National Franchise for Sale with unmatched brand experience. Purchase this well-established Subway Franchise for Sale located off a major interstate in Virginia. Why start from scratch and spend the time and money on a build out when you can purchase a well-established location and take over on day one!
This Subway Franchise for Sale
is part of one of the largest fast-casual sandwich brands in the world, with close to 45,000 stores all over the world. The Subway brand practically pioneered the fast-casual sandwich game since they opened their first store in 1965. The current owner has owned the location for 19 years. The owner is currently absentee, and the location is ready for a fresh look with its new owner. As this store has been absentee run for the past several years, an active owner/operator should expect to see increases in the number of sales.
Offered by We Sell Restaurants
, this particular Subway franchise for sale definitely lives up to the brand’s hype; located in a high volume gas station that provides a steady flow of customers daily and just off a major interstate through Virginia. The monthly rent is $3400.00 and includes all utilities, CAM, and taxes. The location has 1200 square feet. The lease expires in May of 2021 with 1 option for 5 years. The location is due for a Franchise remodel, estimated cost is 20,000-30,000. Current seller understands this cost to sell so the price to sell is within consideration of new owner and new look!
This Subway Franchise for Sale has gross sales annualized for 2020 in the range of $200,000 and earnings to an owner/operator of 35,000. You can easily increase sales and profits by utilizing third-party delivery services to service the area, expand the catering portion of this business which has been neglected, and introduce yourself to the local business community. This Subway has been absentee run for the last five years. An owner/operator will add much to the operation.
By purchasing this Subway Franchise for Sale, you are able to become your own boss without the stress of going into business by yourself. You receive training program at the corporate headquarters and then in-store training right at your new location. To cover this initial training and the ongoing support, there is a $7,500 transfer and training fee. For use of their instantly recognizable and widely promoted trademark, award-winning recipes, and their successfully proven methods there is an 8% of sales royalty fee. To cover the costs of the provided materials that coincide with their nationwide promotions, there is also a modest 4.5% marketing fee.
Contact your Restaurant Broker today for more information on this Subway Franchise for Sale!
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