2023 Sales! North Charleston, SC 29405

Property Details for 2023 Sales!

Year built

1995

Property size

1,200 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This established Subway franchise presents a lucrative investment opportunity in North Charleston, South Carolina. Boasting impressive 2023 average weekly sales of $8,570, this turnkey operation generated nearly $450,000 in gross revenue, resulting in over $50,000 in owner take-home cash. The 1,200 square foot restaurant, built in 1995, is located in a high-traffic area with over 29,000 vehicles passing daily, ensuring consistent customer flow. The current lease, expiring May 31, 2026, features a monthly rate of $3,532, inclusive of CAMs, taxes, and insurance. Four additional five-year renewal options are available. All furniture, fixtures, and equipment necessary for full operation are included, as required by Subway and installed by the seller (a detailed list is pending). The business currently employs eight staff members, providing a seamless transition for the new owner. This profitable franchise benefits from the strong Subway brand, including ongoing advertising, menu flexibility, customer loyalty programs, and a robust support system. The restaurant features 24 seats for indoor dining. The business is an asset sale and meets SBA lending requirements, making financing readily accessible. This represents a unique opportunity to acquire a well-established, profitable business with significant growth potential within a thriving market.