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Sunbelt of North Dakota

Unique Subway In Eastern In Iowa For Sale

Iowa, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$417,036
Cash Flow:
$111,278

Everyone is familiar with the Subway brand and consistent quality of sandwiches. Fewer know the inner workings of a franchise and what sets some franchises apart from others. This Subway is a shining example of streamlined operations, loyal staff, top notch facilities, prime location, and community support!

Most buyers are looking for a business that has consistent financial performance, isn’t owner operated, can successfully transfer ownership, is adequately staffed with a loyal team, has excellent facilities, and has opportunities to grow. This Subway meets every mark!
Facilities:
As you will see from the pictures, the store looks amazing! It was remodeled from top to bottom in a substantial, recent remodel. The remodel was required by Subway Corporate and provides new ownership with almost 20 years before the next required renovation!
Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: Yes
Rent: $1,500.00
Owner worked hours per week: 5
Market Competition: Location has been a huge factor in this Subway's profitability. There are no other competitors and very few food options within a 10 - 15 mile radius of this Subway. Approximately 80% of sales are from locals, while the other 20% tend to be travelers.

Business Operation

Reasons for selling:

Other obligations and partial retirement.

Employees:
Full Time: 2, Part Time: 10
Years established:
21

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

One of the greatest aspects of this opportunity is the loyalty and sustainability of their team. The owner is not involved in the day-to-day operations and is confident in the key staff’s willingness to stay long term throughout the ownership transition. The owner has offered to help throughout the transition of a new owner and will help rally community support.

Furniture / Fixtures value:
$33,031 - included in the asking price