For Sale
$125,000

County - PROFITABLE Firehouse Subs Franchise For Sale In Palm BchBoynton Beach, FL 00000

Palm Beach County, FL Restaurant - $125K

Overview

Added:
Dec 11, 2024
Days on market:
114
This established Firehouse Subs franchise, located in a Palm Beach County, Florida shopping center, presents a lucrative investment opportunity. Boasting 1,400 square feet, the restaurant opened in 2014 and has been under current ownership since 2022. In 2023, it generated $515,231 in gross revenue, yielding a net cash flow of $44,164 for the semi-absentee owner, who currently works approximately 10 hours per week. The efficient operation utilizes three convection steamers for fast service and features commercial-grade refrigeration. No exhaust hood is required, simplifying maintenance. The lease, at $5,004 per month (including CAMS, taxes, and insurance), extends until December 20, 2028, with an option to renew. The seating capacity is 40 guests. The business benefits from a prime location within a shopping center anchored by big-box retailers and surrounded by residential communities. The three-mile radius boasts a population of 107,833, with a daytime population of 98,101, and an average household income of $98,639. Growth potential exists through increased catering and delivery services. The sale includes all equipment, including two sandwich coolers, five prep tables, a conveyor oven, and various other kitchen appliances. The franchise agreement transfer fee is $10,000, which includes six weeks of brand training and ongoing support. Royalties are 6% of sales, and marketing fees are 5% of sales. This turnkey operation offers immediate income and significant growth potential within a nationally recognized brand. The six employees, including a manager and key employee, ensure smooth daily operations. The business is also part of a group providing box lunches to government agencies during emergencies. The asking price is $125,000, with no seller financing available. The seller will provide two weeks of post-closing assistance.

Highlights

  • 20 tables, 44 chairs, 2 highchairs, and 1 stool.
  • Two trash bins, ice machine, and POS system.
  • Two two-door sandwich coolers, 5 prep tables, table top oven, 3 steamers, conveyor oven, single glass door beverage cooler, three-door stand-up cooler, single-door stand-up freezer, slicer, and freezer chest.
  • Stainless steel shelving, microwave, and three-compartment sink; assorted pots, pans, and utensils.
  • Seller financing unavailable.
  • Franchise training required; seller provides two weeks post-closing assistance.

Property Details for County - PROFITABLE Firehouse Subs Franchise For Sale In Palm Bch

Property type
Retail properties, Restaurants
Square Feet
1,400 SF
Year Built
2014

Location Insight

City
Boynton Beach
County
Palm Beach
State
Florida

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