Contact: Harry Sidhu, CBB At 510-490-9705 - Also Email This Contact Below
Asking Price: $190,000 + Inv Down Payment: All Cash / Loan
Annual SDC: Call / Email
Annual Gross: $436,800
Business Address: None Given City: Stockton Zip: 95209
Attributes: Broker-Broker Coop, Absentee Run, Semi-Absentee Run, Training & Support
Subway is an American privately held restaurant franchise that primarily sells submarine sandwiches and salads.
It is one of the fastest-growing franchises in the world and, as of October 2019, had 41,512 locations in more than 100 countries. More than half of its locations are in the United States. Subway is a Casual counter-serve chain for build-your-own sandwiches & salads, with health-conscious options. Ideally located on a corner of a neighborhood strip center with wide street exposure on a highly traveled city street. Easy ingress & egress with ample free parking.
Seller is retiring after running this great business for the last 10 years.
Walk-In Cooler, Walk-In Freezer, Reach-In Fridge, Bread Oven, Turbo Oven/ Toaster, Bread Proofer, Bread Cabinet, Hot well/ Meat Unit, Cold Veggie/ Meat Unit, 2 Camera Security Camera, POS System w/ Printer, Beverage Fridge, Soda Machine/Counter, 3 Compartment Sink, Prep Tables, Back Counter, All Furniture, and Much More. A full list of equipment is available with the Listing Broker.
Organization: Sole Proprietorship | Square Footage: 1200 sq. ft. approx. | Licenses Required: City Bus Lic, Health Permit, Sellers Permit, Franchise Agreement | Days Open/Hours: 8 am to 9 pm 7 days | Reason for Sale: Retirement | Franchise Royalty: 8% of weekly Gross Sales | Franchise Advertising Fee; 4% of weekly Gross Sales.
Rent: $2298/m including NNN| Lease term: Seller's lease thru Aug 31st, 2021 plus two 5 year options.
Gross Sale: ~$36,400/month ($8400/week) as per 2021 Jan-March combo report
Financing: All Cash.
All information contained in this document resulted from representations by Seller. Brokers and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.
To get more information about this Subway Sandwich Restaurant - Seller Is Retiring business for sale in
Stockton, San Joaquin County please phone Harry Sidhu, CBB (Intermediary, ProBuySell Member, Broker - BRE License #:01433114) at 510-490-9705 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #264987 on BizBen.com. In addition to phoning
Harry Sidhu, CBB, make sure you email Harry Sidhu, CBB above to get more info about this
Subway Sandwich Restaurant - Seller Is Retiring, to ask any questions or request an appointment to see this
business for sale. Thank you.