Subway Franchise Resale in West Palm Beach

West Palm Beach, FL
Palm Beach County


Asking Price: Annual Revenue:
$90,000 $205,354

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Subway Franchise Resale in West Palm Beach Broker: Ken Eisenband

Quick Facts

Asking Price: $90,000
Annual Revenue: $205,354
Net Profit: Not Disclosed
Cash Flow: $35,135
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 4
BBN Listing #: 8148096
Broker Reference #: 7416

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Business Overview:

Purchase this Lucrative Subway Franchise for Sale in Palm Beach County, FL. Located in convenience store of gas station. Rent includes all utilities and is lower than 10% of gross sales. Ownership has been absent from operations for five years.

This Subway Franchise 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 $2,200 in 2019 which was up 11% from last year. This is the fourth year in a row that has seen positive sales growth. Current benefits to an owner/operator are $35,000 annually. As this store has been absentee run for the last five years, an active owner/operator should expect to see increases in this number. 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 more than $150,000 less than that.

Offered by We Sell Restaurants, this particular Subway franchise 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 next door to a car dealership, school bus depot, and nursery school 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 4 guests is available in the 450 square foot space. The lease expires in February of 2022 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 franchise for Sale has gross sales of more the $200,000 and earnings to an owner/operator of 35,000. 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 franchise 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 franchise 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:

4 top booth display rack menu board twp door stand up cooler prep table utility cart speed rack proofer overn DUKE speed rack for bread turbo chef oven stem mixer small glass door cooler small glass door freezer two door low boy cooler safe POS system cookie display 2 refrigerated buffet lines one hotel pan steam table

Market Competition and Expansion:

Located in a convenience store along with Dunkin Donuts, this drives in lots of customers from the high volume gas station that is home to these iconic brands

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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