Description About This Posting: Sandwich Shop Franchise - Asset Sale
This business is part of a very successful Southern California based food franchise that offers authentic Philadelphia steak sandwiches and hoagies as its main menu items. The location was newly built out in May 2014 and does not require any upgrades to the interior. New or newer equipment was installed and has been well maintained with all in good working order. The business occupies 1,300 sf and is located in a high traffic retail center along with other nationally branded tenants. The center has excellent parking and visibility. There is seating for 22 customers inside.
The menu features a variety of steak sandwiches, pizza steaks, cheese steak hoagies, Philadelphia chicken sandwiches and authentic Philadelphia hoagies. Other menu items include burgers, fries, onion rings, and an assortment of soft beverages and beer. What distinguishes this franchise from other sandwich shops is the fact that most of the ingredients used to prepare their steak sandwiches and hoagies are shipped directly from Philadelphia. They also import Franks Sodas, Wise Potato Chips, and TastyKake Cakes and Pies.
The owner is completely absentee. There is a full time manager in place along with 3 other well trained employees. Employee wage expensed could be reduced with a full time owner operator. Sales have been consistently growing, with 2018 showing an 11% increase over 2017.
The cost of building out a new location can be as high as $400,000. This presents an excellent opportunity to step in as an owner/operator of a very successful franchise at a greatly reduced cost. Local training is offered by the franchise prior to the close of escrow, with full on-going support after.
To get more information about this Sandwich Shop Franchise - Asset Sale business for sale in
Orange County please phone Bob Baumgarten (Agent - BRE License #:01189294) at 949-588-8727 and 949-292-2008 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #246948 on BizBen.com. In addition to phoning
Bob Baumgarten, make sure you email Bob Baumgarten above to get more info about this
Sandwich Shop Franchise - Asset Sale, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
Changing hands of ownership can seem both exciting & daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Joe Ranieri (Orange And LA County Business Broker - Restaurant Specialist) shares some tips with business buyers.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client’s folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
Joe Ranieri, (Orange County Business Broker) discusses how to convert restaurants: buy an existing inexpensive restaurant and then converting it to another concept. He discusses finding the right location, working with the landlord, notifying existing clients, and observing restaurant trends.
What qualities should you look for in a escrow and bulk sale service when buying/selling a business? Orange County Business Broker Joe Ranieri at 714-292-5448 addresses these issues in a Discussion on BizBen. See what qualities matter when selecting a Escrow/Bulk Sales firm when buying or selling.
In this Discussion, Peter Siegel MBA (Business Purchase Financing Advisor at 925-785-3118) discusses financing of purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant, potential restaurant buyers have many options to choose from.
Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!
Looking to buy a restaurant business? Check out these tips first to avoid getting blindsided when you buy any type of small or mid-sized California restaurant. Peter Siegel, MBA (BizBen's ProBuy & ProSell Programs & Restaurant Purchase Financing Expert) at 925-785-3118 covers this topic for buyers.
What are some reasons a business that was previously on the market with another broker didn't sell? Every broker or agent understands that not every business they list will result in a sale. Joe Ranieri (Orange County Business Broker) and others explain why some brokers fail at selling a listing.