Jon Smith Subs Shop For Sale Nets $68,669 Annually - Palm Beach

Business Overview:

Purchase this profitable Jon Smith Sub Shop for Sale in thriving Palm Beach County. Become part of the franchise group that currently has 29 locations in 11 states. Be Profitable on Day One as the Seller Netted $68,669 in 2024.Opened in 1994 and under current ownership since 2017, this Franchised Jon Smith Subs Shop for Sale is easy to operate and maintain. The restaurant is up to the high standards set by the franchise, with no expense spared on its build-out. Sales in 2024 were $445,000 with a sellers discretionary earnings of $68,669. Sales in 2023 were $436,561. The restaurant offers seating for 24 guests inside and 4 guests outside, creating an inviting space for both takeout and dine-in customers. The well-positioned restaurant benefits from steady customer traffic and local demand for high-quality sandwiches. The monthly rent for this 929 square foot restaurant is only $3,462 including all CAM's, Taxes, and trash removal. The current lease expires on May 31, 2026, and the landlord is open to an extension. The location of this Jon Smith Subs Shop for Sale is in a prime area, situated within a busy shopping center anchored by a Publix grocery store. The center is surrounded by a variety of retail shops, service providers, and other restaurants, creating a high-traffic environment that drives foot traffic. The surrounding area is also highly residential, with over 55,830 people living within a 3-mile radius. The average household income in the area is $94,833, presenting a strong customer base with spending power.Contact We Sell Restaurants today for more information. The sub shop has two separate revenue streams. Fresh, made to order subs and salads is the first source. The second will come from a separate catering menu. Growth potential is in the promotion of the catering business. The franchise provides excellent support and charges a royalty of 6% and a fee of 3% for marketing. The transfer and training fee for this franchise is $19,500. This well-established and fully equipped Jon Smith Subs Shop for Sale presents a great opportunity for both experienced operators and first-time buyers. The kitchen features top-of-the-line equipment, including an 8-foot hood, flat top, fryer, tabletop steamer, and commercial-grade refrigeration, ensuring efficient operations and high food quality. The restaurant's operations are streamlined, with the current owner working approximately 40 hours per week, balancing both administrative tasks and hourly functions. There are two full-time employees and six part-time staff members who help manage the day-to-day activities of the business. A new owner should focus on growth opportunities such as catering and corporate events. This hands-on model makes this Jon Smith Subs Shop for Sale an attractive option for both newcomers and seasoned operators seeking a profitable, turnkey business.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

trash recepticleneon sign3 four top tables6 two top tablesfreezer chest24 chairssmall beverage coolerice machineToast POSchip displaySS shelvingtwo door sandwich coolerflat topfryerheat lamptable top steamerfreezer chest2 prep tablesslicerresidential coolertwo door stand up coolerthree compartment sink

Market Competition and Expansion:

With 30 years of goodwill built in, this restaurant has a steady and loyal customer base. Great location on a very busy road with good street visibility.

Reason for Selling:

Retirement

Additional Details:

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