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Asking Price: $125,000

Palm Beach Jon Smith Subs Shop for Sale

Not Disclosed, FL
Palm beach County

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. Fourteen of the locations are in Florida, so brand awareness is good in Palm Beach County.Opened in 1992 and under current ownership since 2023, 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 2023 were $159,000 and in 2024 were$ 438,000. The seller's discretionary earnings pace exceeded $64,000 in 2024. 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. The location of this Jon Smith Subs Shop for Sale is in a prime area, situated within a busy shopping center anchored by a Panera Bread and First Watch. 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 59,000 people living within a 3-mile radius. The average household income in the area is $90,000, presenting a strong customer base with spending power .Contact We Sell Restaurants today for more informati0n.The restaurant itself offers seating for 38 guests inside, 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 1430 square foot restaurant is only $7,535 including all CAM's, Taxes, and trash removal. The current lease expires on Sept 31, 2027 with one 5 year option.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 45-50 hours per week, balancing both administrative tasks and hourly functions. There is one full-time employees and three 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.

Cash Flow $63,926
Revenue $438,712

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