Location: SUBWAY FRANCHISED BUSINESS – DOWNTOWN TORONTO LOCATION ** 1100 SQ/FT RESTAURANT
Sales approx $7000 + per week NET SALES (as per seller)
Rent approx $3020 (includes TMI and WATER and HST) / mth
Utilities approx ONLY $800 / month
Accounting approx $200 / month
Royalty approx 8% and Marketing/advertising approx 4.5%
Insurance approx $80 /month
Food Cost approx 31%
HEAVY TRAFFIC LOCATION, SURROUNDED BY COMMERCIAL AND RESIDENTIAL
AREA IS FULL OF POTENTIAL!!! POSSIBLY INCREASE HOURS TO POSSIBLY INCREASE SALES, COULD BE $500,000 + IN FUTURE POSSIBLY
VERY LONG Lease Terms approx: 4.5 + 5 Years
Phone and Internet $65 per month
SHORT HOURS OF OPERATION: Monday to Friday 7am – 11pm And Saturday 8am – 11pm And Sunday 9am – 10pm
Commercial / Residential Area, Mixed Use Area, School in the area!
Priced to Sell $299,900
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 rate, the size of the system and start-up costs.
Information is deemed to be correct but not guaranteed. Buyer and Sellers Must do their own due diligence !
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