Subway Sandwich Franchise For Sale Nokomis, Florida
Subway Sandwich Franchise For Sale in the Nokomis, Florida region for $170,000! Established franchise opportunity, currently grossing an estimated $429,338 and nets $46,731. Income based on an absentee owner/operator role. Restaurant seats 42 inside. Located in a large, busy shopping plaza. Includes all restaurant equipment with an estimated value of $80,000. New owner will need to be approved by the landlord and franchisor.
Frequently Asked Questions:   Price: $170,000   Cash Flow: $46,731   Financing: No   Listing: Active
What is the current gross revenue for this restaurant? The current gross revenue being generated is estimated at $429,338.
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? Unfortunately 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 $382,607 per year.
Is the restaurant property owned or leased? Currently the owner leases the property. 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 Nokomis, 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 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 $80,000.
How many customers can this restaurant seat? This restaurant can seat 42 inside.
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? There is no drive-thru or delivery service but a catering service is offered.
How long has the seller owned the restaurant? Seller has owned this restaurant for 10 years. The restaurant has been established for 13 years.
Why is the owner selling? Owner does not have time to run this business as they have two other businesses.
What are the hours of operation? This restaurant is operated from 7am to 10pm Monday - Friday, 8 am to 10pm on Saturday and 8am to 9pm on Sunday.
What else should I know? Established franchise opportunity. 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 $170,000. 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 Sellerís 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.