Owner Financing is Available!
Business Overview:
This is an outstanding location in Bellevue area, close to Bellevue Community College. The Bellevue area is home to many businesses, apartments, homes, and condos with a demographic make up that insures the success of this business. This is the only #1 Sub Shop Franchise in this area of Bellevue. There is virtually no competition in this area of Bellevue. The Seller is retiring. This is the #1 Fast Food Franchise in America. The business occupies 1220 sq ft with seating for 20. 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 in must sought after Bellevue. It is surrounded by offices, businesses, apartments, homes and condos. The business occupies 1220 t with seating for 20The base monthly rent is $2,358 plus NNN charges of $450 The Lease runs till 2/28/2013 with a 5 year option to extend the term.
Market Competition and Expansion:
This is an outstanding location in Bellevue area. The Bellevue area is home to many businesses, apartments, homes, and condos with a demographic make up that insures the success of this business. This is the only #1 Franchise shop in this area of Bellevue.The current owner has done very little promotion or advertising in the time he has owned this business. Up until this year he was totally absentee and did not participate in the business on a day to day basis. The new owner could certainly promote the service to the Community College, more of the businesses in the area and the people who live in the area. There is a big need for a delivery service in this area and the new owner could add this service.
Reason for Selling:
The Seller is retiring
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.