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Sandwich Franchise For Sale - Oceanside, California
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Profile: Submarina Franchise In Oceanside.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Crystal Lee, Broker
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| Primary Phone: |
619-757-0088 |
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| Alternate Phone: |
858 717 3005 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/4/08 |
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| Date Last Revised: |
11/4/08 |
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| BizBen Ad #: |
98880 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$139,000 |
| Down Payment: |
$80,000 |
| Annual Revenue: |
$305,064 |
| Annual Adjusted Net: |
$37,392 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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Description: Profitable Long Term National Franchise At A Fraction Of What A New Franchise Would Cost. Husband And Wife Owned. Health Issues Have Resulted In The Owner’s Decision To Sell. They Have Both Totally Enjoyed The Experience And Have Had Great Fun.
Marketing: The Business Will Pay The Franchisor 3% Of The Gross Sales That Is Allocated To A Corporate Planned And Operated Campaign. This Campaign Encompasses Television, Radio, And Print Advertising And Allows The Franchise To Leverage The Advertising Dollars To Enhance The Brand Name And Free The Owner Up To Run The Business.
In Addition To The Advertising Fee Mentioned Above, There Will Be A Standard 8% Fee Applied To The New Buyer.
Strengths And Opportunities: Long Term Established Store Located In A Large Commercial Strip Center With Ample And Convenient Parking With Easy Entry And Close To Hospital And All The Medical Facilities Surrounding It. The Center Is Being Remodeled In The Next Few Months And The Vacancies Are Being Leased Now That A New Management Company Has Taken Charge. Rent Is Very Reasonable And Overhead Is Low. Well Established Customer Base.
Hours And Staffing: The Store Is Open Monday Thru Saturday 10:00am To 8:00pm And From 10:00am To 6:00pm On Sundays. Staff Includes Five Part Time Employees’ Three Of Which Work Approximately 30 Hrs. A Week. The Others Work Approximately 20 Hrs. A Week The Staff Is Well Trained And Have High Standards Of Customer Service.
Company History: Was Started Approximately 20 Years Ago.
Improvements: Newly Painted, New Flooring In Food Prep Area And Newer Porcelain Tile Flooring In Eating Area.
Rent: + Cam: 2,140
Payroll + Tax: 4,500.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Crystal Lee, Broker at 619-757-0088 or 858 717 3005 |
See All Our Other Businesses For Sale We Have Available
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| 2008-11-23 |
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