Business Overview:
Purchasing an existing franchise is not just quick, it also offers you the opportunity for instant brand recognition without having start from scratch. Purchasing this Subway Franchise for Sale allows you to take advantage of sales that are tracking to be at $479,000 in 2023. This store is seeing an incredible growth of 138% sales over last year!
This Subway Franchise for Sale is a winner not only because of its fantastic food, but also due to the loyal customers that love this national award-winning brand. Situated in the ever growing Traverse City which is the It is the largest city in the 21-county Northern Michigan region. This particular store is just minutes from the beach and festivals in the summer, on a constant busy street with lots of catering potential, busiest subway location in the city.
If you're looking for a way to start your own restaurant, but don't want the hassle or expense of building everything from scratch then this Subway Franchise for Sale is a great way get in the industry. While SBA lending is not available on this opportunity the Restaurant Brokers at We Sell Restaurants have lending resources that could offer a line of unsecured credit for the purchase for qualified buyers.
The rent on this Subway Franchise for Sale is a reasonable $1893.39 every month and incorporates both the base lease and CAMS and other expenses charged by the landlord. The lease is valid through November of 2023 and has additional options remaining.
The training received by the franchise brand will help you get it right from day one since the training is comprehensive, and one of the most comprehensive in the industry. To make the deal even sweeter - The seller is offering additional training in addition to the training you receive by the brand, to ensure a smooth transition. This Subway Franchise for Sale like this one comes with the methods, advertising, assistance and more of a major brand.
The equipment and branding are in place at this existing location, and includes everything required to be operating up to brand standards. The best part of purchasing this Subway Franchise for Sale is you won’t spend time waiting to purchase equipment, you can be ringing up your sales on day one!
You get the remaining term of the licensing agreement, along with training and support for a fee of $7,500. No shopping for locations, negotiating with landlords and struggling to find contractors for a build out. You are ready to roll with sales already being generated by this Subway Franchise for Sale.
Marketing is handled at the corporate level you get a national brand trademark use, the process and framework for success. Royalty is charged on net sales and it is 8%. The marketing fee is 4.5% of sales.
This Subway Franchise for Sale is an easily recognized name which is the reason this business will not last long. Contact us to draft an agreement today.
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Property Features and Assets:
Ice Machine
Fountain Coke Machine
Oven Proofer
Bread Cabinet
Bread Rack
Food Baine Hot Well
Subway POS Computer and printer
Cookie Case
Small Beverage Cooler
Merry Chef Toaster oven
Refrigerated Back Counter
Hand Sink Counter
Back Prep Table
3 Compartment Dish Sink
Walk in Cooler plus shelving
Walk in Freezer plus shelving
8 storage racks int he store
back mop sink
Market Competition and Expansion:
Minutes from the beach and festivals in the summer, constant busy street with lots of catering potential, busiest subway location in the city.
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.
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