SUBWAY IN OUTSTANDING DOWNTOWN LOCATION
Seller:
Attn:
Kirk or Randi Edwards
Location:
Seattle, WA, USA
Listing Number:
"hfngSubwayFisher"
Overview:
This Subway has an outstanding location in the Fisher Plaza right across from the Seattle Center. It is surrounded by offices, businesses, and condos. There is virtually no competition. The current owner has moved to NY to pursue her MBA. This is the #1 fast food Franchise in America. The business occupies 1106 sq ft with seating for 16. The new owner could easily add a delivery service which is in huge demand in this area. The Franchise fee is 8% - Ad Fund Fee is 4.5% and the Transfer fee is $7,500. This is priced to sell fast.
Property Features and Assets:
This business has an outstanding location in the Fisher Plaza right across from the Seattle Center. It is surrounded by offices, businesses, and condos. The business occupies 1106 sq ft with seating for 16. The base monthly rent is $3,272 plus NNN charges of $989. The Lease runs till 5/3/2013 with a 5 year option to extend the term.
Market Competition and Expansion:
This is the only deli style fast food in the Fisher Plaza and surrounding area. The Fisher Plaza is home to many businesses and there are a number of surrounding businesses that frequent the business for lunch and dinner. This is the only Subway in the area.
The current owner has done very little promotion or advertising in the year she has owned this business. The new owner could certainly promote the service to more of the businesses in the area and the people who work in the Plaza. There is a big need for a delivery service in this area and the new owner could add this service.
Additional Details:
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