Long time established Subway Restaurant for sale in Titusville near Cape Canaveral. Opened 42 years ago, this Beachside sub shop has been run by the current owner for 28 years who is looking to retire.
Long-term lease in place including 2 – 5 yr options. New Subway Franchises to open will range from $200K - $460K with no history or financial track record. This location has a good long record of success indicating stability, community trust, and a proven business model. It is also a turnkey operation with an experienced and well-trained staff in place, ensuring a smooth transition for the new owner.
Buyer will need to qualify with Franchisor and will need $150,000 Net Worth with $100,000 Liquid Assets (cash-on-hand). The seller is in the process of completing the remodeling and the asking price will reflect a 100% remodeled store at closing.
This Subway franchise represents an outstanding opportunity for an entrepreneur looking to enter the fast-food industry with a leading brand or an existing franchisee seeking to expand their portfolio. The combination of a newly remodeled store, low operational costs, and a decades-long establishment in a growing Florida community makes this an investment worth considering.
For more information including a full summary package please contact Franco Ferrari & Robert Borrelli today with Sunbelt Business Brokers of Orlando (Selling businesses since 1985 with over 1,000 SOLD).
Financial Information
$249,500
Asking Price
$72,341
Cash Flow
$261,352
Gross Revenue
$149,500
Down Payment
Yes
Financing
Business Location
City:
Titusville
State:Florida
Financing Comments
Seller will finance $100,000 for 48 months at 6%
Reason for Sale
Other Business Interests
Detailed information
Year Established:42
Home Based:No
Franchise:Yes
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:4
Contractors:2
Owner Worked Hours/w:60
Adjusted EBITDA:
N/A
Inventory Included: Yes
Inventory Value:
$3,000
Monthly Rent:
$1,609
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 1000
FF&E Included?: Yes
FF&E Value: $50,000
Training/Support
Seller will provide one week of training at no cost to buyer
Facilities
Freestanding building with lease thru 8/31/2027 with options to renew