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#5781
Stockton Restaurants For Sale

Profitable Sandwich Franchise - Sales Strong in Covid

$190,000
Profitable Sandwich Franchise - Sales Strong in Covid
This Listing is Expired

They are open doing great during the virus! The seller is expecting $10,000 or more in net income in 2020! This is a new, clean and profitable sandwich franchise restaurant . It is one of the top rated stores in the entire franchise system.  As little as 10% down for a qualified buyer! The store is in a great location, running smoothly but the owner is semi absentee so there is even more money to be made for a full time, hands on owner.

This restaurant has been pre-qualified by an SBA lender for financing with as little as 10% down.*

If you are looking for a successful business in an excellent location with clean, new equipment, decorated beautifully, with solid and accurate business records, this could be the right opportunity for you!

The restaurant is located in a very busy shopping center along with several national brands. It has fantastic exposure and is highly visible to a busy main road. 

The store has even more growth possibilities! By catering for nearby local businesses, offices, schools and churches as well as getting involved in youth sports and community activities, a hands on owner has the opportunity to greatly increase income and profits!

The shop is well staffed with shift leaders and very good, long term employees. A new owner should be able to operate smoothly without any employee issues during the transition and moving forward.

The franchisor offers a detailed training program with ongoing support. A new owner will receive plenty of help during the takeover and transition period and regular support from the franchisor moving ahead to help insure success.  

The ideal candidate should have a great work ethic, solid financials/good credit and at least 1 year of restaurant work experience. Call for more details.

* SBA approval is not guaranteed and subject to lender discretion.
 

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Stockton Restaurants For Sale
Lease Term:
July 2027+2 5 yr. options
Total Monthly Rent:
$5,236

Financials

Last Year's Annual Gross:
$547,000
Last Year's Owner's Cash Flow:
$59,000

Operations

# of Part-Time Employees:
8
# of Working Owners:
1
Hours Open:
Mon-Fri 10a-7p Sun 10a-6p
Year Established:
2017

Facilities

Indoor Seating:
16
Outdoor Seating:
8
# of Parking Spots:
Plenty
Inside Sq. Ft.:
1,100

Highlights

  • Profitable
  • Great Location
  • Franchise Sandwich Shop
  • Great Training
  • Covid Sales Up
  • New

Financing

Down Payment:
$19,000
Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 5-mi
2014 Total Population 46,124 48,751
Households 1-mi. 5-mi
2010 Number Of Households 15,854 16,992
2010 Persons Per Household 2.92 2.91
Median House Value $204,500 $205,036
Income Per Household $41,172 $41,398
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,071 1,144
2012 Number Of Employees 29,154 30,354
2012 Total Annual Payroll $606,111,000 $624,483,000

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.

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