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For Sale: Sandwich Franchise - Highly Profitable - San Diego, California

$496,000.00

Asking Price

  • Status: Active

  • Posting ID: 276399

  • 3/18/23

San Diego Sandwich Franchise - Highly Profitable Business For Sale

Description

For sale is an SBA pre-approved, highly-profitable national sandwich franchise. Loan payments are estimated at approximately $5k per month (4% of revenues) for a fixed 10-year loan at 9% interest. It has strong demographics where the business is located with excellent daytime and evening traffic counts. It is located in a high-end retail center with professionally built-out tenant improvements totaling $350,000 to construct.

Revenues have increased yearly since opening, including during covid and net profits currently exceed $180,000 annually. Traffic counts have increased every year except in 2020. Traffic only saw a 3.3% decline in 2020 over the prior year. Traffic counts have been up 31% since 2020. The average ticket is up 33% since 2020 per customer visit.

Financial Information:
Monthly Revenue: $101,000
Monthly Cash Flow: $15,000
Annual Revenue: $1,210,000
Annual Cash Flow: $180,000
Annual Payroll: Contact for Info

General Info:
Ownership: Corporation
Established: 2016
Current Owner: 2016
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: Contact For Info
Expiration: 2026 plus Two options at 5 years each

Facilities:
Square Feet: Approximately 1,200 square feet
Seating: Contact For Info
Parking: Very Good
Licenses: Contact for Info
Days/Hours of Operation: 7 days per week

RRC# 4489
Location: San Diego County

To get more information about this Sandwich Franchise - Highly Profitable business for sale in San Diego please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 888-995-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #276399 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Sandwich Franchise - Highly Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01310250. Restaurant Realty Company.

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Contact

  1. Name: Steve Zimmerman
  2. phone iconPhone: 888-995-9701

Details

  1. Asking Price: $496,000.00

  2. Down: Call/Email

  3. Cash Flow: $180,000.00

  4. Revenue:    $1,210,000.00

  1. Area: San Diego

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & Support

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Related Links & Information Regarding This Posting

Email Steve Zimmerman Below About This Posting


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