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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Franchise Sub Sandwich Shop For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $378261
Net Profit / Cash Flow  $42901
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2005
Number of Employees  6 - 9
Inventory  $43000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  2 weeks at 20 hours/week.
Reason for Sale  Personal.
Description  This Oxnard area franchise sub sandwich shop offers a buyer a turn-key business opportunity with all the necessary equipment to immediately take over operations. The restaurant is located in a large shopping center with complementary neighbors and plenty of parking. Seating can accommodate up to 50 persons for interior and patio dining. The business generates monthly sales in excess of $30,000 and has historically reached monthly sales totals over $40,000. Current year revenues are already trending much better than comparable sales over the last few years. Asking Price $67,000. This 1,200 square foot facility leases for a $2,364 per month plus common area maintenance expense of $657. The ten year lease is valid until March 2015 with additional options to be negotiated with the landlord. The sale includes all of the furniture, fixtures and equipment present at the location, including the stove, ovens, refrigerators, POS system and franchise rights. Inventory of approximately $3,000 at cost will be included with the sale. Competition is medium as other franchise sub sandwich shops exist in the area however this business commands a great location and the franchise has long been known for offering the highest quality product in the industry. Growth opportunities exist for the full time working owner who seeks to operate the business on a full-time basis and reduce payroll expenses currently paid to managers. New owners will also seek to increase local marketing efforts focused on increasing sales by up to 20%. Contact for more information on this sub sandwich franchise shop for sale.
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