This franchise style sandwich store started in 2004 and is located in high visibility outer corner unit of a retail center surrounded by residences and office buildings. The parking lot has plenty space, convenient ingress and egress assess and less than 5 minutes from freeway. Seller has more than 15 years in the sandwich business and has setup a fast and effect way to handle rush hour business. She does catering to the school that is less than 5 minutes away from the store 2 times a day/5 days a week. The store has 1,000 sq. ft. with rent including CAM at about $3,250 a month. Lease expires April 2009 plus 5 year option. Inside store seats up to 16 customers and outside patio seats 12 to 16 customers. Landlord is paying $400 to the seller a month for Parker Service (clean up parking lot). Seller wants non-restaurant buyers to train them in the business. She is taking a break from the business after 4 years of working hard at this location.
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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
Expires on 04-2009 + 5yr option
Total Monthly Rent:
$2,940
Financials
Last Year's Annual Gross:
$240,000
Last Year's Food Cost %:
25
Operations
# of Part-Time Employees:
4
Hours Open:
Open 7 days from 10am to 7pm.
Highlights
- Well established franchise style sub-sandwich store.
- Turn Key business for inexperience buyers.
- Store is located in retail center near major highway access.
- Retail center surrounded by residences and office buildings.
- Two times a day catering to school located other side of highway.
- Easy to maintainance and manage.
- Rent is $3250 a month including CAM.
- Lease is expires on April, 2009 plus 5yr renewal option.
- Patio seats up to 16 customers.
- Seller will train inexperience buyers.
- Seller has 15 years experiences to setup this store to achieve the goal.
- Good food cost percentage at 25%!
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
27,456 |
104,797 |
252,245 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
9,405 |
36,070 |
86,900 |
2010 Persons Per Household |
2.75 |
2.75 |
2.74 |
Median House Value |
$204,900 |
$210,031 |
$203,633 |
Income Per Household |
$55,177 |
$64,148 |
$52,522 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
846 |
1,679 |
6,734 |
2012 Number Of Employees |
36,864 |
62,200 |
231,986 |
2012 Total Annual Payroll |
$848,704,000 |
$1,675,530,000 |
$4,294,967,295 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.