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Subway

Oakland County, MI, USA
Updated 1 day ago
Established 2000

This is a great opportunity to own a beautiful, remodeled Subway Sub Shop in Oakland County. Located on a highly traveled road with major national tenants next door along with a Post Office, this Subway has plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and maintained regularly! Current owner runs the business absentee and does no outside advertising…a new owner/operator with some creative advertising/marketing along with adding corporate catering, network with the surrounding businesses and community involvement, you have HUGE potential. This business has so much more growth potential based on location alone! Great Subway 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!!

Rent

$3,400 NNN

Royalty Fee

8%

Down Payment

$75,000

Lease Period

New Lease Required

Transfer Fee

$7,500

Reference Code

0825

Advertising Fee

4.5%

Inventory Value

$5,000

Monthly Payment

$1,500.45

Training Period

2 weeks locally

Date Established

2000

License Required

Sales, Food, Franchise

Hours Of Operation

Mon-Thur 10am-8pm / Fri 10am-9pm / Sat & Sun 10am-7pm

Employees Full Time

1

Employees Part Time

4

Interest Rate / Amortization

8% int., amortized over 60 months

Reason for Selling

Owns Other Businesses / Absentee Owner

Financials

Asking Price
$149K
RevenueMost Recent Year
$390K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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