Retail•Restaurant•For Sale

3757 Plainfield Ave SE, Grand Rapids, Michigan 49525

Sale Price $75,000
Sale Type Business for Sale
Gross Bldg 900 SqFt
Market Grand Rapids
Why build a business from scratch when this established Subway is turnkey ready? Real estate in this booming market is tight but this franchise is up and running in a great location inside a big box store with heavy shopper activity and street traffic counts of 33,126. This Subway is located on a main artery through a populous area. Average household income is more than $50,000 and these are busy households who spend money dining out and pick up a foot long at will. This Subway leases a 900 sq. ft. space and has seating for 16 hungry customers. This award-winning brand provides new franchise owners with two weeks of in-depth training! The transfer fee for this Subway for sale is $7,500. Royalties are set at 8% and the marketing fees are 5%. Buyer is to negotiate their own lease with landlord. Financials available upon request upon submission of a completed confidentiality agreement. Grand Rapids, MI suburb. Address shown is for broker, not the business. Please contact broker for details.
  • Located inside a big box store that's open 24 hours
  • Big box store employees are frequent customers, along with store shoppers
  • Up and running with a solid history of profitability
  • Store can be run with only one person on duty most of the time
  • Seller and franchisor offers training and support
  • Property is located next to apartments and trailer home park
  • Contact Listing Agent for NDA/ Confidentiality Agreement to receive more information
  • No real estate is included in the sale. Buyer is to negotiate lease with landlord.
  • Buyer to meet franchise qualifications
3/11/2019 7:17:04 PM 3/11/2019 7:17:04 PM
Kathy DeVries
Realtor, Certified Business Intermediary
Keller Williams Grand Rapids

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