County - PROFITABLE Firehouse Subs Franchise For Sale In Palm Bch, Boynton Beach, FL 00000
- Retail properties & Spaces
- 1,400 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for County - PROFITABLE Firehouse Subs Franchise For Sale In Palm Bch
- Year built
- 2014
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
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.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boynton Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0925
- Latitude
- 26.5276
