Subway For Sale - Hospital Location
Jackson, MS
| Asking Price: | $1,250,000 |
| Inventory: | $8,000 |
| FF&E: | $50,000 |
| Gross Revenue: | $950,000 |
| Rent: | $6,000/Month |
| Established Year: | 2006 |
Listing ID: 2279827Listing provided by BizBuySell
BUSINESS DESCRIPTION
Great Subway For Sale Inside the University of MS Medical Center
Newly renovated Subway located inside the University of Mississippi Medical Center Hospital. This hospital houses more than 15,000 employees and students with little food completion throughout. The hours are currently 9am-9pm, but can easily be adjusted for the new owner. The best thing about this location is there is a 20+ year non escalating lease attached with this franchise. Sales range between $18,000-21,000/week. This could be increased if kept open for later hours. Rent is 6% of Sales with no escalations and includes utilities.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Jackson, MS
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
31/12/2044
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The space is leased from the state of Mississippi.
Competition
The captive audience is great for this location. Parking is very difficult at the hospital, so most people choose to eat in the hospital. The options at the hospital include Subway, Chick Fil A, or the cafeteria.
Growth & Expansion
Catering and expanding hours is a huge opportunity to grow. If you chose to stay open until midnight, I think one could easily do $25,000 in sales per week.
Support & Training
Will help new owners during transition
Reason for Selling
I am selling to focus on my real estate portfolio.
Home-Based
This business is Home-Based
Franchise
This business is an established franchise
BUSINESS LOCATION
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