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Accommodation & Food Services

Absentee-Owned Subway in West Memphis, AR! 15 minutes from Memphis, TN!

West Memphis, AR, USA
Updated 18 hours ago

Seller is 100% Absentee! Huge Opportunity for an Owner-Operator! Sales for 2024 were over $416,000 last year or $8,008 per week! Sales have increased for 3 consecutive years! Net Profit is $108,000 AFTER paying over $114,000 in Employee Payroll, rent, and all other expenses! Store is open from 8:00 am to 9:30 pm Monday to Friday and 9:00 am to 9:00 pm Saturday and Sunday! Rent is ONLY $2,500 per month AND includes water, sewer, and trash! Seller has satisfied all remodeling requirements! Store looks brand new! The buyer does not need to remodel for at least another 5 years! Franchise Transfer fee is only $4,000! Average traffic count of 16,000 vehicles passing by the store each day! Close to Arkansas State University Mid-South with over 1,000 students and faculty! Nearby West Memphis Christian School, St Michael’s Catholic School, Faulk Elementary School, Weaver Elementary School, and Bragg Elementary School collectively serve over 1,500 students and faculty! Surrounded by apartment complexes like Riverbend Apartments, Frisco Park Apartments, Urban Apartments West Memphis, Pine Ridge Apartments, Ridge At West Memphis, The Ridge Phase lll, Meadows Apartments, and Arrington Estates West Memphis. 15 min from Memphis, TN! 2 hours from Little Rock, AR! 3 hours from Jackson, MS! 3 hours 30 minutes from Nashville, TN! Asking Price for Business-only: $349,000 plus inventory! Seller has another Subway that he is willing to sell only 1 hour away in Harrisburg, AR! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to [email protected]

City

West Memphis

State

AR

Status

Available

Purpose

Rent

Property Type

Business-only

Sales Force Id

a00Qh00000GdFPRIA3

Financials

Asking Price
$349K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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