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#5501
Chico Restaurants For Sale

Gourmet Sandwich Shop in Chico - Perfect Family Business

$27,500
Gourmet Sandwich Shop in Chico - Perfect Family Business
This Listing is Expired

Still Open with Takeout...Gourmet Sandwich Shop Opportunity for Owner-operator or Family.

Low Priced with Value to build on...buyer to pay escrow fee at this price...Make your offer now!

Located in the growing Chico, Ca. area...with plenty of recreational activities and family-friendly atmosphere!

So you're looking to own a restaurant..." but not too many employees and easy to operate "... where you don't have to pay royalties and you can be creative with your menu using quality ingredients you want and you don't want to start from scratch with zero customers! ...You found it!

Go see this business by visiting SellingRestaurants.com listing 5501.

This established Gourmet Sandwich shop is located in on the busy street has a long list of unique and creative sandwiches with quality ingredients, homemade sauces, salads and a variety of hot dogs.  Coupled with a friendly atmosphere and eclectic décor, patrons have always been delighted with their customer experience. 

 Located in a busy retail center with great visibility when entering the complex with a major grocery Anchor tenant, easy access and plenty of parking, all this help to make this shop one of the highest-rated sandwich shops in Chico. 

Potential:  Increasing Sales prior to Covid, great reviews and low overhead for an owner-operator or family business. 

Kitchen:  Well organized with everything you need... Ice Machine, Reach-in cooler, prep tables...and more! No Hood system.

Low Rent$1,500/month 700 sqft. all in...smaller space equates to low overhead!

Seating for 22 plus 4 outside.

Since it’s start in 2015 this shop has grown over 25% annually, with Q1 - 2019 revenues exceeding Q1 - 2018 by 20% and is well-positioned for expansion.

Register and click on our easy NDA tab and get the name & address...Have a sandwich and you'll see the potential for yourself!

Reason for Selling: Family circumstances dictate

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Chico Restaurants For Sale
Lease Term:
Expires 4/2020 with 5 year option
Total Monthly Rent:
$1,550

Financials

Last Year's Annual Gross:
$169,319
Last Year's Owner's Cash Flow:
$19,891
Last Year's Food Cost %:
38
Last Year's Payroll Cost %:
22
Last Year's Rent %:
10.7

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
3
# of Working Owners:
2
Hours Open:
M-F 10:30a-5p,S 11a-4p
Year Established:
2015

Facilities

Indoor Seating:
22
Outdoor Seating:
4
Inside Sq. Ft.:
750

Highlights

  • Great Reviews
  • Low Priced with Value to build on...buyer to pay escrow fee at this price...Make your offer now!
  • Low Overhead
  • Build existing concept and expand it

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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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