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  • RE:  $47,500 NET Absentee-Run Port Of Sub
  • Contact:  Mike Darmo

Quick Facts

Asking Price: $120,000
Annual Revenue: $415,000
Net Profit: $47,500
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 80059836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for a franchise opportunity that is ran efficiently where you dont have to be there and the place run itself then look no further. This Port of Subs has all the employees in place and sits in a very busy location with tons of foot traffic and has a great lease in place for where it sits at $5000 a month with all CAM's included which expires at 2029 and has a 5 year option after that. The franchise fees are pretty cheap compared to other sub franchises at only 8% of the gross income. There is 5 employees in place with a manager as one of them. The business also averages $35,000 a month in sales and the business needs to be ran by the owner to increase the net profit a month with a huge payroll as the owners are not involved with the daily operation. Run it yourself with a few employees and make an additional $5000 to $7000 per month. This is truly a turn-key operation that is priced competitively and these absentee-run franchise businesses don't last.

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Property Features and Assets:

1800 sq. ft. store front in a busy shopping center with frontage exposure to a busy street

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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