Subway For Sale (profitable)

Listing ID: 700352706

Listing Title: Subway For Sale (profitable)

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Industry: Food and Beverage

Industry Segment: Other Food and Beverage

Country: United States

State / Province: California

Area Northern California - Bay Area

City: Mountain View

Asking Price Range: < $250K

Gross Revenues: $350,000

Cash Flow: $50,000

Cash Flow Type: EBITDA

Year Established: 1987

Number of Employees: 4 - 5

Business Description:
This Subway restaurant has survived the last 6 months and is currently profitable, in spite of the reduced volumes and continued ''work from home'' environment we are in. This store has been operating since around 1987 in the same location. It is on very busy street with great visibility. This is run by an absentee owner that only goes to the store once a week for an hour and spends another 2 or 3 hours a week with back office work. This seller is moving out of California and needs to sell by December 2020. This is a great time for the buyer. As the volume comes back to normal, the profitability will increase much more with an opportunity to buy at a historically reduced rate. A dependable team of employees run the store. But, with some oversight, reduction of wastage, and optimization, the bottom line will improve substantially. Sales tend to increase when the owner is in the store! Lots of opportunities to increase sales with some local marketing. Work in the store and reduce even more costs. ''Buy when it is cheap''. A great time to buy an overall great store!

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