Property Details

Price Reduced for Subway Franchise – Buffalo, NY - Buffalo

Property ID : LB22.158

For Sale $99,000.00 - Franchise Restaurant

DESCRIPTION:

  • This franchise has topped the Franchise 500® list for over 2 decades.
  • Located on a very busy street in suburban Buffalo.
  • Established in the 1990’s.
  • 1,400 sq. ft. restaurant, with seating for 35.
  • Two weeks training provided to a qualified buyer.

ASSETS/FIXTURES/EQUIPMENT:

  • Furniture and equipment, valued at $50,000, are included in the asking price.
  • Inventory is not included in the asking price.

LEASE ARRANGEMENTS:

  • Rent is $1,916/month.
  • CAM and taxes for 2015 averaged $430.33/month
  • Current lease expires 7/31/2018.

REVENUE:

  • Revenue for 2016 was $251,577.
  • Cash Flow for 2016 was $53,008; an owner-operator can reduce current food and labor costs and increase income.

PRICE/FINANCING:

  • Asking price is $99,000
  • Bank financing is available to a qualified buyer with only 20% down.
  • Franchise transfer fee is not included in the asking price.

COMMENTS:

This is a great opportunity to join a highly reputable & easy to operate franchise that has consistently been a world leader in its category.

 

Agent Lou Bellanca

Lou-Bellanca1
  • Office : 585-247-4750

Lou Bellanca has been with AMD Business Brokers since 2009, bringing over 20 years of…
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