VERY profitable Sub Shop generously priced!

Norfolk, VA (Norfolk City County)

VERY profitable Sub Shop generously priced!
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Asking Price: Get Financing: $350,000

Cash Flow: $169,800

Gross Revenue: $540,000

EBITDA: N/A

FF&E: $150,000

Inventory: $2,000*

Lease Rate: $40,500 /Year

Established: 2005

*not included in asking price.

VERY profitable Sub Shop generously priced!

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Business Description

Your opportunity to own a money making SUBWAY® with excellent financials and great rent deal in place!. Talk about location location!!
Established store 13 years young, operating semi-absentee with a full staff.
Join the world’s largest sandwich chain ranked the #1 Franchise and you’ll get the support and experience that comes with it! A proven business and a winning brand that keeps customers coming back for delicious meals made just the way they want!

This deal will not last long. Call today for more info!

SUBWAY® is the undisputed leader in fast, healthy food. Our easy-to-prepare sandwiches are made to order right in front of the customer, precisely the way they want - using freshly baked breads, select sauces and a variety of delicious toppings.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
7/31/2023
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The store is surrounded by other retail, office buildings and a dense residential area with plenty of parking.
Competition:
This sandwich franchise chain is the undisputed leader in fast, healthy food. The easy-to-prepare sandwiches are made to order right in front of the customer, precisely the way they want - using freshly baked breads, select sauces and a variety of delicious toppings. The SUBWAY® franchise system places a focus on making great sandwiches. In fact, it is so great, that many SUBWAY® customers have become franchise owners simply because they believe in the product.
Growth & Expansion:
The SUBWAY® franchise has more locations worldwide than any other fast food chain in the world and each year, our growth creates thousands of new job opportunities across the globe. With the SUBWAY® franchise system’s outstanding support structure and operational history, it’s no surprise that its global growth continues to accelerate. SUBWAY® is the #1 Quick Service Restaurant brand by total store count. In most years, about 70% of new franchises are purchased by existing owners.
Support & Training:
When you join the SUBWAY® family, you’ll get world-class support before you even make your first sandwich and well beyond. Our franchise support system features: • Training • Product development • Advertising • Purchasing cooperative • Field support, and much more! New franchisees attend a two week training course at our World Headquarters, or one of our many training centers around the world. Once training is complete, on-going support comes in many forms, including local development offices, e-learning training courses, a weekly newsletter and much more.
Reason for Selling:
Owner is looking to relocate
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Yeliv Jill Adams

Business Listed By:
Yeliv Adams

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