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#1301
Sacramento Restaurant For Sale

Sub Shop - Owner Will Carry - Large Rent Reduction!

$70,000
Sub Shop - Owner Will Carry - Large Rent Reduction!
This Listing is Expired
Selling Restaurant proudly presents this franchise style sandwich store started in 2004 and located in a high visibility corner unit of a retail center in an upscale residential area. The store is professionally finished much like a Subway store. The parking lot has plenty space, convenient ingress and egress, and is less than 5 minutes from the freeway. The seller has more than 15 years in the sandwich business and has setup a fast and effective way to handle the rush hour business. She has a successful catering business to the local school less than 5 minutes away from the store twice a day 5 days a week. The store has 1,000 sq. ft. with rent including CAM at about $2,100 a month. The lease has 5 years remaining plus one 5 year option. Inside store seats up to 16 customers and outside patio seats upward of 20 customers. This is a perfect location for the newcomer to the restaurant business. The seller is taking a break from the business after 4 years of building this location and 15 years of building and running sandwich shops.

Please click the orange button below to get the restaurant's name and location.
This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
Expires 2014 + 5yr option
Total Monthly Rent:
$2,100
Security Deposit:
$2,700

Operations

# of Part-Time Employees:
4
# of Family Employees:
1
Hours Open:
Open 7 days from 10am to 7pm.
Year Established:
2004

Facilities

Indoor Seating:
16
Outdoor Seating:
12
Inside Sq. Ft.:
1,200
Outside Sq. Ft.:
80

Highlights

  • Well established franchise style sub-sandwich store.
  • Turn Key business for inexperience buyers.
  • Store is located in retail center near major highway access.
  • Retail center surrounded by homes and office buildings.
  • Two times a day catering to school
  • Easy to maintain and manage.
  • Rent Just Reduced by 30%!
  • Patio seats up to 16 customers.
  • Perfect business for newcomers to the restaurant business - Seller will give you all the needed training.
  • Seller has 15 years experiences to setup this store to achieve the goal.
  • Good food cost percentage at 25%!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 27,456 104,797 252,245
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,405 36,070 86,900
2010 Persons Per Household 2.75 2.75 2.74
Median House Value $204,900 $210,031 $203,633
Income Per Household $55,177 $64,148 $52,522
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 846 1,679 6,734
2012 Number Of Employees 36,864 62,200 231,986
2012 Total Annual Payroll $848,704,000 $1,675,530,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Robert Lee Tade. ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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