Sub / Sandwich Shop For Sale in Cleveland

Subway Sandwich Shop

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Listing Number:

42854

Status:

Off The Market

Business Type:

Accommodation & Food Services - Sub & Sandwich Shops

Location:

Cleveland (Cleveland Suburb)

Price:

250,000

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This is a brand new Subway ideally located in a suburb of Cleveland, Ohio. This location is less than one year old. It is located in a strip center on a major throughway. The tenant subleases from Subway at $1274.26 per month including common area maintenance charges. The lease is 5 yrs plus several 5 year options. The build out is brand new featuring tiling and is 1956 square feet with 42 seats. There are 11 total employees; 2 full time including the owners, and 9 part-time. Payroll is $3400 per month. The store is doing very good at less than one year old, approx $800 per day. Training will be provided by Subway and a transition and training provided by the owner included in the purchase price of $350,000 is inventory of $4000 and a franchise fee of $5000. Act fast, this is the #2 hottest franchise in the world. The prospective purchaser must be approved by Subway. Beautiful build out.

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