Submarine House 7850 N Main St Dayton Oh 45415 Business, Building, Property and All Assets for Features Sale: $649,000
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Submarine House 7850 N Main St Dayton Oh 45415 Business, Building, Property And all Assets for Features Sale: $649,000 • The building, land, business, FF&E, & D1 liquor permit included in sale • This restaurant is a Franchise and must stay a franchise. The transfer fee is $20,000. The royalties are 2.75% and another 1.5% advertising = 4.25% of Gross Sales • The business sales are over $680,000 annually with cash flow over $130,000 to owner/operator • Business is valued at $290,000 with Real Estate at $359,000 • Owners are looking to retire • *Building built in 1950 • *Building is 2160 sq ft • *HVAC 2-5 ton with one-2019 other one- 2015 • *Roof Replaced 2011 with 30 yr warrenty • *Seats 48 in Dining Area • *.45 acre • *Partial # M60 16304 0001 • *Property Taxes are $4766 annually • *Land use is C Building Use is Restaurant • *Montgomery County Photos Randy Sokol [email protected] Cell: 614-204-4904 Fax: 614-231-5510 Photos Randy Sokol [email protected] Cell: 614-204-4904 Fax: 614-231-5510 Photos Randy Sokol [email protected] Cell: 614-204-4904 Fax: 614-231-5510 Company Story THE 1970’s & 1980’s The very first Submarine House was opened in 1973 on Brown Street near the University of Dayton. It was a true original. Submarine House was the first in the area to introduce the east coast style Cheese steak Sub. It was such a success, that it became the trademark of Submarine House. Working in Dayton, Gary Danner would go to eat there often. Actually, he loved the subs so much, that in 1978 he became the first franchisee, still located today at 7850 N. Main Street. In 1984, after serving thousands of Cheese steaks and Oven Toasted Deli Subs, Gary bought the Submarine House franchise. Submarine House continued to slowly grow and expand around the Dayton, Ohio area. Growing up, Gary’s sons, Jason, Brody, and Seth worked for Submarine House. Jason and Brody went to college to study business and after college went to work full time for the company. THE 1990’s & 2000’s In 1997, Jason opened his first Submarine House and in 1999, Brody opened his first Submarine House. Jason and Brody continued to work with and expand the Submarine House concept. They had always talked about what it would be like to have a Submarine House with a sports bar atmosphere. With both of them playing hockey for Ohio University and spending a few weekends in the bars there, they decided to pursue their dreams. In March of 2006, they opened the very first Submarine House Bar and Grill, and immediately, it was a huge success. Jason and Brody have since taken over the Submarine House franchise. But you can still find Gary, and wife Susan, at the Submarine House on North Main Street. Randy Sokol [email protected] Cell: 614-204-4904 Fax: 614-231-5510 Franchise JOIN THE VISION As part of the expanding Submarine House franchise, you will take part in a well-planned vision that can offer excellent returns within the first year of business and the potential for financial independence. Customers today are looking for a sense of community outside of the workplace and home. The trend toward the fast casual atmosphere has also shaped our business model, as this market has more than doubled in size over the past five years. Results from market research show that fast casual is considered a healthier substitute for fast food and nearly half of consumers are willing to pay more for fresh, superior quality food. Yet, customers are still searching for convenience, which is why our carryout, delivery and catering options have such strong appeal. We also offer healthier menu items and fresh, quality ingredients. While these trends will ebb and flow through the years, the concept of the fast casual restaurant remains intact in American culture. The Submarine House, built in Dayton in 1973, was the first to introduce the East Coast Cheesesteak to Ohio. Submarine House offers customers a full menu featuring numerous cheesesteak options, salads, oven toasted deli subs, appetizers, desserts and more! While we offer a variety of options, we’re known for our 16” subs, with “The Works”, surpassing those 12” subs. We were even voted Best Submarine Sandwich on ActiveDayton.com in 2011 and 2012. CONNECTING WITH CLIENTS ON A PERSONAL LEVEL All franchise members can also take advantage of our targeted, corporate marketing strategy, designed to raise awareness regarding Submarine offerings and value. We provide regular in-store promotions, print ads, an online image library and more, to build customer loyalty and extend the brand geo-graphically. Specifically, we’ve developed strategies geared toward our diverse consumers: an optimized website, submission to local listings, email program, regular advertisements in consumer publications, social media marketing and direct mail to local businesses promoting delivery and lunch options. We’re looking to expand our brand and are always seeking interested, qualified individuals to become franchisees. As an owner/operator, you’ll have tremendous potential to achieve your personal goals of financial independence by building off a brand that’s established, executing a plan that’s easy to ramp-up and by maximizing proven strategies to drive profit. Company Story TODAY Submarine House, or Sub House as many refer to it today, still has their famous Cheese steak as its trademark sub. It has been so successful, that they started offering more. More cheese. More steak. More sub. Sub House created the Super Cheese steak for the best eaters. Super Duper Cheese steak for the elite appetites. Sub House is an original and a one-of- a-kind franchise opportunity. Sub House has been voted the best subs in the area on numerous occasions and we have taken this recipe for success to locations in the Dayton and Columbus markets. If you want to make history in your town, we have the tools and track record to help you succeed. As we say, no other sub measures up! Randy Sokol [email protected] Cell: 614-204-4904 Fax: 614-231-5510 Located in Dayton, right on the corner of N Main St & Springway dr. Location This has amazing Visibility and real Overview easy access to get in. The Traffic count is over 24,000 on N Main St. Location Overview Car Counts Randy Sokol [email protected] Cell: 614-204-4904 Fax: 614-231-5510 Asset List 41 tables 8 wooden bench ends 3 Wooden bench middles 8 chairs 1 POS 2 mobile tray racks 1 chest freezer 2 3 door reach in freezer 2 2 door reach in refrigerator 3 SS tables 3 mobile racks 1 3 comp sink 1 slicer 1 employee hand sink 2 chef bases 1 double fryer 1 grill 1 1/2 size reach in freezer 2 heat lamps 1 ice machine 1 double deck oven 1 security camera system 1 office computer 1 office desk 1 office credenza 1 phone system 2 HVAC units 1 hood w suppression 1 water tank Misc pots pans utensils shelving Randy Sokol [email protected] Cell: 614-204-4904 Fax: 614-231-5510 Demographics Randy Sokol [email protected] Cell: 614-204-4904 Fax: 614-231-5510.