Subway Franchise/30 Yrs. in Business/Absentee

Not Disclosed, UT
Salt Lake County

Asking Price: Annual Revenue:
$223,000 $398,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Subway Franchise/30 Yrs. in Business/Absentee Broker: Saul Komisar
Owner Financing is Available!

Quick Facts

Asking Price: $223,000
Annual Revenue: $398,000
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 5
BBN Listing #: 57949963
Broker Reference #: 1401-236285

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Business Overview:

This is Salt Lake City’s Oldest and Highest Revenue Subway Franchise. This is a turn-key operation that is currently absentee owned and operated, which could provide even more cash flow for an owner operator. The store has been in business for over thirty years but there is plenty of opportunity to grow the business for a new and aggressive owner as the store does relatively little catering or delivery but is near many industrial and commercial businesses. The store is fully staffed and with a manager in place. Financing is available for a qualified buyer.

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Property Features and Assets:

Subway is the #1 restaurant chain in total store count with more locations that any other Quick Service Restaurant. The current owners have recently spent close to $20,000 on upgrades and are over four years on the current remodeling schedule. Highlights of the opportunity include: • Over Thirty Years in Successfully Business • Established & Proven Franchise • Continuous Support & Training from Franchisor • Ranked as the #1 Franchise • Drive-through • Large Space to Accommodate Growth and Catering • Tier Two Store with Excellent Demographics • SBA Pre-Approved for a Qualified Buyer • Absentee Owned and Operated There is currently a long-term lease in place with favorable terms. The business is situated on a high traffic count street with plenty of parking and an easy access drive through. The current lease is approx. $4,000/mo., expiring in 2021, with two options to extend. All fixtures, equipment, and furniture are in like new condition.

Market Competition and Expansion:

There is limited direct, nearby competition. Subway does all the marketing for you – TV, Radio, Direct Mail Coupons, Billboards, Social Media, Text Messages, etc.

Reason for Selling:

Other Opportunities

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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