Listing ID: 70094
It’s a new day for Subway®, Get in on the ground floor of our next chapter. From cutting-edge restaurant redesigns to amped up advertising spend, there’s never been a better time to be your own boss!
Reasons to own a Subway Franchise!
Subway® invests in its franchise owners including consumer outreach.
You’ll receive world-class training even before you make your first sandwich.
It’s easy to expand ownership from one to several restaurants.
There is a low startup cost and streamlined operation model.
Subway restaurants are committed to the environment and global citizenship.
We are the leader in customizable sandwiches made fresh.
This fully Operational and Turn-Key Restaurant is ready for a new owner…YOU!
• Sales $330k
• Rent $2100 All IN
• 2200 sq ft
• Growing & busy area of Memphis
• No Restaurant Experience Required
• Established brand
• Low franchise fees
• Thorough training in management, operations & marketing
• High purchasing power to avoid over-paying for goods
• Quality products in our restaurants
• Multiple revenue streams
• Ongoing support from our home office
• Multi-unit development deals available
• Turn Key and Up and Running
• Save Tens of Thousands on Build Out
• Primed for Growth
• Limited Hours = Great Quality of Life
• No Restaurant Experience Required
• Full Corporate Training and Support
Offered at ONLY $124,000
Information deemed reliable but not guaranteed.
Buyer to verify all information prior to purchase.
- Asking Price: $124,000
- Cash Flow: N/A
- Gross Revenue: $330,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals resolve to sell businesses. However, the true reason and the one they tell you may be 2 completely different things. As an example, they might state "I have a lot of other commitments" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may simply be excuses to try to hide the reality of altering demographics, increased competitors, recent decrease in incomes, or a range of various other reasons. This is why it is very essential that you not depend completely on a seller's word, yet instead, utilize the seller's answer combined with your overall due diligence. This will paint a more reasonable picture of the business's existing situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Many businesses take out loans with the purpose of covering points like inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that earnings margins are too thin. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that need to be met or might lead to fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location draw in brand-new clients? Most times, companies have repeat clients, which create the core of their day-to-day revenues. Particular elements such as brand-new competitors sprouting up around the location, roadway construction, and employee turn over can affect repeat clients and negatively impact future earnings. One essential point to think about is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business on a regular basis, the higher the chance to build a returning client base. A final idea is the general location demographics. Is the business situated in a densely inhabited city, or is it located on the outside border of town? Just how might the local typical family income influence future income prospects?