New Business Opportunity By Bay Area’s Premier Restaurant Brokers
Business Highlights
- Asking Price: $190,000 plus approximately $2,500 inventory
- Gross Sales: Gross Sale: approx. $30,766/month (not verified by Broker)
- Rent: $2298/month + NNN
General Description
Subway is an American privately held restaurant franchise that primarily sells submarine sandwiches and salads. It is one of the fastest-growing franchises in the world and, as of October 2019, had 41,512 locations in more than 100 countries.
Subway is a Casual counter-serve chain for build-your- own sandwiches & salads, with health-conscious options. Ideally located on a corner of a neighborhood strip center with wide street exposure. Easy ingress & egress with ample free parking.
Seller is retiring after running this great business for the last 10 years.
Equipment Included: Walk-In Cooler, Walk-In Freezer, Reach-In Fridge, NuVu Bread Oven, Turbo Chef Oven/ Toaster, NuVu Bread Proofer, Bread Cabinet, Hot well/ Meat Unit, Cold Veggie/ Meat Unit, 2 Camera Security Camera, POS System w/ Printer, Beverage Fridge, Soda Machine/Counter, 3 Compartment Sink, Prep Tables, Back Counter, All Furniture, and Much More. A full list of equipment is available with the Listing Broker.
Organization: Sole Proprietor
Square Footage: 1200 Sq. Ft.
Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Franchise Agreement
Days Open/Hours: 8 am to 9 pm 7 days
Franchise Royalty: 8% of weekly Gross Sales
Franchise Advertising Fee; 4% of weekly Gross Sales
Reason for Sale: Retirement
Lease
Rent: $2298/month including NNN Lease term
Seller’s lease thru Aug 31st, 2021 plus two 5 year options.
Revenue
Gross Sale: $30,766/month ($7100/week)
(As Per Seller, Not Verified by Broker)
Financing
All Cash
For more information, contact Mission Peak Brokers for additional information.
All information presented based upon representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
