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For Sale: Submarine Sandwich Franchise - High Quality - Escondido, California

$180,000.00

Asking Price

  • Address: Escondido,

  • Status: Active

  • Posting ID: 283475

  • 3/19/24

Escondido Submarine Sandwich Franchise - High Quality Business For Sale

Description

This is a high-quality and fresh Submarine Sandwich franchise in Escondido. This long-established sub-shop is in its current location in a busy strip center with anchor tenants for decades. The shop enjoys great reviews and is considered by many to offer the best-tasting submarine sandwiches. It is historically one of the highest-performing franchises in the system with loyal customers returning for decades. The artesian breads are baked fresh daily, prime meats and perfectly aged chesses are sliced in front of the customer.


The seller who took the reins in February of 2023 wishes to move on to pursue other business interests. The opportunity is especially well suited for a local family to embrace and grow. Walk-in, pickup, delivery, and catering is offered with significant growth opportunity associated with attracting more repeat catering customers. 4 PT employees.


Royalties are 8% but the transfer and training fees have been waived. Buyers should plan to invest another 1% of revenues in local marketing. Rent including CAM $5136 is about per month. 2023 Proforma revenue approximately $655k with Proforma SDE estimate $70k. SBA is not possible. $180,000 price.

To get more information about this Submarine Sandwich Franchise - High Quality business for sale in Escondido please phone Linnea M Westlake (Intermediary, Broker - BRE License #:02028068) at 925-209-4592 Cell and --Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283475 on BizBen.com. In addition to phoning Linnea M Westlake, make sure you email Linnea M Westlake above to get more info about this Submarine Sandwich Franchise - High Quality, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01100886. Transworld Business Brokers.

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Contact

  1. Name: Linnea M Westlake
  2. phone iconPhone: 925-209-4592 Cell
  3. phone iconPhone: --Text

Details

  1. Asking Price: $180,000.00

  2. Down: $120,000.00

  3. Cash Flow: $70,000.00

  4. Revenue:    $655,000.00

  1. Area: Escondido

  2. City: Escondido

  1. Attributes:

    Broker CooperationTraining & SupportOwner/Seller FinancingExisting Franchise

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Related Links & Information Regarding This Posting

Email Linnea M Westlake Below About This Posting


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