Turnkey Sub Shop Close to Everett Mall For Sale

Business description

This business has an outstanding location right next to the Everett Mall. There is very little direct competition in the immediate area. This has a prime location close to the Everett Mall, Boeing, and there are many other businesses and residential homes in this area. The Seller is forced to sell due to family reasons - his loss- your gain. There is seating for 30. This is a very easy store to operate. The current owner has done very little to promote or expand the business. There is an untapped market of business to business catering, office meetings, and providing sandwiches for the local schools and churches.
The Royalty fee is 5% and there in no Ad fund fees. The transfer fee is $5,000. The Franchisor will provide 2 weeks of intensive on site training. This is a gold mine.

Franchise terms

The Royalty fee is 5% and there in no Ad fund fees. The transfer fee is $5,000. The Franchisor will provide 2 weeks of intensive on site training.

Property information

Real Estate:

Lease

Lease terms:

This business has an outstanding location right next to the Everett Mall. The business has about 1225 sq feet and seating for 30. The equipment and fixtures are in excellent condition. The base monthly rent is $3,267 plus NNN charges of $1166 per month. The Lease runs till 5/30/2015 and has an option to extend the term.

Leasehold rent:

$39,204 per annum

Location:

This business has an outstanding location right next to the Everett Mall

Premises details:

This business has an outstanding location right ne

Size in square feet:

1,225

Other information

Expansion potential:

The current owner has done very little to promote or expand the business.
There is an untapped market of business to business catering, office meetings, and providing sandwiches for the local schools and churches.

Competition / Market:

There is very little direct competition in the immediate area. This has a prime location close to the Everett Mall, Boeing, and there are many other businesses and residential homes in this area.

Support & training:

The Franchisor will provide 2 weeks of intensive on site training and continued follow up support. The Seller will provide an additional week of hands on training in the store after closing.

Reasons for selling:

The Seller is forced to sell this business due to family reasons.

Trading hours:

9PM (Mon-Sat) 11AM -7 PM (Sun)

Financing available:

Cash or Bank Financing

Furniture / Fixtures value:

$60,000 (included in the asking price)

Inventory / Stock value:

$3,500