PRICED RIGHT TO SELL ! SALES APROX $335,000 PER YEAR
Style: Single Story
Development Level: Built
o ESTABLISHED Location: SUBWAY FRANCHISE RESTAURANT BUSINESS – PRIME YORK REGION VERY HIGH TRAFFIC - RETAIL LOCATION
(LARGE SIZE STORE APPROX 1500 SQ FT ) **** UPSCALE DÉCOR PACKAGE ****
o Sales approx $335,000 / YEAR NET SALES (As per seller)
o VERY VERY LOW RENT OF ONLY $3544 PER MONTH (INCLUDES TMI)
o UTILITIES APPROX $1000 PER MONTH
o Accounting approx $200 / month
o Royalty approx 8%
o Insurance approx $100 /month
o Food Cost approx 30%
o HEAVY TRAFFIC LOCATION, SURROUNDED BY COMMERCIAL AND RESIDENTIAL CONDOS, AND INDUSTRIAL,
o AREA IS FULL OF POTENTIAL!!! POSSIBLY INCREASE HOURS, SCHOOL ORDERS OR EXTENDED CATERING TO POSSIBLY INCREASE SALES, COULD BE $500,000 IN NEAR FUTURE
o Marketing/advertising approx 4.5%
o LONG Lease Terms !
o SHORT HOURS: Monday to Friday 7am to 10pm and Saturday 8am to 9pm and Sunday 9am to 9pm
o Commercial / Residential Area, Mixed Use Area, School in the area! (SURROUNDED BY COMMERCIAL AND RESIDENTIAL BUILDINGS)
o PRICED TO SELL $199,000
Comments: For an unprecedented 15 times in 20 years, the SUBWAY® restaurant chain has been ranked the number one franchise opportunity in Entrepreneur magazine's 28th Annual Franchise 500® rankings. The SUBWAY® chain has also held the number one designation since 2001. The "Franchise 500" rankings are the most comprehensive franchise rankings in the world and consider many factors, including financial strength and stability, growth r ate, the size of the system and start-up costs.
Client Remks:Established Business/Commercial Area. Wonderful Turn Key Operation. Great Opportunity To Get Into The Most Recognized Sub Franchise W/ The Most Sub Stores! Located In A Highly Desirable Area York Region! Prime Location Surrounded By Commercial/ Residential Buildings Development. *Opportunity For Growth Possibly Expand Hours, School Orders Or Extended Catering!
Extras:Priced To Sell! Sales Aprox $335,000/Yr, Low Rent $3544 Per Mth (Includes Tmi) Long Lease! , Utilities Aprox $1000/Mth, Royalty 8%, Marketing 4.5%, Labour Aprox 20 - 25%, Accounting Aprox $200/ Mth, Food Cost Aprox 30% @Location
Information is deemed to be correct but not guaranteed. Buyer and Sellers Must do their own due diligence !
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