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#4716
Sacramento Restaurant For Sale

Well Located Franchise Sandwich Shop in Midtown Sacramento!

$139,000
Well Located Franchise Sandwich Shop in Midtown Sacramento!
This Listing is Expired

 QSR - Franchise Sandwich Shop Opportunity! Located in a highly desirable of the Midtown Sacramento retail area.

Very busy and Walkable and Cool area to be in ... Almost absentee run!

This is a turnkey business Franchise concept with Fresh Upgrades..! Upgraded décor and counters, artwork and some equipment! Looks like new!

New Menu as of April 1 with soups, side salads, combos and half specialty sandwiches! and our new corporate sponsorship with a major university (Sacramento State) athletics.

Easy to operate!  Good Employees in place.

Current owner works about 20 hours per week or less.

Location: Off Major downtown artery with masses of drive /walk by traffic every day. Many popular eateries all around…You will like the location!

Currently open 6 days a week…no early mornings or late evenings!

Menu:  Specialty Sandwiches and Salads, sides and kids menu.

Kitchen: FFE includes Hobart slicer, new convection oven, prep tables, freestanding cooler and freezer, toaster, blender, scale, POS, Security system, Fat screen, signage… ample storage and much more.

Also  includes a 2010 Chrysler 300 customized delivery car...value on that alone is close to $7K.

Franchise is now official corporate sponsors with Sacramento State University Athletics. they have banners at the basketball games, gymnastics, and will have a presence at baseball & football games.

Patio seating is street side with great exposure to street and other businesses

Delivery Catering and Online orders: recently added bicycle delivery to enhance sales. This shop is setup well for delivery with many business in the area… some accounts already setup. There is a separate rear door perfect for deliveries without disrupting inside sales and a separate POS in the rear of the house for those orders. (Blue Diamond and New Arena in the area)

Sales: 2016 Net sales of just under $6,133 per week....Over the last 6 months with average of $24,532 per month.

Rent… Base rent $2,732.50 plus nnn on 1,093 sqf.

Franchisor has Much improved marketing plan objective for the region in 2016!

SBA Loan may also be possible for a qualified buyer.

        Seller willing to carry part of the purchase price with larger down and a qualified buyer.

         Reason for selling: Seller needed to exercised previous existing employment opportunity with the state of Ca.  

                   For more detailed information buyer will need to show proof of ability to purchase.

                                    The Seller will consider All Serious offers!

Please visit our website at SellingRestaurants.com to get the name and address of this business. 

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires 2/28/2020 plus 5 year option
Total Monthly Rent:
$3,483
Security Deposit:
$5,000

Financials

Last Year's Annual Gross:
$294,384

Operations

# of Part-Time Employees:
6
# of Working Owners:
1
Hours Open:
Monday - Friday
10am - 6pm
Saturday
11am - 6pm
Sunday
Closed
Year Established:
1999

Facilities

Indoor Seating:
18
Outdoor Seating:
15
Inside Sq. Ft.:
1,093

Highlights

  • Cool Midtown Walkable area!
  • Lots of foot traffic
  • Owner has implemented and got commercial accounts going and many more to be had
  • Cycle and Car delivery setup!
  • New Menu !
  • Newly acquired corporate sponsorship with a major university athletics dept.
  • Owner will carry a portion on the purchase price with a qualified buyer...!
  • Delivery car included

Financing

Down Payment:
$100,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
40%

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 15,195 131,865 343,822
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,314 55,496 130,845
2010 Persons Per Household 1.51 2.25 2.46
Median House Value $304,970 $266,889 $236,168
Income Per Household $35,074 $46,405 $45,915
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,264 5,492 9,942
2012 Number Of Employees 62,930 172,590 343,536
2012 Total Annual Payroll $1,672,587,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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