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#3797
San Diego Restaurants For Sale

Below asset value price! Blimpie Franchise for Sale, Wal-Mart Location, LOW Rent

$39,000
Below asset value price! Blimpie Franchise for Sale, Wal-Mart Location, LOW Rent
This Listing is Expired

Listing

Own a Blimpie franchise inside a Wal-Mart!

Renowned for offering only the highest quality Subs and Salads for more than four decades, people everywhere recognize the quality associated with a Blimpie sub sandwich franchise.

This is an existing fully equipped location ready to go. It has all of the advantages that the Blimpie franchisee enjoys; all signage, training, and support included.

This is a great opportunity for first time buyers or seasoned veterans.

This franchise sub shop is located inside Wal-Mart in National City in a thriving and growing area that is steadily increasing in number of households adding to the delivery/takeout potential.

The current owner has operated the shop since 2007. He must sell this location for personal reasons. He no longer is able to give the business the attention it needs to realize its full potential.

The owner feels that the business could be increased by as much as 50 to 100 percent with even a minimal amount of promotion and local advertising.

The Rent schedule is based on your sales, the first level of this tiered system is 2.0% of sales  up to $25,500 of gross sales. Up to 12%  of sales greater than $58,333.33

You have got to see it to believe it!

General Information

·    Lease information – Expires September 2014 with two five year options

·     Hours Open – 10am – 8pm daily because of owners availability, can be extended to Wal-Mart hours if desired.

Highlights

·    Co-Branding options available

·    Additional menu items will be made available

Listing brought to you by Stone Path Brokerage Services.

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

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires june 2014 plus two five year options
Total Monthly Rent:
% rent

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
3
Hours Open:
10-8 daily
Year Established:
2007

Facilities

Indoor Seating:
30
Inside Sq. Ft.:
1,000

Highlights

  • Super Cheap Rent
  • Blimpie franchise
  • Team up with Wal Mart
  • Constant flow of customers
  • Easy to operate

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 56,928 144,610 528,723
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,869 38,400 154,117
2010 Persons Per Household 3.44 3.61 3.29
Median House Value $263,500 $258,020 $327,277
Income Per Household $37,987 $40,025 $49,488
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,242 1,856 6,850
2012 Number Of Employees 37,586 64,090 196,294
2012 Total Annual Payroll $574,775,000 $1,025,820,000 $3,554,241,000

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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