Franchise Restaurant

Franchise Restaurant

Available

$150,000.00

Listing Number :

 3549

Status :

Expired

Price :

$150000

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Area

998

Description

Well established, Turnkey Franchise Sandwich Store for Sale. Over 7 x years in business and in an upscale downtown area in Contra Costa County. this is in the heart of downtown with no other Franchise eatery nearby. The current owner is doing very well, and sales are consistently growing. It is surrounded by other retail and office building with plenty of parking. Ther are 3 schools in the area and many sports teams that support this local sandwich place. This business has an extremely loyal clientele base with lots of opportunity to increase sales. Seller claims yearly gross is $279,000. He also claims his net is about $90,000 with low rent of $3,100/m.

3549

Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased: 2012
Business Type: Franchise Restaurant
License(s) Required: Business, Health
Hours of Operation: 9am-9pm/7xdays a week
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3549
Date Available: 9/12/2018
Reason For Sale: Going through divorce.
Annual Total Revenue: 279000
Annual Net Income: 90000
Inventory:
Monthly Payroll:
Lease Information
Base Rent: 2500 Lease expires 2021
Lease Expires:
Lease Option: 1 x 3 years option
NNN: 600/m
 
Financing Information
Down Payment: 150000
Owner Will Carry:
Other Finance Terms:

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