Franchise Sub Shop

Reference Code 0623

This is a great opportunity to own a beautiful, high volume Franchise Sub Shop in Oakland County. Located on a highly traveled road with major tenants, this Sub Shop has plenty of residential and commercial properties in the surrounding areas. This restaurant specializes in handmade, toasted subs while also selling soups, salads, and more. Catering is available for events/occasions. All equipment is in excellent condition and maintained regularly! Current owner does no outside advertising…a new owner/operator with some creative advertising/marketing along with adding corporate catering, customer appreciation cards, adding sampling, network with the surrounding businesses and community involvement, you have HUGE potential. Great cashflow! This business has so much more growth potential based on location alone! Great business for a family or perfect for a husband/wife team. A must see/must have business that will not disappoint! Seller will entertain all reasonable offers!!
Transfer Fee: $7,500
Royalty & Advertising Fee: 5% of Net Sales
Training Period: 2 Weeks (1 week local, 1 week in Denver)

Business Location Oakland County, MI

Gross Sales $584,000 Cash Flow $167,124 Business Price $425,000 Down Payment $100,000 Monthly Payment $2,384.73 Interest Rate / Amortization 8% int., amortized over 360 months License Required Sales, Food, Franchise Inventory Value $12,000 Employees Full Time 3 Employees Part Time 1 Date Established 2004 Hours of Operation 7 days / 11am-7pm Rent $3,200 Gross Lease Period 2027 Reason for Sale Expanding Portfolio