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31938 Groesbeck Hwy. Fraser, MI 48026
10,000 SqFt
UPDATED:
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
MLS Listing ID 20251038188
Year Built 1990
Annual Tax Amount $21,650
Lot Size 2.020 Acres
Acres 2.02
Lot Dimensions 260 x 338
Property Sub-Type Business Opportunity
Source Realcomp II Ltd
Property Description
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 Fraser
Zoning Commercial
Direction Groesbeck Hwy. Northeast of Masonic Road to subject on the East side.
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Road Frontage Class A
Building
Foundation Slab
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Brick Veneer
Schools
School District Fraser
Others
Tax ID 1405327020
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Owner May Carry(Purchase Money Mortgage)
Rebuilt Year 2020
Listing Terms Cash, Contract, Owner May Carry(Purchase Money Mortgage)
Financing Cash,Contract,Owner May Carry(Purchase Money Mortgage)
Special Listing Condition Full Service
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