Business Overview

This Subway restaurant is well known and in a busy populated area. It is established for over 15 years at this location, situated next a full-service Hospital on a major road in Palm Beach County. The bulk of the business comes from the Hospital, nearby residences / homes, and small businesses in and around the area. The restaurant is 1200 sq. feet and is well laid out with a seating for 30 customers. All equipment in the restaurant is in good working condition. This is one of the bigger sized Subways than what is normally seen. The restaurant participates in Online Ordering/ Curbside pickup and 3rd party delivery system. This is an ideal business for an owner operator looking to make a good income. The business operations are well structured and very easy to operate for somebody without any experience in the restaurant industry. The processes are streamlined to blend new Franchisees easily into the Subway system. For the new owner, sales growth can immediately begin by extending the current working hours. The major road is undergoing widening, which would increase vehicular traffic. New residential communities and commercial establishments are being constructed which would increase daily sales in the restaurant. A little bit of marketing would surely bring in more value. Subway HQ provides a comprehensive 3- week training in South Florida. In addition, the current owner would provide 2- week training at no cost. The owner is committed to set up the buyer for success. This Franchise is well known in the community for offering quality food at an affordable price. Today, the SUBWAY® brand is the world’s largest submarine sandwich chain with more than 40,000 locations around the world. They’ve become the leading choice for people seeking quick, nutritious meal options that the whole family can enjoy. As they continue to grow, they are guided by the passion for delighting customers by serving fresh, delicious, sandwiches made-to-order right in front of you. Don’t Miss This Opportunity to own a profitable business with an established clientele. SUBWAY is a global Quick Service Restaurant brand, very successful which continues to grow and innovate. It makes use of the latest technology to make it easy and profitable for its Franchisees to operate the restaurants. The recent launch of the Big Refresh Program is driving more and more people into Subway for more tastier and healthier food. Please refer to listing 7301-885268, Business Broker John Devries 772 260-7647 when you inquire about this listing.

Financial

  • Asking Price: $99,000
  • Cash Flow: $75,000
  • Gross Revenue: $265,000
  • EBITDA: N/A
  • FF&E: $38,000
  • Inventory: $4,000
  • Inventory Included: Yes
  • Established: 2004

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,200
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Lease/Month: 2,821 Square Footage: 1,200 Building Type: Plaza Terms & Options: 3 year option Expiration Date: 10/1/2023

Is Support & Training Included:

2 weeks training at no cost

Purpose For Selling:

Other Interests

Pros and Cons:

Non Compete : Miles: 5 Years: 2

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was founded in 2004, making the business 18 years old.
The transaction will include inventory valued at $4,000, which is included in the listing price.

The business has 3 employees and resides in a building with disclosed square footage of 1,200 sq ft.
The building is leased by the company for $2,821 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell companies. Nevertheless, the real reason vs the one they say to you may be 2 completely different things. As an example, they might state "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these may simply be excuses to attempt to hide the reality of changing demographics, increased competitors, current reduction in earnings, or a variety of various other reasons. This is why it is very important that you not rely entirely on a seller's word, yet rather, use the seller's solution along with your overall due diligence. This will paint a more practical image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses finance loans so as to cover items like stock, payroll, accounts payable, and so on. Keep in mind that occasionally this can mean that earnings margins are too tight. Numerous businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also 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 contracts with vendors that should be met or may cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location draw in new clients? Many times, businesses have repeat customers, which create the core of their everyday revenues. Certain elements such as brand-new competitors sprouting up around the location, road construction, as well as personnel turnover can affect repeat customers and also adversely influence future earnings. One vital thing to think about is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Certainly, the more people that see the business regularly, the better the opportunity to build a returning customer base. A last idea is the general area demographics. Is the business placed in a densely populated city, or is it situated on the outside border of town? Just how might the regional median family earnings impact future income prospects?