Independent Sandwich Sub Shop In Mall - Outdoor
Location California,United States
Asking Price Range < $250K
Gross Revenues $120000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2011
Number of Employees 1 - 3
Inventory 3000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks, 40 hours per week. This is a simple turnkey operation.
Reason for Sale Other business interests.
Description This is ideal for a family-owned enterprise, i.e. husband wife, etc...to maximize the profits. Location is in a highly trafficked mall setting, outdoors, plenty of customer traffic to tap into. Currently owner runs the business and adjusted net of $60,000 is for hands-on owner operator situation. Buyers seeking an absentee situation, this is probably not the business opportunity for you. Simple sandwich items, nothing too fancy, but certainly this sub shop has built a loyal following amongst its clientele. Buyer can add additional items per their preference, so long as you do NOT directly compete against the other tenants in the surrounding area. Acquire this business for $89,000, which is just a shade above the $80,000 the Seller spent to build it out, and you get $5k of NET cash flow as gravy! NDA is required to schedule an appointment with our Agent, Tony Madoyan to visit the premises and speak to the Seller. Do not talk to the employee, confidential sale!
Facilities:
Located in an outdoor mall with plenty of parking and seating.
Competition/Market Pros and Cons:This is an independent sandwich shop, no franchise fees or royalties paid to anyone. Has a good locals following from surrounding businesses and the community.
Growth and Expansion Pros and Cons:
Buyer can add additional food items as they see fit. Generates good cash flow as-is.
Support/Training:
2 weeks, 40 hours per week. This is a simple turnkey operation.
Reasons for Selling:
Other business interests.
Click Here To Contact Seller
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