Profile: Oven Sandwich Shop Is A Bay Area Homegrown, Up-And-Coming Concept.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$650,000 |
| Down Payment: |
$650,000 |
| Annual Revenue: |
$750,000 |
| Annual Adjusted Net: |
$160,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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The Toaster Oven Sandwich Shop Is A Bay Area Homegrown, Up-And-Coming Concept That Has Accomplished Tremendous Results Since Opening Its First Location In November 2005. All Three Shops Are Located Within San Francisco’s Downtown Financial District. We’ve Achieved Substantial Year-Over-Year Sales Growth And Solid Returns. In Fact, Despite The Softening Economy, We Experienced Our Best Month During October 2008! We Opened Our Second And Third Shops In May And August Of 2008, Which Are Already Cash Flow Positive.
The Toaster Oven Employs A Simple, Replicable Operating Model: We Cater To Price Conscious Consumers Seeking Quality Made-To-Order Sandwiches. We Offer Other Complementary Products Including Soup, Chips, Salads And Hand-Spun Shakes. We’re Able To Generate Remarkable Financial Results (And Keep Customers Coming Back Time And Again) By Employing These Tactics:
• Providing The Best Available Product At Our Chosen Price-Point (Mid- To Upper-4.00 For Sandwiches)
• Achieving Customer Per Minute Rates In Excess Of Double (And Often More Than Triple) Those Realized By Our Competitors
• Creating A Fun Atmosphere Where Customers Enjoy Good Service And Comfy Surroundings
• Adhering To “Best-Practice” Restaurant Management Techniques And Systems (Religious Use Of Checklists And Quarterly Cost Margin Tracking, For Example)
Owners Are Selling This Shop To Focus On Growth Of The Brand Through Franchise Platform.
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