Extremely popular Miami Subshop near Wynwood

Miami-Dade County, FL, USA

Property Description

Gross Revenue:$950,000 EBITDA:N/A FF&E:$40,000 Inventory:$5,000 Rent:$3,800 per Month Established:2003

Almost 19 years in business and recession proof!!

Very popular and well established Miami sub shop, Subs on the Run is up for sale. The restaurant has been in business for 18 years making it a staple in Miami and now you have the opportunity to benefit from its long history. Great location! This business has endless possibilities from franchising to food trucks. The restaurant has a devout following which makes it a prime investment for future growth and limitless potential and the landlord is willing to renew the lease for 10 years. Fully equipped kitchen, will train for two weeks. Very profitable, excellent books this is a Turn-Key operation. Business has stable and loyal customer base. Can be expanded to qualify for a EB-5 U.S. visa.

Location:Miami, FL

Inventory:Included in asking price

Real Estate:LeasedBuilding SF:1,500

Lease Expiration:N/A

Employees:5Furniture, Fixtures, & Equipment (FF&E):Included in asking price

Facilities:Landlord will offer new lease, 5 + 5 years. All Equipment included, 2 double door refrigerator , Ice machine, 72 inch sandwich bar, double espresso machine, bean grinder, Orange Juice machine, milk warmer dispenser, 2 36inch flat top grill, bread toaster, Automatic slicer, food dicer, walk-in cooler/refrigerator, 2 freezers, 2 A/C units, 8 tables with 4 chairs per table. TV and ATM.

Competition:Very good location in between Allapattah and Wynwood. Lots of traffic on 441/7th Ave. No competition anywhere near by for the food type.

Growth & Expansion:The name is ready for a second location or for the hours to be extended. Right now hours are 8am-6pm. They were 7am-7pm but were reduced because of an illness to one of the owners. A food truck would do great as a second location as well. There is no major grilled subshop food truck in the area.

Support & Training:two weeks full training

Reason for Selling:Moving out of town for personal reason