Subway Franchise in Northern Michigan Earning $46K

Onaway, MI
Presque Isle County


Asking Price: Annual Revenue:
$145,000 $238,596

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Subway Franchise in Northern Michigan Earning $46K Broker: Robin Gagnon

Quick Facts

Asking Price: $145,000
Annual Revenue: $238,596
Net Profit: Not Disclosed
Cash Flow: $46,199
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 6
BBN Listing #: 67068096
Broker Reference #: 9357

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

Great price on a profitable Subway in Northern Michigan! You can experience greater security when you purchase a successful brand like this Subway Subway Franchise for Sale. Lending available on this transaction that is on track to finish out 2022 with earnings of $46,000 after sales of $238,000.

As a new entrepreneur, you may not realize the importance of buying an established franchise brand. With national following and decades-long experience in the restaurant industry, purchasing this Subway Franchise for Sale can make your success rate even greater Buying a franchise business means buying a team of support. Plus, the national familiarity with this brand means that customers will see and recognize

Benefits of this Subway Franchise for Sale offered by the Restaurant Brokers at We Sell Restaurants include, a profitable existing franchise as well as the fact that this Subway Franchise is close by to tourist attractions including many state parks, campgrounds and sites of natural beauty.

The 1,500 square foot store has performed well at its location. The lease on this Subway Franchise for Sale is an unheard of $800 per month including the base rent plus the CAMS, taxes, and insurance on the property. The current lease is valid until 2026 and has some options remaining, and the location is perfectly sized and seats 32 guest for indoor dining.

Not only is this Subway Franchise for Sale bringing in great sales, but the listing also qualifies for SBA lending. The restaurant brokers have resources and lenders available for you to secure funding on this listing. With this lending, you only need to put 20% percent down to pay the rest over a ten-year period.

When you purchase this Subway Franchise for Sale, you will get all the training needed and required directly from the brand itself! The $7,500.00 training and transfer fees covers the cost of this proven training along wtih the remaining terms of the franchise agreement. There is a royalty fee of 8%, which are charged on sales.

Gaining the support of a national franchise also means tapping into the success of its marketing efforts. For this Subway Franchise for Sale, 4.5% of sales will go towards marketing fees.

Move forward on this Subway Franchise for Sale investment with earnings of $46,000. Since it comes with an established national customer base and loyal following and a proven system that works for countless other successful franchisees, the banks are interested in lending on this one. Apply today!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

3 compartment sink commercial toaster oven microwave smallwares misc. shelving 2 prep tables scale convention oven tomato slicer walk in cooler walk in freezer under counter cooler ice machine 9 tables 13 chairs Intel POS system security system with cameras safe copy machine store decor high chairs neion signs trash receptacles

Market Competition and Expansion:

Median Household income of $20,000.

Reason for Selling:

relocation

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!