Seller's Contact Information
- RE: Huge Price Reduction Daytona Area 2 Subway Stores
- Contact: Brad Carpenter
Quick Facts
| Asking Price: | $120,000 | |
| Annual Revenue: | $1,018,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $51,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 145,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1987 | |
| Employees: | 15 | |
| BBN Listing #: | 626145422 | |
| Broker Reference #: | 409-02291 |
Business Overview:
This represents a significant price reduction to generate a quick sale. Represents two fully remodeled Subway Stores in close proximity to Daytona Beach area. Stores have been operating for over 20 years and offering is ideal for an existing owner eager to expand or Buyer who will be actively engaged in the Stores operation.
Currently owned by an absentee owner looking to divest their varied assets. The Stores are within 2 miles of each other and together are generating sales of approximately $1MM. Located in high growth region with Seller also responsible for transfer costs. Listing is Priced to Sell !!! Below estimated Asset Value. Cash Buyers and Serious Inquiries only.
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Property Features and Assets:
Each Store has been fully remodeled in the past 2 years based on Subway modernization program. The Stores are less than 2 miles away and have a fully operational staff. Assets include all upgraded fixtures and equipment pursuant to Subway's requirements. $5,000 of inventory include
Market Competition and Expansion:
The area surrounding the existing Stores continues to witness ongoing residential and multi-family construction/growth to spur additional consumer demand. Subway promotes multi-franchise ownership among Store owners to enhance further economic returns. Nearly 70% of new Stores are established by existing Subway franchisees. Subway evaluates market dynamics and limits competition between Store locations. Subway is the largest sandwich franchise in the world and has a dominant position to competitive fast food sandwich initiatives including an active National and local advertising campaign.
Reason for Selling:
Pursue current Career
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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