Subway Sandwich Franchise For Sale - Greater Pittsburgh, Pennsylvania
Subway Sandwich Franchises For Sale in the Greater Pittsburgh, Pennsylvania region for $1,200,000! Six established franchise opportunities, currently grossing an estimated $2,056,607 and net $343,741. Pre-approved for SBA financing with an estimated $300k down! Income based on an absentee owner role. Managers in place. Great locations on busy highways and one is located within a large superstore. Includes all restaurant equipment with an estimated value of $65,000 - $85,000 each restaurant. New owner will need to be approved by the landlord and franchisor.
Frequently Asked Questions:   Price: $1,200,000   Cash Flow: $343,741   Financing: Yes   Listing: Active
What is the current gross revenue for this restaurant? The current gross revenue being generated is estimated at $2,056,607.
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? Yes, this business has been pre-approved for financing of up to $900,000 with an estimated $300,000 down (amount needed is variable depending on buyer’s liquidity and credit score). Buyer must also meet the minimum SBA requirements for lending to include: a minimum credit score of 680 and relevant experience in the restaurant industry, or some type of previous management experience from another industry. Be advised there is no seller financing for this restaurant. View SBA loans or more 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 $1,712,866 per year.
Is the restaurant property owned or leased? Currently the owner leases the properties. New owner must be approved by the landlord. Note: New buyer will sign lease terms with the property owner.
Where is the restaurant located? Located in the Greater Pittsburgh, Pennsylvania 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 unit, 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. Estimated value is $65,000 - $85,000 each restaurant.
How many customers can this restaurant seat? This restaurants can seat between 30 and 50 inside. One restaurant also offers outside seating.
Does this restaurant currently have a beer or liquor license? No, there is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service? One location offers drive-thru services and all six offer catering services.
How long has the seller owned the restaurant? Seller has owned the restaurants for 5-18 years.
Why is the owner selling? Owner is retiring.
What are the hours of operation? These restaurants operate 7 days a week at different times varying from 7am - 9pm, 7am - 10pm, and 7am - 11pm.
What else should I know? Established franchise opportunities. Turnkey and move in ready. Includes the cost of all equipment. Plenty of opportunity to increase revenue. Subway has a great reputation and brand recognition. Priced at $1,200,000. 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.