Subway Franchise - Located in Gas Station

Riviera Beach, FL
Palm Beach County


Asking Price: Annual Revenue:
$140,000 $298,381

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Subway Franchise - Located in Gas Station Broker: Ken Eisenband

Quick Facts

Asking Price: $140,000
Annual Revenue: $298,381
Net Profit: $3,848
Cash Flow: $49,124
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 6
BBN Listing #: 18048096
Broker Reference #: 7391

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Business Overview:

Purchase this Lucrative Subway for Sale in Palm Beach County, FL with Sales Topping $300,000 with $50,000 net to operating owner! This Open and Operating Subway Franchise is located inside the convenience store of a high volume gas station. This Subway for Sale is part of one of the largest fast-casual sandwich brands in the world, with close to 45,000 stores all over the world. The Subway brand practically pioneered the fast-casual sandwich game since they opened their first store in 1965. Gross sales of this unit have averaged in excess of $5,800 in 2019 and sales trends continue to be positive. This is the thirds year in a row that has seen positive sales growth. The owner/operator should expect $50,000 in earnings annually. As this store has been absentee run for the last five years, an active owner/operator could expect increases in sales. The Subway franchise disclosure document (FDD) indicates the total investment for a new store is estimated as to be as high as $263,000 in the United States. That's to build a single store without any existing sales or cash flow. You can buy this open and operating, cash flow positive location $100,000 less than that. The Subway for sale features the newest fresh forward design and will not be due a refreshment for many years. Offered by We Sell Restaurants, this particular Subway for sale definitely lives up to the brand's hype; located in a high volume gas station that provides a steady flow of customers daily and just ½ mile from a large hospital, and walking distance to the local business community this location is poised for steady growth. The Subway for sale has a rental rate of 9% of gross sales. The rent includes all utilities, CAM, and taxes. Seating for 30 guests is available in the 750 square foot space. The lease expires in May of 2021 with 3 options for 5 years each attached. This allows you the time and extra money from the low rent to build on top of this already profitable store. This Subway for Sale has gross sales of more the $300,000 and earnings to an owner/operator of 50,000. You can easily increase sales and profits by utilizing third-party delivery services to service the area, expand the catering portion of this business which has been neglected, and introduce yourself to the local business community. This Subway has been absentee run for the last five years. An owner/operator will add much to the operation. By purchasing this Subway for sale, you are able to become your own boss without the stress of going into business by yourself. You receive a 2-week training program at the corporate headquarters and then in-store training right at your new location. To cover this initial training and the ongoing support, there is a $5,000 transfer and training fee. For use of their instantly recognizable and widely promoted trademark, award-winning recipes, and their successfully proven methods there is an 8% of sales royalty fee. To cover the costs of the provided materials that coincide with their nationwide promotions, there is also a modest 4.5% marketing fee. When purchasing a Subway for Sale like this one you receive unbeatable franchise support. The franchise support system features Training, Product development, Advertising, Purchasing cooperative, Field support, and much more. The franchise also offers the following: Access to formulas and operational systems Store design and equipment ordering guidance Training program Operations manual Representative on-site during opening Periodic evaluations and ongoing support Informative publications

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Property Features and Assets:

3 four top tables 9 two top tables 30 chairs 2 display racks electronic menu board speed rack for bread storage merry chef table top oven nuvu oven proofer speed rack small glass door cooler electronic steam table one hotel pan cold buffet line display for cookies POS system ss shelving four head beverage display system two door low boy cooler microwave prep table three door stand up cooler

Market Competition and Expansion:

Located in convenience store of high volume gas station which brings thousands of customers to your front door on a weekly basis

Reason for Selling:

Other

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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