Businesses For Sale

Business Type: 
Sandwich Franchise
Location: 
Orange County
Asking Price: 
$550,000
Listing #: 
PCBB #365
Gross Sales: 
$1,080,000
Cash Flow: 
NA
Summary: 
If you want to become part of one of Southern California’s fast growing and hot quick serve franchises, this is an opportunity you don't want to miss. The store is an “A” location in a top-notch shopping center in one of South Orange County’s most recognizable communities with exceptionally strong demographics. The store has only been operating for 6 months and the owners are only selling due to a partnership split. The equipment is all brand new with warranties and the built-out is exceptional. • The sales for June $95k, July $93k, and August $97k and is far ahead of last year. The net income over the last 3 months (absentee operated) was $30k so the Net income and Sellers Discretionary earnings could possibly be much higher with an owner operator. • Seller Financing: The Seller will also offer financing to a qualified buyer with strong financials, good credit, and related experience. “Submit proposal” The menu features specialty sandwiches and salads made from scratch with high quality fresh ingredients along with craft beers and wines. The original first store in the company opened over 37 years ago in theme with the authentic California lifestyle. The store is located in a very busy shopping center surrounded by several national anchor tenants. The lease is good for 10 years but a buyer will need very strong financials, good credit, and restaurant experience to be approved by the landlord. This franchise is gaining a great deal of exposure and notoriety so opportunities like this do not become available very often. Buyers must also have strong financials to be approved by the Franchisor. Detailed Information Inventory:Not included in asking priceReal Estate:LeasedBuilding SF:N/ALease Expiration:N/AFacilities:Great location with patio in busy shopping center. Lease is 10 years with option. Growth & Expansion:The true benefit is the growth potential considering the sales in year 1 could be $1 million plus. The brand and franchise is also expanding and gaining more recognition in Southern California which will also add value for Buyer. Financing:SBA/Seller FinancingSupport & Training:Franchise training providedReason for Selling:Partnership splitFranchise:This business is an established franchise