Popular franchise in a prime shopping center near downtown san jose. It has a seating capacity of 28 people, 1,200 sq.st. Total space. It is fully equipped as a subway store with all required equipment. The equipment includes: walking cooler, ice maker, freezer, preparation tables, plenty of storage, system of required sinks, ada bathrooms. Ample parking. Master lease with options. Must be sell as subway franchise.
Location: shopping center
Co tenants: other restaurants and businesses
Signage: building signage
Seating: 28 seats
Size: 1,200 square feet
Parking: shopping center parking
License(s): business, boe
Open: open 7 days a week. Mon-fri: 8:00 AM - 10:00 pm, weekends: 8:30 PM - 9:30 PM.
Reason for sale: other interests
Lease/rent: approximately $6,300 nnn
Lease expiration: jan. 2021
Yearly adjustment: on the renewal.
Lease option: 1 x 5-year option
Security deposit: tbd
Revenue: approx. $380,000 per year.
Cash flow: to qualified buyers
Equipment/ inventory: equipment list
Payroll: 5 employees, 1 part time
Franchise royalties: n/a
Expenses: rent, utilities, insurance, maintenance
New terms: all cash