#1 Sub Shop Franchise – A Steal – Dntn Seattle
Seattle, Washington
| Asking Price: |
Gross: |
Cash Flow: |
| $129,950 |
$364,550 |
$108,651 |
Furniture and Fixtures Value:
$50,000 (included in the asking price)
Inventory Value:
$4,500 ( not included in the asking price)
Real Estate:
$0 ( 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 Pioneer Square area of Seattle with lots of foot traffic and visibility. The business opened in 2006. There is no direct sub shop competition. The Seller does not operate the store on a day by day basis and an owner operator would greatly increase the revenues. The business does very little catering in an area that has the perfect demographics for catering and a delivery service. This is the #1 Sub Sandwich Franchise in America. The business occupies 1072 sq ft with seating for 28. This is an outstanding lease which runs till 5/31/2020 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 43% of gross sales – an unheard of price for a Subway. This location is a sure fire winner and if you buy it now you can take advantage of all the summer tourist traffic in the Pioneer Square area. This is a gold mine for the owner operator. This is priced to sell fast..$25K Price Drop
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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 Pioneer Square area of Seattle with lots of foot traffic and visibility. The business occupies 1072 sq ft with seating for 28. The rent is $3127 per month plus NNN Charges of $900 per month. This is an outstanding lease which runs till 5/31/2018 and has a five year option to extend. |
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| Potential
Growth/Expansion:
The Seller does not operate the store on a day by day basis and an owner operator would greatly increase the revenues. The business does very little catering in an area that has the perfect demographics for catering and a delivery service. 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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