Property Details for 0 Tequesta Subway For Sale - Recently Remodeled Only $119000

Year built

2013

Property size

1,324 SF

Property type

Retail properties & Spaces

Property subtype

Restaurants

Description

This established Subway restaurant in Tequesta, Florida, presents a lucrative investment opportunity. Boasting 1,324 square feet of space in a busy plaza, this location generated gross sales exceeding $275,000 in 2023, yielding a net income of $45,000 for an owner-operator. The restaurant, built in 2013, underwent a recent "Fresh Forward" remodel, incorporating modern equipment like turbo chefs and baking ovens, ensuring minimal future upgrades for at least five years. The lease, expiring December 31, 2028, includes options for renewal and features a monthly rent of $3,100, encompassing all CAMs and taxes. The sale includes all equipment, furniture, and fixtures, along with two weeks of corporate and on-site training. This turnkey operation benefits from a strong brand reputation, a prime location with ample parking and over 25 seats for dine-in customers, and the potential for increased revenue through third-party delivery services. The current owner is retiring, making this a rare chance to acquire a profitable, established business with significant growth potential. The restaurant features a walk-in cooler, freezer, ample seating, display racks, fountain soda machine, beverage cooler, ice tea maker, two turbo chefs, proofer, oven, speed rack, steam table, cold tables, prep tables, microwave, three-compartment sink, and a tomato slicer. The only Subway in Tequesta, it's situated in a high-traffic plaza. This is an ideal opportunity for a first-time restaurant owner or an experienced operator seeking a proven, profitable business.

Location Insight

City

Tequesta

County

Palm Beach

State

Florida

Longitude

-80.0867

Latitude

26.9662