Description About This Posting: Sandwich Shop - Absentee Owner
100% absentee owner sandwich shop
Over 50 years in business
Current owner is 3rd owner since 1960's
Current owner lives in fresno area, comes this sandwich shop once every 6 months, even employee does banking.
Owner bought 2015 for her sister-in-law's living but she left end of year 2015
Almost 4 years business run by itself but gross sales revenue did not much decreased but not making enough as it was.
Base rent only $1,800 per month cam about $250 a month.
Even now rent including cam charge only 7.4% of gross sales revenue.
5-6 years ago this shop made gross sales revenue $31,000 a month
Now as absentee owner operation went down @ $27,817 in year 2018
12 months average
Current lease ends april 2020 plus option 5 years and it is not hard to add another option 5 years.
Best for some experienced buyer who willing to work minimum 20 hours per week and do some s n s marketing, this sandwich shop highly possible to make gross sales revenue about $35,000 a month but buyer has to research store reputation and loyal clientele nearby state college and neighbor competition stores by own risk but highly possible,
More detail information and nda.
Please contact me via email,
To get more information about this Sandwich Shop - Absentee Owner business for sale in
Near Reseda please phone James Kwon (Broker - BRE License #:01382901) at 213-327-5400 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #251532 on BizBen.com. In addition to phoning
James Kwon, make sure you email James Kwon above to get more info about this
Sandwich Shop - Absentee Owner, 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.
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.
Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.
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.
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