Description About This Posting: Sandwich Franchise
This business is part of a very successful Southern California based food franchise that offers authentic Philadelphia steak sandwiches and hoagies as its main menu items. This location was newly built out in April 2014 and does not require any upgrades to the interior. The business occupies 1,696 sf in a high traffic retail center along with other well known anchor tenants.
The menu features a variety of steak sandwiches, pizza steaks, cheese steak hoagies, Philadelphia chicken sandwiches and authentic Philadelphia hoagies. Other menu items include burgers, fries, onion rings, and an assortment of soft beverages. What distinguishes this franchise from other sandwich shops is the fact that most of the ingredients used to prepare their steak sandwiches and hoagies are shipped directly from Philadelphia. They also import Franks Sodas, Wise Potato Chips, and TastyKake Cakes and Pies.
The owner works the business approximately 16 hours per week, with the full time manager and other well trained employees handling the operation of the business during the other opening hours. Sales have been consistently growing, with 2018 being the most successful year since the business opened.
The lease at this location is very favorable, with total monthly rent of $5,412. There is seating for 41 customers inside, with additional seating outside. The equipment has been well maintained and is in good working order. A new air conditioning unit was installed at opening. Over the past year, the seller has installed almost $12,000 in new equipment including a fryer, ice machine, worktop freezer, and sandwich table. A new POS System costing $3,000 was installed less than one year ago.
The cost of building out a new location can be as high as $400,000. This presents an excellent opportunity to step in as an owner/operator of a very successful franchise at a greatly reduced cost. Local training is offered by the franchise prior to the close of escrow, with full on-going support after.
The seller is retiring after the business is sold and is very motivated.
Note: Sales have continued increasing each month into 2019
To get more information about this Sandwich Franchise business for sale in
Orange County please phone Bob Baumgarten (Agent - BRE License #:01189294) at 949-588-8727 and 949-292-2008 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #243130 on BizBen.com. In addition to phoning
Bob Baumgarten, make sure you email Bob Baumgarten above to get more info about this
Sandwich Franchise, 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
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.
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.
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.
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.
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.
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.
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