Property ID : SPL25.373
For Sale $89,900.00 - Franchise Restaurant
DESCRIPTION:
- Subway Sandwich Franchise, located on a major road in Wayne County NY.
- 1,500 sq. ft. store with seating for 35.
- Sales have remained steady during the pandemic.
- Two weeks training at Subway HQ provided to a qualified buyer.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture and equipment, valued at $ 25,000
LEASE ARRANGEMENTS:
- Gross Rent is $1,400/month.
- Seller is also the building owner: lease terms are negotiable.
- A new Franchisee would be assured a long-term lease.
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
| 2020 | 2019 | 2018 | |
| Sales | $ 299,471 | $ 283,036 | $ 290,576 |
| SDE | $ 49,991 |
PRICE/FINANCING:
- Asking price is $ 89,900.
- Franchise transfer fee is not included in the asking price.
COMMENTS: This is a great opportunity for a highly reputable & easy to operate franchise that has consistently been a world leader in its category
