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OFF-MARKET
Retail properties & Spaces

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

1,400 SF Built 2014
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2014
Total area 1,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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