Listing ID: 70095
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 types of reasons why individuals choose to sell businesses. Nevertheless, the real reason and the one they tell you may be 2 totally different things. For instance, they may state "I have too many various obligations" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might just be reasons to attempt to conceal the reality of changing demographics, increased competition, recent decrease in earnings, or an array of various other reasons. This is why it is extremely crucial that you not depend completely on a seller's word, but instead, utilize the vendor's response together with your overall due diligence. This will repaint an extra practical image of the business's present situation.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of companies take out loans in order to cover things such as inventory, payroll, accounts payable, and so on. Remember that occasionally this can indicate that profit margins are too tight. Lots of companies fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that should be satisfied or might cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area draw in brand-new customers? Often times, operating businesses have repeat consumers, which create the core of their everyday profits. Certain factors such as new competition sprouting up around the area, roadway construction, as well as employee turnover can affect repeat customers and also negatively impact future earnings. One essential thing to think about is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business often, the higher the chance to construct a returning consumer base. A final idea is the basic area demographics. Is the business placed in a largely populated city, or is it located on the outskirts of town? Just how might the regional average house income influence future income potential?