Subway Franchise For Sale
Location:
United States
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New Jersey
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Bayonne
Industry: Food and Beverage > Other Food and Beverage
Business Summary
I am selling my store due to the fact I am currently in Graduate school and overwhelmed with work, so I will sell to SERIOUS BUYERS ONLY. I have all the information to provide you such as wiser report and combo report to prove figures and willing to do SELLER FINANCING as times are tough right now. The store is located on 527 Broadway in Bayonne, NJ which is a extremely high traffic street with walking traffic as well. I have had this store for 14 months now and have increased sales 35% since than. (Previous owner was owner absentee) I wish I can still keep this store but with all the school work and travel time to drive to work has put a strain on me. This store has established delivery and its own personal website (subwaybayonne.com ) which offers fax and ordering online for higher sales!
Information on the store:
Price: $185,000 willing to negotiate
Rent: $2,650/month (Includes water, garbage removal and snow removal)
Lease: 8 years left on lease (after 3 years you have option to continue)
# of Employees: 5
Phone: $50/month
Year opened: 2003
Utilities: $700/month
Weekly Sales: $6,000/week
Square Feet: 1,200
# of Seating: 18
Inventory: $6,000 (Included in sale)
The store staff will stay but if you have your own staff that is find as well. Also, I am including all the inventory and equipment with the sale as well as offering seller financing if needed. I am willing to negotiate price if proper offer is made. Please email or contact me at 732-325-8603 if you would like to set up an appointment or have any other questions about this Subway Franchise for sale.
Thank you,
Dhaval Joshi
Financials
Asking Price Range: < $250K
Gross Revenues:
$300,000
Cash Flow:
$80,000
Cash Flow Type: EBITDA
Inventory: $6,000
Seller Financing: Yes
About The Business
Year Established: 2003
Number of Employees: 4 - 5
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Sale
About The Sale
Management Training and Support: Yes.
Reason For Selling: School and teaching.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 700115451
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