SUBWAY IN OUTSTANDING CAPITOL HILL LOCATION
Seller:
Attn:
Kirk or Randi Edwards
Location:
Seattle, WA, USA
Listing Number:
"hfngCapitolSubway"
Overview:
This is an outstanding location in the heart of the Capitol Hill area. The Capitol Hill area is home to many businesses, apartments, homes, and condos with a demographic make up that insures the success of this business. This is the only Subway in this area of Capitol Hill. There is virtually no competition. The current owner is moving back to New York to be close to his family. This is the #1 Fast Food Franchise in America. The business occupies 730 square feet with seating for 15. 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 on Capitol Hill. It is surrounded by offices, businesses, apartments, homes and condos. The business occupies 730 square feet with seating for 15. The base monthly rent is $3,738 plus NNN charges of $665. The Lease runs till 10/14/2010 with a 5 year option to extend the term.
Market Competition and Expansion:
This is an outstanding location in the heart of the Capitol Hill area. The Capitol Hill area is home to many businesses, apartments, homes, and condos with a demographic make up that insures the success of this business. This is the only Subway in this area of Capitol Hill. The current owner has done very little promotion or advertising in the year they have owned this business. The new owner could certainly promote the service to more of the businesses in the area and the people who live in the area. There is a big need for a delivery service in this area and the new owner could add this service.
Additional Details:
Contact this Seller
To contact the seller of this specific business for sale please complete and submit the following form. *All fields are required.