#1 Fastest Growing Franchise

Undisclosed Address, Rhode Island
Business Opportunity for Sale
Catylist Listing ID: 30127492
Property Subtypes: Food and Beverage
Building Size (RSF): 1,600 SF
Sale Price: $295,000
Franchised Business: Yes
Gross Revenue: $500,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller
Last Updated: 7/19/2017

Overview / Comments

Excellent opportunity to acquire a prominent high volume location for America's #1 fastest growing food and beverage franchise. This location is just one of a multi store acquisition opportunity. This store offers an opportunity for growth with a full time owner/operator. A true "Turn Key" business venture with top notch training, product development, advertising, field support and purchasing cooperative.
Long term lease in place. Sale includes all existing equipment. Inventory sold separately.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $85,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Long term lease in place through 2025. Base rent is $3,700 per month plus $600 per month NNN.
Mgmt/Training Support Description: Franchisee Training Two weeks at SUBWAY® restaurants’ corporate training facility in Milford, CT provides you with the foundation of knowledge and the operational experience to run your restaurant to SUBWAY® standards.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,055 20,947 38,640
Median Age: 41.9 43.9 44.31
Households: 433 8,398 14,886

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