Listing ID: 79333
This Franchised Subway Restaurant, brings delicious ingredients and mouth-watering flavors in billions of sandwiches, salads and wrap combinations. An alternative to traditional fast food, they offer freshly cut veggies, toppings, protein and freshly baked bread to create the perfect meal with freshly baked cookies all at a great value! All Franchise Restaurants are independently owned and operated by business owners who employ talented Sandwich Artists that are ready to take your order in person, online, or for delivery. Please refer to listing 7301470796. Business Broker John Devries 772 260-7647 when you inquire about this listing.
- Asking Price: $60,000
- Cash Flow: $46,658
- Gross Revenue: $224,963
- EBITDA: N/A
- FF&E: $50,000
- Inventory: $2,000
- Inventory Included: Yes
- Established: 2013
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,500
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Lease/Month: 2,825 Square Footage: 1,500 Building Type: Plaza Terms & Options: Negotiable Expiration Date: 1/1/2025
1 week training at no cost
Non Compete : Miles: 2 Years: 2
This Business Is An Established Franchise
The business was started in 2013, making the business 9 years old.
The transaction will include inventory valued at $2,000, which is included in the suggested price.
The business has 3 employees and is located in a building with disclosed square footage of 1,500 sq ft.
The real estate is leased by the company for $2,825 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals choose to sell operating businesses. Nevertheless, the genuine factor vs the one they tell you might be 2 completely different things. For instance, they might say "I have too many other commitments" or "I am retiring". For many sellers, these reasons are valid. However, for some, these may just be excuses to try to hide the reality of changing demographics, increased competition, recent reduction in incomes, or a variety of other reasons. This is why it is extremely essential that you not count entirely on a seller's word, however instead, make use of the seller's response combined with your overall due diligence. This will paint an extra realistic picture of the business's existing scenario.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Many companies take out loans with the purpose of covering points such as supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can imply that earnings margins are too thin. Numerous companies come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that must be met or might cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the location attract new consumers? Often times, operating businesses have repeat customers, which develop the core of their daily earnings. Particular factors such as brand-new competitors growing up around the area, road building and construction, and also employee turn over can influence repeat clients and adversely influence future incomes. One crucial point to take into consideration is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the better the opportunity to develop a returning consumer base. A final thought is the basic area demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? How might the regional average family income effect future revenue prospects?