Franchise Sub Shop On Busy Road
| Asking Price: | $100,000 |
| Inventory: | $5,000 |
| Established Year: | 1994 |
| Gross Revenue: | $268,216 |
| Rent: | $2,995/Month |
Our firm brings to market a franchise sub business located on a major road in Macomb County. The business is located in an A-Class Plaza near many other busy franchise businesses with tons of foot traffic. This location also has a drive-through window, making servicing customers even faster. The 2023 combo report sales were $268,216. The owner has restaffed the location and is on track to do over $315,000 in sales. June 2024 sales were $26,800 +/- alone! This is a great opportunity in southeastern Michigan and is only being sold due to the owner looking to retire after 30+ years with the franchise. This location is set up for success and ready for a new owner to take over and continue its great legacy.
This franchise has lease terms on this 2,496 +/- sq ft with rent at just $2,995 a month, including all NNN charges. The lease is good until 2026 with options to renew. The location can seat up to 30 customers.
Staffing includes full and part-time employees and a general manager. The store includes all the equipment needed to operate the business, including multiple ovens and freezers, cold well/sandwich units with day covers, fountain machines, storage shelving units, brand signage, logos, and much more! The location has also been remodeled up to the franchise standards in 2021!
The training and transfer fee is $5,000 for a new franchisee and $2,500 for existing franchisees. This well-known brand provides great local training to ensure the highest operational standards. Marketing is just 4.5%, and royalties of 8% prove to be no problem with sales as high as these stores see.
A new owner can increase sales by targeting busy office buildings in the area to offer catering/lunch specials along with updating the business to be open 7 days a week. This Location is priced to sell with GREAT seller financing terms!!!
