Seller's Contact Information
- RE: Subway Franchise For Sale - Newly Renovated!
- Contact: Robin Gagnon
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $183,177 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $23,421 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 5 | |
BBN Listing #: | 71978096 | |
Broker Reference #: | 8993 |
Business Overview:
Bring your American Dream to life with this Subway Franchise for Sale in Cleveland Ohio. This an amazing opportunity for any restaurateur looking to join a successful brand with more than 41,000 restaurants in more than 100 countries across the globe! SBA Lending is available with just 20% down. Get approval in days!!
If you are passionate about serving customers and your community then this Subway Franchise for Sale is for you. This opportunity can help you get started with the fundamentals of running your very own successful restaurant without having any upfront costs or waiting on lengthy build-out schedules. Since opening their first local sandwich shop in 1965, Subway has been committed to providing its franchisees an outstanding support structure and the training and ongoing education necessary to help build a smart, efficient, well-supported business wherever it’s located.
We Sell Restaurants loves presenting opportunities like this Subway Franchise for Sale to buyers. This location comes with built-in benefits from the brand including global recognition, no cooking necessary operation, modern decor, adjustable staff levels, an extensive training program, on going operational support and more! All of this and more is covered by their franchise fees with 8% of sales going to royalties and 4.5% of sales going to marketing.
The 1200 square foot Subway Franchise for Sale is perfectly sized with 24 seats for inside dining. Great lease terms with all in rent at just $2,271 including CAMS, Taxes and Insurance charged by the landlord! This fantastic lease is valid through March 31 2024 with options to renew available. The store is in located in a corner unit of a high office building area and it is surrounded plenty of businesses, doctor's offices and apartment complexes, which means plenty of local, hungry customers!
This Subway Franchise for Sale is well established and has been fully operational since 2006. With only a small efficient team of 5 to run and room to expand hours and catering opportunities, this location has plenty of room to grow with the right owner in place. Additionally, the brand will provide their word class training of 2 weeks to the new owner! This and the transfer of the current Franchise Agreement in place is covered by the $7,500 transfer fee.
A globally known brand, newly renovated location, great lease terms and untapped potential: this Subway Franchise for Sale is a deal you won't want to miss. And all for just $149,000. Call We Sell Restaurants today to make an offer as this opportunity won't last long!
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Property Features and Assets:
1 Beverage Fountain Machine 2 Ice Machine 3 Register Counter 4 Duke Cold Well Sandwich Unit Vegetables 5 Duke Cold Well Sandwich Unit Meat 6 Duke Hot Well 7 Hand Sink 8 Back Counter Refrigerator 9 Toaster Oven Turbo chef 10 Duke Bread Oven Proofer 11 Bread Cabinet 12 Prep Table 13 Bread Cart 14 Veggie Sink 15 Three Compartment Sink 16 Nor lake Cooler with Storage Rack 17 Nor lake Freezer with Storage Rack 18 Wire Rack Storage 19 Microwave Menu master 20 Tomato Slicer 21 Easy Slicer veggies 22 Retarder 23 Bottle Beverage Cooler 24 BIB Rack 25 To Go Rack 26 Chips Rack 27 Furniture Dine in
Market Competition and Expansion:
•Less hours a day then all most any store. •Get weekends off (but could be left open if you want to get a profit) •You have a big parking lot which is hard to get in downtown area. 2 Week Training before or after closing on buyer’s request.
Reason for Selling:
Retirement
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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