Well Established Location For 32 Years - Current Owner For 16 Years!!
Lake County, IL
Asking Price: $169,000
Gross Sales: $425,000
Net Operating Income: $52,780
Monthly Rent: $5,600
Lease Expiration: 06/2026
Options: Two 5-Year Options
Year Established: 1989
Owner Operated: No
Seller Financing: No
Food Type: Sandwich Shop
Service Type: Fast Food
Business Type: Franchise
Sale Type: Business For Sale

Description:

Undisputed leader for fast, healthy food in the quick service restaurant industry. Easy-to-prepare tasty sandwiches and chopped salads made-to-order using freshly baked breads, variety of cheeses, select sauces and a variety of fresh toppings. Along with flatbreads, paninis, sliders, signature wraps, hot soups, assorted sides, freshly-baked cookies and an assortment of drinks.

The brand continues to introduce new opportunities to further increase sales: new sandwiches, breakfast items, kids’ menu and “fresh fit” healthy meals.

And recently Subway has hit the “refresh button” with 11 new ingredients: artisan Italian bread, hearty multigrain bread, parmesan vinaigrette, smashed avocado, Belgioioso fresh mozzarella, hickory-smoked bacon, oven-roasted turkey, thicker juicier steak, black forest ham, rotisserie-style chicken and choice angus roast beef. Plus 6 new sandwiches: turkey cali fresh, steak cali fresh, rotisserie-style chicken, all American club, subway club and roast beef. In addition to 4 new improved subs: steak & cheese, oven roasted turkey, black forest ham and chicken & bacon ranch.

Subway also has a great rewards program and daily/monthly specials. As well as their convenient express service - customers can place their order online or through their mobile app, ready to be picked up at the store! Can also be delivered through Uber Eats, GrubHub, DoorDash and Postmates.

Plus, they offer delicious and convenient catering with giant subs, piled-high sandwiches, wrap and cookie platters and boxed to-go meals, along with sides and drinks. All popular for sports & social gatherings, office meetings, birthday & holiday parties, field trips and more.

There’s also the company’s commitment to promoting well-being, helping the community and reducing the impact on the environment by moving towards cage-free/free-range eggs, locally sourced vegetables, multigrain breads, meats with no artificial preservatives, artificial flavors or colors, using recycled materials, sustainable agriculture and packaging along with their fight against hunger in America and worldwide.

Simple operation - counter service. Dine-in, carryout, pickup and delivery, plus catering.

Well established location for 32 years! Current owner for 16 years!! Landlord will give $12,000 towards remodeling.

August 2021 average weekly net sales: $8,779.

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Business Website: https://subway.com
County: Lake
Location:

Prime retail space in a freestanding building with great exposure and its own parking lot. On one of the most heavily traveled major roads through the bustling downtown area of this affluent northwest suburb. Walking distance to train, school, parks, shopping, homes and more.

Situated in the 7th wealthiest zip code in the US and was just named 1 of the top 12 best suburban communities by Chicago Magazine. "A great place to live, work, and play!"

Real Estate: Leased
Facilities:

Lease Information: Leased space $5,600/mth gross. Current lease expires in Jun 2026 with two 5-year options. Square Feet: 1,600. Seating: 25. Days/Hrs of Operation: Open Daily 9a-9p.

Number of Employees: 2 Full-Time & 2 Part-Time
Support/Training: Two weeks of on-site comprehensive training in Chicago.
Value of FF&E: Included In Asking Price (Valued at $100,000)
Value of Inventory: $6,000 (Not Included In Asking Price)
Competition:

Serves nutritious and delicious sandwiches, soups and salads. Offers a fresh alternative to traditional fast food, serving about 7 million made-to-order sandwiches a day. Customers can choose from over billions of combinations of quality ingredients. The leader in customizable sandwiches made fresh. Boasts fresh veggies, quality food, smarter nutrition and a commitment to the environment. And the chain continues to evolve the dining experience of its guests!

Consistently ranks in Entrepreneur magazine's Top 500 Franchises list. Ranked as the most loved Fast Food Chain in the U.S. Currently, boasts a robust social community around 24 million on Facebook and Twitter each!

Growth and Expansion:

First store opened in 1965, began franchising in 1974. Started small in the USA before becoming the largest single-brand restaurant chain and the largest restaurant operator in the world. The company founded 54 years ago is still an American privately held franchise with more 41,000 restaurants in more than 100 countries (more than half its locations still in the US). A top brand that is a quick, delicious, nutritious and an affordable choice. The leading choice for people seeking quick, nutritious meal options that the whole family can enjoy. Is still one of the fastest-growing franchises in the world with global brand recognition!

Own the #1 Franchise. It’s a new day for Subway. Get in on the ground floor of their next chapter. From cutting-edge restaurant redesigns, amped up advertising spending to refreshing their menu, there’s never been a better time to be your own boss!

Seller Financing Available: No
Reason For Selling: Retiring.