Absentee Run Sub Shop in Oakland County Michigan

Listing Price: $325,000

Asking Price: $325,000
Gross Revenue: $527,948
FF&E: $200,000
Inventory: $7,000
Rent: Landlord will sign a 10 year lease
Established: 2002

Business Description

Turn-Key Sub Shop in Southfield Michigan

This is an excellent opportunity to own a well-known franchise sub-shop known for freshly made, convenient, and affordable food. This turn-key franchise was remodeled in 2022 and is in great condition. The average sales are $10,000 per week without an owner present. New owners can continue with the same operation or get involved and increase sales dramatically.

Detailed Information

Location: Oakland County, MI

Inventory: Not Included in Asking Price

Real Estate: Real Estate for Lease

Building SF: 1900

Lease Expiration: 2028-01-01

Employees: 3FT / 3PT

Facilities: Located in a popular strip center off of the main roadway. Leased space offering 1,900 square feet.

Competition: This restaurant has been in the community for over 20 years and will continue for another 20 with a motivated owner.

Growth & Expansion: Increasing the marketing budget will help sales. There is a great opportunity to increase sales by focusing on catering. There are many offices and industrial parks in the area.

Financing: Cash or Bank Financing

Support & Training: The Buyer must have franchise approval and comply with the required training.

Reason for Selling: Other Business Interest

Lease Info: $3,100 Gross Lease