San Fernando Valley Restaurants For Sale
#1 Sub Way Franchise near Major School, Residence and Businesses
Get the name and location by selecting the button to the left "Sign NDA."
Here you have an established Quick Serve Sandwich Franchise Restaurant in a North San Fernando Valley Strip Center. The center has many business in area and is close to Student Dorms at CSUN (Cal State University Northridge) which is located only minutes away with a student enrollment of over 41,000.
Sales for 2016 averaged $5,315 per week ($308,585 for year) which is an increase of 11% over previous years sales despite the rains and colder weather. Owner has other businesses and with his time split between them all it has become to taxing so he has decided to sell this location. This would make a great Family Operation as more of the payroll could become families earnings. With present earnings and an owner taking over for managers 40 hour work week the take home profits currently in the $54,000++ Range.
The rent is very low for a 1200 sq ft location, its only $2,400 that includes the CAM charges and comes with a lease good Oct 2018 with 3 - 5 year options. So buyer has a long future in this business.
Buyer will need to be prequalified and show financial strength as franchise 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.
Because this being one of the major world wide franchisees it will hold 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.
Please visit our website at SellingRestaurants.com to get more information
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Financials
Operations
Sat 8AM - 10PM
Sun 9AM - 10PM
Facilities
Highlights
- #1 Franchise
- Low Rent
- Sales Increase year over year
- Near CSUN University
- Many Businesses near by
- Residents near by
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 32,707 | 253,010 | 559,375 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 11,827 | 77,815 | 171,646 |
| 2010 Persons Per Household | 2.72 | 3.14 | 3.14 |
| Median House Value | $485,718 | $387,220 | $395,558 |
| Income Per Household | $59,636 | $53,602 | $57,459 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 704 | 5,341 | 10,480 |
| 2012 Number Of Employees | 23,512 | 134,988 | 242,718 |
| 2012 Total Annual Payroll | $630,012,000 | $2,670,296,000 | $4,294,967,295 |
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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.