Growing Walmart Subway Northern NJ - Low Overhead!
Not Disclosed, NJ Not Disclosed
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- RE: Growing Walmart Subway Northern NJ - Low Overhead!
- Contact: Cheryl Venezia
Quick Facts
| Asking Price: | $125,000 | |
| Annual Revenue: | $266,968 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $61,352 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 2 | |
| BBN Listing #: | 61114955 | |
| Broker Reference #: | 3407-16822 |
Business Overview:
Growing Subway Franchise inside Walmart with low low overhead! Shop offers Subway Sandwiches and Mama DeLuca menu items (Pizza, Pasta, Wings) and interior is beautifully updated according to Subway's Fresh Forward Design. · Steady increase in sales each week, up 20% year over year · Turn-key with staff in place to operate store, or can be operated by owner · Prominent shopping plaza near busy Interstate Highways · Menus offer quality and nutritious meal options at affordable prices · Meats now sliced fresh onsite · Assets included are worth well more than asking price · Low overhead - Rent and Utilities charged on a sliding scale as a % of sales (no CAM) · Seller Financing available for a well-qualified buyer The location was opened in 2019 with new and fresh decor, includes state of the art equipment: Digital Menu Boards Free-Style Soda Machine with hundreds of flavors Proofer / Oven Combo ICEE Machine Bench Seating Pergola and Recessed Lighting Ceramic Tiles Meat Slicer Assets included are worth well more than asking price. This is a great business for an owner operator or a couple of partners looking to grow. Simple operation: food service experience is helpful but not required.
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Property Features and Assets:
Located inside Walmart in a busy shopping district located near major highways. Assets = $155,500.
Market Competition and Expansion:
The other fast food options in the vicinity are more expensive. No other national sandwich franchises are within the shopping plazas.
Increase operating hours - currently open 9:30am - 8:30pm; however retail store operating hours are 6am - 11pm.
Reason for Selling:
Semi-retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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