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#5977
Chico Restaurants For Sale

Franchise Sandwich Shop - Money Making

$250,000
Available
Franchise Sandwich Shop - Money Making



ADD TO FAVORITE

A Growing Family-friendly city with a lower cost of living and Good Cash Flow!

Opportunity to own Profitable Specialty Franchise Sandwich Shop

Located in a Beautiful city in Northern California, this Sandwich shop is easy to operate and learn for those who want to get into the foodservice business and even better for those who have experience. 

This operation is well-tuned with a long history of consistently increasing annual sales.  Proven year-over-year growth. 

 Well run operation and Covid friendly... All the hard work has already been done and ready for you to take over.

Customers love the quality...and come from all over to patronize this restaurant. 

The owner developed a great marketing system including all the social media, local advertising, and online ordering and delivery! Many years of Advertising have contributed to the awareness and success of this store.

Kitchen has Ansul hood, griddle, fryer, walk-in freezer, 4 door reach-in, deli cooler, prep, POS, Security, and more

GREAT TRAFFIC: The diverse clientele draws from University traffic, local business, and the residential community.


LEASE  Monthly Rent:  $ 2,183 all-inclusive

FINANCIALS: 2021 Revenue: Annualized Sales should be over $700K  

Detailed financials will be made available to qualified buyers. Buyers will need to show proof of funds and the ability to qualify for the lease & franchise requirements.

REASON FOR SELLING: The Seller is moving back into the tech industry.

Seller will consider Offers!

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

Lease

Region:
Chico Restaurants For Sale
Lease Term:
Expires July 31, 2022 plus 3 year option
Total Monthly Rent:
$2,183

Financials

Last Year's Annual Gross:
$582,828
Last Year's Owner's Cash Flow:
$74,655
Last Year's Food Cost %:
31.9
Last Year's Payroll Cost %:
23.5
Last Year's Rent %:
4.5

Operations

# of Part-Time Employees:
8
# of Family Employees:
2
# of Working Owners:
1
Hours Open:
11am - 8pm 7 days
Year Established:
2005
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
Outdoor Seating:
7
Inside Sq. Ft.:
1,400

Highlights

  • Profitable
  • Live in Beautiful Northern California Growing city
  • Perfect for an Owner-Operator or family run business
  • Solid sales growth
  • Well Established Franchise.

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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