Business for Sale Overview:
This business has an outstanding location on Queen Anne and is close to the Seattle Center. It is surrounded by offices, businesses, and condos. There is virtually no competition. The current owner has done very little promotion or advertising and has been totally absent from the management and day to day operation of the business. This is the #1 fast food Franchise in America. The business occupies 960 sq ft with seating for 16. The volume on this store has been increasing monthly and with the new promotions being offered by Subway it should skyrocket. The new owner could easily add a delivery service which is in huge demand in this area. The Franchise fee is 8% - Ad Fund Fee is 4.5% and the Transfer fee is $7,500. This is priced to sell fast.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This business has an outstanding location on Queen Anne. It is surrounded by offices, businesses, and condos. The business occupies 960 sq ft with seating for 16. The base monthly rent is $3,318 plus NNN charges of $795. The Lease runs till 10/31/2013 with a 5 year option to extend the term.
Market Competition and Expansion:
This is the only sub shop in the surrounding area. The area is the home to many businesses and there are a number of surrounding businesses that frequent the business for lunch and dinner.The current owner has done very little promotion or advertising and has been totally absent from the management and day to day operation of the business. The new owner could certainly promote the service to more of the businesses in the area and the people who work there. The Taco del Mar that was next door has closed down and this will certainly increase the ongoing business. The volume on this store has been increasing monthly and with the new promotions being offered by the Franchisor it should skyrocket. There is a big need for a delivery service in this area and the new owner could add this service.
Reason for Selling:
The owner is absent from the day to day operation
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.