San Fernando Valley Restaurants For Sale
SUB Sandwich Franchise Offered in Great Area of San Fernando Valley
To Visit This Location, Please Select the Button to the Left "Want Name/Address."
This Franchised Sandwich Shop has been established since 1993 in a very prominent area of the Northern San Fernando Valley. Being in a high demographic area has allowed this location to thrive over the years. Located just off a major freeway and in a shopping center at the crossing of 2 major thoroughfares of area there is no lack for potential customers.
Sales for 2016 averaged $10,565 per week ($560,820 for year) and 2017 Sales of $10,041 per week ($522,132 for year) continue to hold in a comparable range with past years despite the heavy rains and colder weather experienced this past year. The Owner has 2 other businesses and with his time split between all 3 it has become to taxing so he has decided to sell this location.
Buyer will need to be prequalified and show financial strength as franchisor will have to approve the buyer once an offer is accepted by seller. There are franchise transfer fees and training expenses as buyer will need to complete the franchise training as part of the transfer. Franchise offers Great Support in running of the business and has many supporting features. Continued On Line training for employees, managers and owners is an ongoing advantage this brand brings to your investment. The company has a high volume of TV commercial presence that drives traffic to the shop locations.
Because this being one of the major world wide franchisees it should hold the value of your investment over the years if you follow the franchise model and grow and maintain a good operation.
To get more information on this listing you can go to the "Sign NDA" tab and agree to the terms of Confidentiality as this is a VERY PRIVATE Listing. You will need to submit a "Buyers Profile" that Agent will forward to you once NDA is completed as Buyers will need to be Pre Qualified. Once completed Agent will give you name, address so you can go by and visit the business.
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Financials
Operations
Sat - Sun 7AM - 10PM
Facilities
Highlights
- #1 Sub Sandwich Franchise
- Great Upscale San Fernando Valley Location
- Fully Trained Staff
- Center Located on a busy street corner
- Buyer will need Franchise Approval
- Buyer will need to be PreQualified before location will be revealed
- Great Company Training and on going help
- National Advertising
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 35,689 | 152,965 | 232,175 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 11,770 | 51,356 | 76,818 |
| 2010 Persons Per Household | 2.86 | 2.88 | 2.93 |
| Median House Value | $611,800 | $484,813 | $462,354 |
| Income Per Household | $99,230 | $79,346 | $73,075 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 522 | 4,821 | 5,977 |
| 2012 Number Of Employees | 8,728 | 130,270 | 159,858 |
| 2012 Total Annual Payroll | $125,275,000 | $2,668,733,000 | $3,374,324,000 |
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Disclaimer
Notice: 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 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.
#6555Gourmet Burger Franchise Restaurant with Beer and WineLease:expires June 30, 2025 plus 2- 5 year optionsAnnual Revenues:$1,683,149Annual Adj. Net:$139,942Square Feet:2,460