Listing ID: 77471
Business Overview
Great opportunity for a company or individual to purchase this successful Subway Franchise restaurant for sale in Fremont, Alameda County. Starting January 2019, Subway is now offering its “Fresh Now” program (a restaurant refresh package) is already implemented. Such as menu innovation and restaurant remodels. Subway continues to reinvent itself based on an evaluation of its competition and changing economic times. Because of this constant evolution, Subway continues to be the largest restaurant franchise in the world!
Currently, absentee owners operated lots of upsides for owner-operators.
Two-week training is included in the franchise transfer fee by the Franchisor corporate office. The current owner will also train for two weeks at no cost to the buyer. All equipment, furniture, and fixtures transfer in the sale. The new owner will need to be approved by the franchisor.
Buyer to pay Franhise Tranfer fee.
Financial
- Asking Price: $135,000
- Cash Flow: N/A
- Gross Revenue: $265,000
- EBITDA: $70,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,300
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
Franchise Training.
Other Interest.
Additional Info
The company has 4 employees and is situated in a building with approx. square footage of 1,300 sq ft.
The real estate is leased by the business for $5,800 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons people choose to sell businesses. However, the real factor and the one they tell you may be 2 completely different things. For instance, they might state "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competition, recent reduction in earnings, or a range of other factors. This is why it is really vital that you not rely entirely on a seller's word, yet instead, utilize the seller's response in conjunction with your overall due diligence. This will paint an extra sensible picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Many businesses borrow money in order to cover points such as supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can suggest that earnings margins are too small. Numerous companies fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be satisfied or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area draw in brand-new clients? Many times, operating businesses have repeat customers, which create the core of their day-to-day profits. Certain aspects such as new competitors sprouting up around the location, road building, and staff turn over can impact repeat consumers and also negatively influence future earnings. One vital thing to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business regularly, the greater the chance to develop a returning customer base. A final idea is the basic area demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? How might the neighborhood typical house earnings influence future income prospects?
