Subway®
Turnkey Subway® Franchise in High-Traffic Brooklyn · 44.67% CAP Rate · 1,200 SF
3102 Avenue U, Store #3 · Brooklyn, NY 11229 · Gravesend / Sheepshead Bay
Asking Price
$269,000
Price / SF
$224
Cap Rate
44.67%
NOI per year
$120,156
Property
- Property Type
- Business for Sale
- Sub Type
- Business Only
- Square Footage
- 1,200 SF
- Units
- 1
- Buildings
- 1
- Stories
- 1
- Class
- A
- Parking
- 3 spaces
Lease
- Lease Type
- NNN
- Tenancy
- Single
- Occupancy
- 100%
- Lease Term
- 10 years
- Commencement
- Jan 31, 2023
- Expiration
- Jan 31, 2033
- Remaining Term
- 6.3 years (as of October 2026)
- Ground Lease
- No
- Ownership
- Leasehold
Business
- Franchise
- Subway® #29778-00
- Established
- 2016
Rare opportunity to acquire a fully operational Subway® franchise in the heart of Brooklyn, NY. Located at 3102 Avenue U, Store #3, this turnkey sandwich shop sits in the vibrant Gravesend/Sheepshead Bay retail corridor — a high-foot-traffic neighborhood anchored by dense residential population, nearby schools, and steady commuter flow from the Belt Parkway and Avenue U MTA station.
The 1,200 SF storefront features a fully equipped commercial kitchen, customer seating area, walk-in refrigeration, branded Subway® signage, and all FF&E required for immediate day-one operations. The location benefits from Central Air, natural gas heating, and three (3) dedicated parking spaces — a rare amenity in this corridor.
Operating under the globally recognized Subway® brand, the business offers a new owner instant name recognition, corporate marketing support, established supply chain relationships, and a built-in customer base. The seller is motivated and willing to provide a smooth transition, including staff retention support and operational training.
This is an ideal acquisition for:
- First-time franchise buyers seeking a proven QSR concept with corporate training
- Experienced multi-unit operators expanding their Brooklyn footprint
- E-2 / EB-5 investor visa candidates seeking a qualifying U.S. business
- Owner-operators looking for a semi-absentee income-producing asset
Financials, P&L statements, and lease details available to pre-qualified buyers upon execution of an NDA. Serious inquiries only — 24-hour advance notice required for showings.
- Established Subway® franchise — globally recognized QSR brand with 37,000+ locations worldwide
- Prime Brooklyn location — 3102 Avenue U in the Gravesend/Sheepshead Bay retail corridor
- 1,200 SF fully built-out restaurant with commercial kitchen, seating area, and walk-in refrigeration
- Turnkey operation — all FF&E, equipment, POS, and branded signage included in sale
- High foot traffic — dense residential catchment, nearby schools, and MTA access (Avenue U station)
- Three (3) dedicated parking spaces — rare amenity for Brooklyn retail corridor
- Central Air cooling and natural gas heating — brick construction, Class A building
- Existing loyal customer base with repeat neighborhood clientele
- Franchisor-supported transition — Subway® corporate training and operational support available
- Ideal for owner-operators, multi-unit franchisees, or E-2 / EB-5 visa investors
- Asking $269,000 ($224/SF) — priced to sell with exceptional 44.67% CAP rate
- Revenue channels: dine-in, DoorDash, Uber Eats, Grubhub, and catering
- Seller financing available to qualified buyers · SBA 7(a) loan eligible
- 2-week seller transition training + staff retention support included
- Exclusively listed by MD Sharif Mia, Azad Realty USA — broker co-op welcomed
2-Month Gross Revenue
$81,840
Mar $39,240 · Apr $42,600
2-Month Net Profit
$17,969
Avg $8,985 / month after all expenses
Avg Monthly Revenue
$40,920
April was 8.6% above March
Avg Profit Margin
22.0%
After royalties, payroll and fixed costs
| Line item | March 2026 | April 2026 | 2-month total |
|---|---|---|---|
| Revenue | $39,240 | $42,600 | $81,840 |
| Rent (incl. CAM) | $5,850 | $5,850 | $11,700 |
| Electricity | $1,500 | $1,500 | $3,000 |
| Food Cost (Sysco 23.1%) | $9,074 | $9,841 | $18,915 |
| Royalties + Ad Fee (12%) | $4,709 | $5,112 | $9,821 |
| Payroll (22%) | $8,633 | $9,372 | $18,005 |
| Other Fixed | $1,215 | $1,215 | $2,430 |
| Total Expenses | $30,981 | $32,890 | $63,871 |
| Net Profit | $8,259 | $9,710 | $17,969 |
| Profit margin | 21.1% | 22.8% | 22.0% |
Payback Period
At $8,985/mo avg profit, the $269,000 asking price represents approximately a 30-month payback — roughly 2.5 years at current performance.
Financing Available
Seller financing available. SBA 7(a) loan eligible — lender referrals provided. E-2 / EB-5 visa candidate at this price point.
Seasonality & Upside
Revenue rising +8.6% Mar → Apr. Historical AUV peaked at $14,219/week (Jun 2024). Significant upside with active owner management.
What's Included
All FF&E, POS, delivery integrations, signage, trained staff, 2-week seller transition training, customer database, and all supplier accounts. Turnkey Day 1.
Key Dates
Lease expires Jan 31, 2033. Next remodel due Jul 11, 2032. Insurance renewal: Sep 24, 2026. Revenue channels: dine-in, DoorDash, Uber Eats, Grubhub, catering.
Transaction Process
1. Sign NDA → full P&L 2. Site visit (24-hr notice) 3. LOI & due diligence (30–45 days) 4. Subway Corp + Landlord approval 5. Close post-training