Fraser, MI 48026,31938 Groesbeck Hwy.
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Fraser, MI 48026,31938 Groesbeck Hwy.
Fraser, MI 48026,31938 Groesbeck Hwy.
Fraser, MI 48026,31938 Groesbeck Hwy.
Fraser, MI 48026,31938 Groesbeck Hwy.
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$ 175,000
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31938 Groesbeck Hwy. Fraser, MI 48026

1,200 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $145

MLS Listing ID 20251038188

Year Built 1990

Lot Size 2 Sqft

Property Sub-Type Business

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 franchise
NOTE: 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 - $20,000
Ongoing Royalty Fee: 4-6%
Ad Royalty Fee: 4%
On-The-Job Training: 92 hours
Classroom Training: 28 hours
Additional Training: Company store
Absentee Ownership Allowed
Number of Employees Required to Run: 3 - 4

Location

State MI

County Macomb

Area Area03181Fraser

Interior

Heating ForcedAir, NaturalGas

Cooling CentralAir

Exterior

View Y/N No

Garage false

Building

Foundation Slab

Sewer PublicSewer

Water Public

Schools

School District Fraser

Others

Senior Community false

Acceptable Financing Cash, Contract, OwnerMayCarry

Listing Terms Cash, Contract, OwnerMayCarry

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Joseph A Nahra of Joseph A Nahra
Tim Sova

Tim Sova

Broker Associate

+1(810) 844-2316

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31938 Groesbeck Hwy.