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#4733
San Fernando Valley Restaurants For Sale

Sub #1 Sandwich Franchise in a Busy Shopping Center

$250,000
Sub  #1 Sandwich Franchise in a Busy Shopping Center
This Listing is Expired

To Visit This Restaurant Please Select the Golden Button to the Left "SIGN NDA"​ to get started!

Here you have an established Quick Serve Sandwich Franchise Restaurant in a Beautiful North San Fernando Valley Shopping Center. The center is home to Major Fitness Center, Sporting Goods Store, Super Market, Drug Store and Many local and nationally known shops with Lots of Hungry Employees and Shoppers. Then theres CSUN (Cal State University Northridge) is located only minutes away with a student enrollment of over 41,000.

Sales for 2015 averaged $10,517 per week ($546,884 for year) and 2016 $10,732 despite the rains and colder weather over last years sales numbers.Sales for 2017 have weekly average of $9,898 ($514,696 for the year) Owner has 2 other businesses and with his time split between all 3 it has become to taxing and making it harder to control daily operations as well as he'd like,so he has decided to sell this location.

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.

Being one of the major world wide franchisees it should 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!

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
San Fernando Valley Restaurants For Sale
Lease Term:
expires Nov 30, 2021 + (2) 5 yr options
Total Monthly Rent:
$5,037
Security Deposit:
$3,600

Financials

Last Year's Annual Gross:
$546,884

Operations

# of Full-Time Employees:
6
# of Part-Time Employees:
5
Hours Open:
Mon- Fri 6AM - 11PM
Sat/ Sun 7AM -11PM
Year Established:
1995
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
Outdoor Seating:
8
# of Parking Spots:
lots of shared
Inside Sq. Ft.:
1,200
Outside Sq. Ft.:
30

Highlights

  • #1 Sub Sandwich Franchise
  • Great San Fernando Valley Location
  • Best for owner operator
  • Buyer will need Franchise Approval
  • Buyer will need to be PreQualified before location will be revealed
  • Great Training and on going help
  • National Advertising
  • Long Term Lease

Financing

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

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

click for more demographic info

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.

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    Lease:  
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    Annual Revenues:  
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    Annual Adj. Net:  
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    Square Feet:  
    2,460
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