Subway Franchise Resale in Grand Rapids

Grand Rapids, MI
Kent County


Asking Price: Annual Revenue:
$235,000 $398,256

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Subway Franchise Resale in Grand Rapids Broker: Robin Gagnon

Quick Facts

Asking Price: $235,000
Annual Revenue: $398,256
Net Profit: Not Disclosed
Cash Flow: $65,494
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1987
Employees: 11
BBN Listing #: 28298096
Broker Reference #: 8450

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Business Overview:

Looking for a profitable Subway Franchise Resale? Look no further! Sales of $398,256.30 is generating an owner benefit of more than $65,000 ready for new owner. Join a mega brand that started from humble beginnings. They started small in the USA before becoming the largest string of sandwich shops in the world. Lending is no problem with numbers this great, as little as 20% down could get you qualified for SBA Lending!

If you have always thought of owning your own restaurant than this Subway Franchise Resale is a great opportunity. No need to start from scratch and spend the money, time, or hassles of waiting on a build out to be complete. Instead, become a part of franchise that has been delighting customers with fresh, healthy food options since 1974. Subway is the #1 restaurant chain in total count with more locations than any other chain in the Quick Service Industry.

Lending is no problem with a profitable Subway Franchise Resale like this one in Michigan. We Sell Restaurants can get you in contact with our lender resources that will have you approved in a matter of days. We use only SBA preferred lenders who underwrite locally and understand restaurants.

The 1,248 square foot location, is perfectly sized with 36 seats for inside dining. Great lease terms with all in rent at $1,680.81, including CAMS, Taxes and Insurance. The lease is valid through June of 2037 including options to renew. Low rent, well established customers, nearby residential communities, employee stability, and high visibility are only a few of the many benefits that come with this Subway Franchise Resale. Don't start from scratch when you can join the world's largest restaurant brand.

A well trained crew includes 11 employees to keep the operations running smoothly. Operating hours are 10 AM - 9 PM Monday-Sunday. Established for over THIRTY years, they have a loyal customer base and national name brand driving sales and results on this Subway Franchise Resale.

Be part of a brand that offers continued support and provide training on this Subway Franchise Resale. This $7500.00 transfer fee will cover the cost of your 1-2 weeks training as well as any terms remaining on the current Franchise Agreement. Royalties of 8% and 4% Marketing Fees are no issue with almost $400,000 in sales.

Don't miss out on your opportunity to own your own Subway Franchise Resale. This profitable business is such a great deal it's sure to sell quickly! Call the Restaurant Brokers today to get your offer in!

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Property Features and Assets:

Oven proofer Sandwich unit Cooler and storage racks Freezer and storage racks Table cooler for bottled drinks Bread cabinet Mobile bread rack Retarder Proofer Prep table Hand sanitizer stand Three compartment sink Microwave Vegetable slicer Ice maker Merrychef toaster oven Fountain pop machine Fountain pop table Storage racks back room Laview security camera system with remote access viewing Security system monitor Pick up rack Chip rack Bread pans Bread forms Cookie forms Food prep cambros Thermometer Sensi thermostat with online control POS rented thru IPC monthly rental fee Credit Card machine Adyen Printer fax scanner Coin dispenser Receipt printer Safe Bathroom soap dispensers Bathroom paper towel dispensers Hand sink in food prep area Hand sanitizer dispenser by hand sink Soap dispenser by hand sink Paper towel holder by hand sink Mini refrigerator in food prep area Cookie case Backroom desk 3 booths 12 tables 26 chairs Hanging lights in lobby Framed art Subway decor Subway mat rented Ceiling fans Air conditioners Vent fan 8 panel menu board Radio and speakers NuCO2 beverage carbonation tank rented

Market Competition and Expansion:

low rent, well estalished customers given years this location has been established, residential community, employee stability due to location near residential and on the bus line, end unit of a strip mall, high visibility on the corner of two main streets

Reason for Selling:

Retirement

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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