$250,000
Royal Palm Beach, FL 33411
MLS# RX-10922996
2 baths | 975 sqft
1 / 4
Property Description
Long time established John Smith Sub Shop for sale in Palm Beach County. OWNER NETS $90K, SELLER FINANCING AVAILABLE with additional fee and buyer eligibility. OPERATING BUSINESS PLEASE DO NOT DISTURB STAFF Located in Publix plaza at busy intersection in Royal Palm Beach. Inside & outside seating totaling 32 seats. Offering pick-up, and delivery. Website allows customers to order online direct to restaurant for pick up orders. John Smith Sub Shops have been serving Palm Beach County for over 30 years. New Franchise locations to open will range from $300K - $500K with no history or financial track record. This location has a good long record of success. Buyer will need to qualify with Franchisor. Lease to transfer.
Details
Maps
Contract Information
Status: Active
Original List Price: 325000
Auction: No
List Price: $250,000
Current Price: $250,000
List Price/SqFt: 256.41
Listing Date: 2023-09-28
Comm/Non-Rep: $0
Comm/Buyer Agent: 5%
Comm/Trans Brk: 5%
General Property Description
Type: Business
Business Name: Danna Sub Shop Inc
Business Type: Franchise
Year Established: 1988
Annual Base Rent: 2980
Lease Expires: 2026-05-30
Year Built: 2010
Built Desc: Resale
SqFt - Living: 975
SqFt Source: Other
SqFt - Occupied: 975
% Air Conditioned: 100
Baths - Total: 2
Training Available: Yes
Waterfront: No
Directions: Royal Palm Beach Blvd and Okeechobee Blvd intersection. Crossroads Publix Plaza
Location, Tax & Legal
Area: 5530
Geo Area: PB24
Country: United States
County: Palm Beach
Street #: 1124
Street Name: Royal Palm Beach
Street Suffix: Boulevard
State/Province: FL
Zip Code: 33411
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
Geo Lat: 26.706772
Geo Lon: -80.226537
Office/Member Info
DXORIGMLNO: RX-10922996
DXORIGMLSID: RML
Building Info
# of Employees: 8
Seating Capacity: 32
Monetary Info
Inventory: 5000
Fixtures/Equipment: 25000
Property Features
Location: Anchor Center; Shopping Center
Type of Building: Anchor Center; Commercial; Restaurant; Retail; Shopping Center
License: City Occupational; County Occupational
Sale Includes: Equipment; Fixtures; Furniture; Inventory; Signs
Expenses Incl: Payroll; Rent; Trash Removal; Utility-Telephone
Avail Info: Copies of Lease; Equipment Inventory; Full Financials
Avail Docs: Occupational License
Lease Term Rem: 1-3 Years
Ownership: Corporation
Special Info: Sold As-Is
Cooling: Central
Miscellaneous 1: Kitchen Facilities
Miscellaneous 2: Private Restroom; Restaurant
Utilities: Cable; Electric; Municipal Water; Public Sewer
Fire Protect: Smoke Alarm; Sprinkler
Flooring: Tile
Road: City / County Maint; Mainthru; Paved
Parking: Common; Free
Terms Considered: Cash; Conventional; Other
Possession: At Closing
Listing Office: Keller Williams Realty - Welli
Last Updated: April - 17 - 2024
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Tuesday 30th of April 2024 07:03 AM