Absentee-Owned Subway near Memphis, TN!
| Asking Price: | $399,000 |
| Gross Revenue: | $404,000 |
| EBITDA: | $92,000 |
| Cash Flow: | $91,875 |
| Rent: | $2,500 |
Absentee-Owned Subway in West Memphis, AR near Memphis, TN!
Sales for 2023 were $404,000 last year or $7,771 per week!
Net Profit is $92,000 AFTER paying over $114,000 in Employee Payroll, rent, and all other expenses!
Store is open from 8:00 am to 9:30 pm Monday to Friday and 9:00 am to 9:00 pm Saturday and Sunday!
Rent is ONLY $2,500 per month AND includes water, sewer, and trash!
Seller is 100% Absentee! Huge Opportunity for an Owner-Operator!
Seller has satisfied all existing remodeling requirements! Store looks brand new! The buyer does not need to remodel for another 6 years!
Franchise Transfer fee is only $4,000!
Seller has another Subway that he is willing to sell only 1 hour away!
Less than 15 min from Memphis, TN!
1 hour from Jonesboro, AR! 1 hour 50 minutes from Jackson, TN, and Oxford, MS! 2 hours from Little Rock, AR! 2 hours 15 minutes from Tupelo, MS! 3 hours 30 minutes from Nashville, TN!
2 miles from Arkansas State University Mid-South with over 450 students, West Memphis Christian School with over 150 students, Faulk Elementary School with over 570 students, St Michael's Catholic School, Memphis Bartending School, Weaver Elementary School with over 290 students, Bragg Elementary School with over 560 students.
2 miles from apartment complexes like Riverbend Apartments, Frisco Park Apartments, Urban Apartments West Memphis, Pine Ridge Apartments, Ridge At West Memphis, The Ridge Phase lll, Meadows Apartments, and Arrington Estates West Memphis.
Average traffic count of 16,000 vehicles passing by the store each day!
Asking Price for Business-only: $399,000 plus inventory!
