Subway Sandwich Franchise For Sale - Tamarac, Florida
Subway Sandwich Franchise For Sale in the Tamarac, Florida region for $440,000! Established franchise opportunity, currently grossing an estimated $504,400 and nets $106,390. Income based on an owner/operator role. This restaurant is located in a large, busy shopping plaza and has been renovated with a brand new store design including touch screen ordering. Restaurant can seat 32 inside. Local area includes commercial, industrial and residential properties. This store has great reviews. Includes all restaurant equipment which is in "like new" condition with an estimated value of $120,000. New owner will need to be approved by the franchisor.
Just announced: Starting January 2019, Subway is now offering its "Fresh Now" program (a restaurant refresh package) at no cost to franchise owners. This is not a restaurant remodel, instead its a marketing and merchandising refresh program that lays the groundwork for all of the great things coming soon – such as menu innovation and restaurant remodels. Subway continues to reinvent itself based on evaluation of its competition and changing economic times. Because of this constant evolution, Subway continues to be the largest restaurant franchise in the world!
Frequently Asked Questions:   Price: $440,000   Cash Flow: $106,390   Financing: No   Listing: Inactive
What is the current gross revenue for this restaurant? The current gross revenue being generated is estimated at $504,400.
How does the restaurant profit? Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant? There is no seller financing. This business may qualify for a business or SBA loan. However, if financing is needed for startup cost you can review additional Financing Options Here.
What is required in order to qualify for purchase? Typically, most franchise restaurants will have liquidity and net worth requirements (to be determined on an individual basis by franchisor), require the buyer to attend an interview for approval, background check, and in most cases, require you to form an entity such as an LLC or Corporation to purchase. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What are my expenses and overhead for a restaurant business? Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: royalties, payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance. Expenses are estimated to be $398,010 per year (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).
Is the restaurant property owned or leased? The property is leased by Subway and new owner would be a sub lessee.
Where is the restaurant located? Located in the Tamarac, Florida region. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale? Current list of equipment includes: back refrigerated counters, sandwich units, microwaves (commercial grade), toaster oven, cooler, freezer, baking oven, proofer, bread trays, liners, veggies cutter, tomato cutter, thermometer, bread template, soda fountain, ice machine, POS system, camera security system and furniture. All equipment is in a "like new" condition with an estimated value of $120,000.
How many customers can this restaurant seat? This restaurant is 1,400 sq. ft. and can seat approximately 32 inside.
Does this restaurant currently have a beer or liquor license? No, there is no beer or liquor license included with this sale.
Is this a viable business model for growth? Yes! To date Subway is the largest franchise in the world! Currently they are in the process of remodeling and advancing the business model which in turn is creating opportunities for existing and new franchise owners. In fact, CBS recently did a segment with Subway's CEO about the company’s plans for the future. View The Video Here!
Does the restaurant offer drive-thru or delivery service? There is no drive-thru but delivery service and catering services are offered.
How long has the seller owned the restaurant? Seller has owned this restaurant for 2 years.
Why is the owner selling? Current owners purchased this restaurant with a view to remodel, improve sales and resell.
What are the hours of operation? This restaurant is operated from 6.30am to 10pm Monday - Friday, 8 am to 10pm on Saturday and 9am to 9pm on Sunday.
What else should I know? Established franchise opportunity. Turnkey and move in ready. Includes the cost of all equipment. Store has been remodeled with a brand new design. Plenty of opportunity to continue to increase revenue. Subway has a great reputation and brand recognition. Priced at $440,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.