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For Sale: Franchise Sandwich Store - Long Established - Sonoma County

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Current Status: Active     Posting #: 207720     Last Refreshed: 6/5/18     BRE License #: 01789190    
Contact: Mike Nova At 510-708-6682  -  Also Email This Contact Below
Price:  $79,000     Down:  Call/Email     Adjusted Net:  Call/Email     Revenue:  Call/Email    
Business Address:  None Given     City:  Petaluma     Zip:  94952    
Attributes:  Training & Support     Cooperation With Brokers?  Yes
Sonoma County Franchise Sandwich Store - Long Established Business For Sale Franchise Sandwich Store - Long Established Company For Sale

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  Description About This Posting: Franchise Sandwich Store - Long Established
Today, this sandwich franchise is the world's largest franchise chain with more than 37,000 locations worldwide. They have become the leading choice for people seeking quick, nutritious fresh, delicious, made-to-order sandwiches that the whole family can enjoy.

The rent for the business is percentage based as the tenant only pays 5% of their gross sales for the first $15,000 of sales. Additional sales are at higher percentages. In addition to the rent, this fee includes the electricity, water, garbage, pest control and security. There are on sales up to $15,000, you will pay just $750 to the landlord and that will cover your many of your expenses besides food costs, payroll and insurance. The current lease term expires in February 28, 2019 and there are 2 additional five-year option periods to tenant to extend this lease. There are 18 chairs inside the business and there is plenty of parking available in the large on-site parking lot.

Royalties for the franchise are 8% of gross sales + an additional 4 1/2 % of gross sales for advertising. This 20-year franchise agreement has a $5,000 transfer fee required from the buyer as well as two weeks of required training back East in Milford, Connecticut.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial and/or legal advisors with regard to this information.

To get more information about this Franchise Sandwich Store - Long Established business for sale in Sonoma County please phone Mike Nova (Intermediary, Broker - BRE License #:01789190) at 510-708-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #207720 on BizBen.com. In addition to phoning Mike Nova, make sure you email Mike Nova above to get more info about this Franchise Sandwich Store - Long Established, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

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.

Mike Brewer: Liquor License Brokers, ABC Consulting Services

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.

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Elizabeth McGovern: Escrow Services - SF Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

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.

Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.


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