Unique Subway in Quad City Metro
Everyone is familiar with the Subway brand and consistent quality of sandwiches. Fewer know the inner workings of a franchise and what sets some franchises apart from others. This Subway is a shining example of streamlined operations, loyal staff, top notch facilities, prime location, and community support!
Most buyers are looking for a business that has consistent financial performance, isn’t owner operated, can successfully transfer ownership, is adequately staffed with a loyal team, has excellent facilities, and has opportunities to grow. This Subway meets every mark!
Financial Information
- $350,000 Asking Price
- $111,278 Cash Flow
- $417,036 Gross Revenue
- N/A Down Payment
Business Location
- City: Confidential
- State: Iowa
Reason for Sale
- Other obligations and partial retirement.
Detailed information
- Year Established: 2003
- Home Based: No
- Franchise: Yes
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: Yes
- Full-Time Employees: 2
- Part-Time Employees: 10
- Contractors: N/A
- Owner Worked Hours/w: 5
- Adjusted EBITDA: $71,858
- Inventory Included: Yes
- Inventory Value: N/A
- Monthly Rent: $1,500
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- FF&E Included?: Yes
- FF&E Value: $33,031
Training/Support
- One of the greatest aspects of this opportunity is the loyalty and sustainability of their team. The owner is not involved in the day-to-day operations and is confident in the key staff’s willingness to stay long term throughout the ownership transition. The owner has offered to help throughout the transition of a new owner and will help rally community support.
Facilities
- As you will see from the pictures, the store looks amazing! It was remodeled from top to bottom in a substantial, recent remodel. The remodel was required by Subway Corporate and provides new ownership with almost 20 years before the next required renovation!
Market Outlook/Competition
- Location has been a huge factor in this Subway's profitability. There are no other competitors and very few food options within a 10 - 15 mile radius of this Subway. Approximately 80% of sales are from locals, while the other 20% tend to be travelers.
Business Listed by
Michael Weisbeck
Sunbelt of North DakotaContact Business Broker
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