31938 Groesbeck Hwy. Active

Fraser,MI 48026

$ 175000

- Bed

0 Bath

10000 SqFt


Key Details

Property Type Commercial

Sub Type Business Opportunity

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $17

Subdivision City Of Fraser

MLS Listing ID 20251038188

Year Built 1990

Annual Tax Amount $21,650

Lot Size 2.020 Acres

Property Sub-Type Business Opportunity

Property Description

Showings by appointment only with the listing Broker Joe Nahra.Tubby's submarine Franchise at this location for many years providing great service and sandwiches to the community. Inside seating and delivery service offered for customers. Catering service with a large menu including party submarine sandwiches. Hours of operation are Monday to Friday 11 AM to 8 PM, Saturday 11 AM to 7 PM and Sunday closed. With increasing the open hours and Sunday the business could show an increase in gross sales. Tubby's offer's complete Training included with the Transfer fee of the Franchise. Tubby's makes and sells deli-style and grilled-to-perfection submarine sandwiches all on their in-store freshly baked buns. Tubby's also has a specialty salad line, soups and various side items, including fries and freshly baked desserts, they also offer gluten free bread. Dining room seating for 24 guests. You will also appreciate the great support and training that the franchise will provide you. From the beginning, franchise owners can expect a great training program that takes place at the corporate headquarters before the grand opening of your location. The training program is broken down into classroom and on-the-job instruction and provides you with everything you need to know about the business. This including hiring, managing HR and sales, inventory, and more. Franchise owners can also expect grand opening and site selection support, marketing and advertising tools, and ongoing support for the rest of your time with the franchiseNOTE: The property taxes and land size are for the total shopping center and not for the Tubby's location only. Initial Franchise Fee: $17,500 - $20,000Ongoing Royalty Fee: 4-6%Ad Royalty Fee: 4%On-The-Job Training: 92 hoursClassroom Training: 28 hoursAdditional Training: Company storeAbsentee Ownership AllowedNumber of Employees Required to Run: 3 - 4

Location

State MI

County Macomb

Area Macomb County - 50

Zoning Commercial

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Slab

Water Public

Schools

School District Fraser

View More
Favorite Go Tour