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Absentee-owned Subway In West Memphis, AR For Sale

West Memphis, AR, Arkansas, US
Asking Price:
$349,000
Sales Revenue:
$416,000
Cash Flow:
$108,000

Seller is 100% Absentee! Huge Opportunity for an Owner-Operator!

Sales for 2024 were over $416,000 last year or $8,008 per week! Sales have increased for 3 consecutive years!

Net Profit is $108,000 AFTER paying over $114,000 in Employee Payroll, rent, and all other expenses!

Store is open from 8:00 am to 9:30 pm Monday to Friday and 9:00 am to 9:00 pm Saturday and Sunday!

Rent is ONLY $2,500 per month AND includes water, sewer, and trash!

Seller has satisfied all remodeling requirements! Store looks brand new! The buyer does not need to remodel for at least another 5 years!

Franchise Transfer fee is only $4,000!

Average traffic count of 16,000 vehicles passing by the store each day!

Close to Arkansas State University Mid-South with over 1,000 students and faculty!

Nearby West Memphis Christian School, St Michael's Catholic School, Faulk Elementary School, Weaver Elementary School, and Bragg Elementary School collectively serve over 1,500 students and faculty!

Surrounded by apartment complexes like Riverbend Apartments, Frisco Park Apartments, Urban Apartments West Memphis, Pine Ridge Apartments, Ridge At West Memphis, The Ridge Phase lll, Meadows Apartments, and Arrington Estates West Memphis.

15 min from Memphis, TN! 2 hours from Little Rock, AR! 3 hours from Jackson, MS! 3 hours 30 minutes from Nashville, TN!

Asking Price for Business-only: $349,000 plus inventory!

Seller has another Subway that he is willing to sell only 1 hour away in Harrisburg, AR!

Property Information

Real Estate:

Lease

Location:

West Memphis, AR

Business Operation

Trading hours:

Store is open from 8:00 am to 9:30 pm Monday to Friday and 9:00 am to 9:00 pm Saturday and Sunday!

Employees:
7
Years established:
2019