Subway Franchise in Palm Beach SELLER FINANCING

PRICE: $65,000

Down: $16,000

Disc Earn: $85,887

Sales: $275,509

SELLER FINANCING IS AVAILABLE! 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.

Reason for Sale: Other Interests

General Location: Palm Beach County

Organization Type: 'LLC'

Hours Owner Works: 40:

Years Established : 17

Years Owned: 3

Emp FT: 0 Emp PT: 3 Mgrs: 0

Non Compete: Miles: 5 Years: 2 Weeks Training: 2 Cost: 0

Operating dys/hrs: M-F 9am-9pm SAT-SUN 10AM-8PM

Skills/Licenses: Occupational Business: Is Relocatable: N Is Home Based: N Is a Franchise: Y Is Lender P/Q: N May Qualify For Visa: Y

Year (Cash Flow) 2021 (N) 2020 (N) 2019 (N)

Gross Revenue 275,509 214,231 294,009

Cost of Goods 71,958 58,978 84,835

Gross Profit 203,551 155,253 209,174

Expenses 154,964 149,176 176,043

Net 48,587 6,077 33,131

Owner Salary 37,300 34,300 36,400

Benefits 0 0 0

Interest Expense 0 0 0

Depreciation 0 0 0

Other 0 0 0

Discretionary Earnings 85,887 40,377 69,531

Lease/Month: 2,821 Square Footage: 1,200 Building Type: Plaza

Terms & Options: 3 year option Expiration Date: 10/1/2023