This is a great opportunity to own a beautiful, remodeled Subway Sub Shop in Oakland County. Located on a highly traveled road with major national tenants next door along with a Post Office, this Subway has plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and maintained regularly! Current owner runs the business absentee and does no outside advertising…a new owner/operator with some creative advertising/marketing along with adding corporate catering, network with the surrounding businesses and community involvement, you have HUGE potential. This business has so much more growth potential based on location alone! Great Subway for a family or perfect for a husband/wife team. A must see/must have business that will not disappoint! Seller will entertain all reasonable offers!! Call Armen Nazarian Business Brokers
Transfer Fee: $7,500 Royalty Fee: 8% Advertising Fee: 4.5% Training Period: 2 weeks locally
- Asking Price:
- $99,000 Furniture / Fixtures included
- Sales Revenue:
- $390,000
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
New Lease Required
- Leasehold Rent:
-
$3,400 per annum
- Premises Details:
-
Located on a highly traveled road with major national tenants next door along with a Post Office, this Subway has plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and maintained regularly!
- Size in square feet:
- 2,080
Business Operation
- Management type:
- This business has absentee ownership.
- Expansion Potential:
-
Current owner runs the business absentee and does no outside advertising…a new owner/operator with some creative advertising/marketing along with adding corporate catering, network with the surrounding businesses and community involvement, you have HUGE potential.
- Reasons for selling:
-
Owns Other Businesses
- Trading hours:
-
7 Days / Mon-Thu 10am-8pm / Fri 10am-9pm / Sat & Sun 10am-7pm
- Employees:
- 5
- Years established:
- Since 2000
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Transfer Fee: $7,500 Royalty Fee: 8% Advertising Fee: 4.5% Training Period: 2 weeks locally
Other Information
- Support & training:
-
Corporate & Seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$99,000 with $50,000 down. 8% int., amortized over 60 months
- Inventory / Stock value:
- $5,000
