#1 Sub Shop Franchise – A Steal – Lake Forest Park
Lake Forest Park, Washington
| Asking Price: |
Gross: |
Cash Flow: |
| $105,000 |
$314,860 |
Undisclosed |
Furniture and Fixtures Value:
$60,000 (included in the asking price)
Inventory Value:
$2,500 ( not included in the asking price)
Business Summary:
Much sought after but rarely found #1 Sub Shop Franchise. This is a prime location in the Lake Forest Park Shopping Center. End cap location with lots of foot traffic and visibility. The business opened in 2006. There is no competition. The Seller does not operate the store on a day by day basis and an owner operator would greatly increase the revenues. This is the #1 Sub Sandwich Franchise in America. The business occupies 1100 sq ft with seating for 18. This is an outstanding lease which runs till 2/28/2021 and has a five year option to extend. The Buyer will receive 2 weeks of intensive State of the Art training at the Franchiser's Headquarters in Connecticut and then one week of onsite training The Franchise fee is 8% - Ad Fund Fee is 4.5% and the Transfer fee is $7,500. The business is being sold at 38% of gross sales – an unheard of price for a Subway. This location is a sure fire winner and the volume is increasing daily. This is priced to sell fast.$15K price Drop - Bring all offers
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| Year
Business was Established: 2006 |
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| Number of Employees:
2 FT / 2 PT |
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| Facilities / Terms of Lease:
This is a prime location in the Lake Forest Park Shopping Center. End cap location with lots of foot traffic and visibility. The business occupies 1100 square feet and seats about 18. The rent is $3360 per month total. The Lease runs till 2/28/2021and has one 5 year option to extend the term. |
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| Potential
Growth/Expansion:
An owner/operator would make a world of difference for this business. |
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| Competition:
This #1 Sub Shop Franchise has no competition |
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| Owner
willing to finance:
Cash, Bank Financing |
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| Owner
willing to train:
The Buyer will receive 2 weeks of intensive State of the Art training at the Franchiser's Headquarters in Connecticut and then one week of onsite training |
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| Reason for selling:
Owner has other business interests |
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| REQUEST MORE INFO |
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