Highly Profitable Sub Shop In Eastside
Profitable sub sandwich shop. Established over 40 years ago. A better-than-great location. Just minutes to downtown Bellevue and downtown Kirkland. Near a college and high school. Lots of sandwich eaters, lots of possible employees and managers. This is NOT a franchise. Does have a type 1 hood and a walk-in refrigerator, so the menu possibilities are almost endless. This is a very easy food concept to learn and transition into. You do not need to be a gourmet-trained chef to make gourmet sales here. This busy shopping plaza is located on a high-traffic street corner that stays busy from early in the morning to late at night. Current owner works only limited hours, even purposely closing this sub at the start of the dinner sales peak/rush hour. He also does not offer breakfast sandwiches anymore. (Closes at 6 PM on weekdays, 3 PM on weekends, and there is a college just walking distance away, so breakfast and dinner sales are going uncaptured.) Just a few short years ago, he did take advantage of the dinner rush and the breakfast crowd, and he was doing well over $700K in annual sales and a very strong six-figure annual net. Even without the breakfast and dinner sales, this sub shop still did well over $600K last year. And it should be noted that the current owner takes about 2-3 months’ worth of vacation time a year. So, no kidding, if you put in an energetic owner operator or maybe a married couple or partners, you probably could be pushing $900,000 or more in annual sales. The size of this little sub shop is only 800 sq ft, so to push that kind of sales through this tiny little sub shop is a testament to this great tasting food and this super high traffic location. This really is a great location for coffee and breakfast sandwich money. This just might be the best little big sub shop on the market. Give us a call, as this one should sell fast.
Location
This busy shopping plaza is located on a high-traffic street corner that stays busy from early in the morning to late at night. Just minutes to downtown Bellevue and downtown Kirkland, near schools’ college and high school.
Employees
1 FT 1 PT
Lease Terms
The monthly lease is $4,500 per month with the triple net included. Current lease expires in June 2027. There is an option to renew. Is 800 square feet with inside seating for 14 and outside seating for 6. Has a Type 1 hood system and a walk-in refrigerator in the kitchen. Has security cameras. Lots of parking in a shared parking lot.
Real Estate
Lease
Trading Hours
Monday-Friday 8:30 AM (comes in early to bake the sandwich bread), closes at 6 PM Saturday 10 AM - 3 PM Sunday 11 AM - 3 PM
Leasehold Rent
$4,500 per annum
Planning Consent
N/A
Premises Details
Is 800 square feet with inside seating for 14 and outside seating for 6. Has a Type 1 hood system and a walk-in refrigerator in the kitchen. Has security cameras. Lots of parking in a shared parking lot.
Support & Training
Seller is willing to offer 2 weeks of training on all phases of this business. Great tasting sandwich recipes are included in the purchase price.
Expansion Potential
Already has great sales but also has great upside potential for even greater sales. Has a fully equipped kitchen, and this location is very busy, starting in the early mornings and staying busy until late at night. Breakfast and dinner sales ($$$) are being missed out on. The new owner could easily capture these sales by adjusting the sandwich shop's operating hours. There is a college and a high school just walking distance away. No real push has been made to go after the many catering dollars in the area. Lots of upside dollars to be made. This sub shop has been here since 1982; it’s well-known and established.
Size In Square Feet
800
Competition / Market
There are very few other sub sandwich shops in the area.
Living Accommodation
N/A
Inventory / Stock Value
$3,000
Reason for Selling
Seller wants to retire
Financials
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