Subway Sandwich Franchise: Asking $70,000

 

 

Subway specializes in sandwiches “built” to each customer’s request. They are known for fresh baked breads, wide variety of meats, cheeses and vegetables. The menu includes breakfast, sandwiches, fresh fit choices, salads, fresh fit for kids, sides, drinks and extras. Subway also offers catering with piled-high sandwich platters, giant subs and assorted desserts.
Today, the SUBWAY brand is the world’s largest submarine sandwich chain with more than 44,000 locations around the world.
This location is located inside of a Walmart, with all the equipment and inventory needed in place to ensure a smooth transition.
Owner purchased this location 10 months ago. Owner needs to spend more time at home with new baby.
FACILITY: Walmart, 900sq. ft. Monthly rent is approx. $1,600, this includes CAM and property tax.
EMPLOYEES: 1 Full-time manager and 5 Part-time.
GROSS SALES: 2018 Sales were approx. $274,000, Sales in 2019 is up over 2018 through July.
ASKING PRICE: The owner is asking $70,000 for this location. An “average” start-up cost for a Subway restaurant like this is $250,000. This includes approx. $25,000 in equipment and approx. $4,000 in inventory. The Buyer is responsible for an approx. $5,000 Franchisor’s Transfer Fee and 2 weeks of Franchise School in Connecticut.
Franchisees pay 8% in royalties and 4.5% in franchise marketing fees (subject to change). Buyer must be approved as a franchisee by corporate and training will be mandatory.
REASON FOR SALE: Famil

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Bill Kraemer

About Bill Kraemer

Bill Kraemer brings a unique skill set to the business broker arena. As a former business owner himself, Bill understands what it takes to develop, build and successfully sell a business for maximum value. He has the unparalleled ability to indentify individual strengths and align buyers with the proper businesses. His passion, experience and honest approach give him the ability to relate to business owners and their enterprises. Bill has over 28 years experience in the Minneapolis/St. Paul marketplace and has established a reputation as a trusted business advisor to clients and businesses alike. He specializes in buy/sell transactions spanning across manufacturing, distribution, franchises and service industries. Bill lives in Apple Valley with his wife of 28 years, Susan and their two children – Lauren and Nick. Bill loves spending time with family and friends and is an avid outdoorsman.

Contact the listing agent to learn more.