Absentee-Owned Subway in West Memphis, AR! 15 minutes from Memphis, TN

Asking Price$349,000

Cash Flow
$108,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$416,000

InventoryNot Disclosed

FF&ENot Disclosed

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Absentee-Owned Subway in West Memphis, AR! 15 minutes from Memphis, TN


Asking Price$349,000

Cash Flow
$108,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$416,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Seller is 100% Absentee! Huge Opportunity for an Owner-Operator!

Sales for 2024 were over $416,000 last year or $8,008 per week! Sales have increased for 3 consecutive years!

Net Profit is $108,000 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 has satisfied all remodeling requirements! Store looks brand new! The buyer does not need to remodel for at least another 5 years!

Franchise Transfer fee is only $4,000!

Average traffic count of 16,000 vehicles passing by the store each day!

Close to Arkansas State University Mid-South with over 1,000 students and faculty!

Nearby West Memphis Christian School, St Michael's Catholic School, Faulk Elementary School, Weaver Elementary School, and Bragg Elementary School collectively serve over 1,500 students and faculty!

Surrounded by 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.

15 min from Memphis, TN! 2 hours from Little Rock, AR! 3 hours from Jackson, MS! 3 hours 30 minutes from Nashville, TN!

Asking Price for Business-only: $349,000 plus inventory!

Seller has another Subway that he is willing to sell only 1 hour away in Harrisburg, AR!
About the Business
Website
https://riverbrokers.com
Real Estate
Owned or Leased
Leased
Rent
$2,500.00 per month
Listing Info
ID
2394179
Listing Views
444
Business Location

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Business Listed by: Kavita Purohit River Brokers

Listing ID: 2394179 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.