Property Details

New Lower Price for Subway Franchise Store - Livingston County

Property ID : LB22.175

For Sale $99,000.00 - Franchise Restaurant

DESCRIPTION:

  • Founded in 1965, this franchise now has over 44,000 locations worldwide.
  • Subway was ranked #5 on the 2016 Entrepreneur “Franchise 500” list.
  • Located 30 minutes south of Rochester in a very busy plaza.
  • 1,500 square feet, with seating for 41.
  • This store has increased in sales for 3 consecutive years.
  • Two weeks training provided.

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • FF&E, valued at $40,000.
  • Inventory at cost, valued at $2,000.

 LEASE ARRANGEMENTS:

  • Gross rent is $1,891.88/month.
  • Current lease with options expires 4-30-24.

SALES AND SELLERS DISCRETIONARY EARNINGS:       

2016 2015 2014
SALES $361,504 $335,466 $305,708
SDE      43,195      36,382      N/A

 PRICE/FINANCING:

  • Asking price is $99,000. Bank Financing is available to a qualified Buyer.

 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.
  • New Buyer can increase profit by working more hours; current owner works 30 hours/week.

 

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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