current owner performed all of the leasehold improvements at this location. Owner does not work as an in-house employee at this SUBWAY but does perform many of the administrative tasks related to the business (bookkeeping, payroll, accounts payable, etc.).

Note: There is a transfer fee the new owner will need to pay in order purchase the SUBWAY franchise business. Franchiser approval and training are also required.

Serious inquiries only please. Seller and Broker require that a NON-Disclosure Agreement (NDA) and a basic financial form be filled out completely prior to ANY information being released on these businesses. NOTE: The owner owns a second SUBWAY franchise in a nearby town (see separate listing).

**May be an excellent opportunity to qualify for Visa**

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
N/A
Employees:
4 / 8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This particular SUBWAY location is situated in a very attractive shopping center with plenty of customer parking available. This large store will accommodate seating for 35 people and is often used for group events. The kitchen is well equipped with very recent investments made purchasing new equipment (new toaster oven in 2017, for example). This is a large store with modern amenities, including a meeting room that is available for parties and community events. Note: Please refer to attached equipment list.
Competition:
There is very little competition to this Subway location. The nationally known, sandwich shop is located directly across from the town high and elementary schools, and close to very nice specialty shops and other businesses.
Growth & Expansion:
This SUBWAY is located in a quaint, rural Ohio town of about 2000 residents. Monthly reports generated by the Franchiser are available for review and show healthy sales figures compared to other SUBWAY locations in their district ("DA reports")and receives very good DA ratings. The current owner also owns a SUBWAY located in another town close by which can also be purchased (ask broker for details)to add income for the buyer. The owner is absent from this business and pays a manager to run the daily operation. The owners know that they could do a better job controlling food costs. If the new owner decides to work in the business, the profitability should increase by controlling COGS (which are higher than the national average). Sales could be significantly increased by a new owner who is planning on actively working in the store monitoring COGS, interacting with employees and building a relationship with the locals. Please note the $83K cash flow is calculated as SDE (Seller's Discretionary Earnings) and includes an add-back adjustment assuming the new owner will work in the business in place of the manager (who earns $17K per year). If you keep the manager in place, then subtract 17K from the 83K SDE / Cash Flow represented).
Support & Training:
The owners will remain on for 30 days to support the new owner(s) during transition. There is also a two (2) week training required by the franchiser for any new buyer (ask Broker for details).
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Tara Kueker

Business Listed By:
Tara Kueker

Business Transfer Specialists

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the Ohio Business Brokers Association (OBBA).

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1518394 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


DMK Burger Bar

Franchise Opportunity In OH
Capital Required: $328,500