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Oxnard Area Franchise Sub Sandwich Shop

California, Oxnard
Asking Price $67,000.00
Gross Income $367,793.00
Cash Flow $367,793.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Sub Shop
Overview
This Oxnard area franchise sub sandwich shop offers a buyer a turn-key business opportunity with all the necessary equipment to immediately take over operations. The restaurant is located in a large shopping center with complementary neighbors and plenty of parking. Seating can accommodate up to 50 persons for interior and patio dining. The business generates monthly sales in excess of $30,000 and has historically reached monthly sales totals over $40,000. Current year revenues are already trending much better than comparable sales over the last few years.
Business Details
Location and Facilities: This 1,200 square foot facility leases for a $2,364 per month plus common area maintenance expense of $657. The ten year lease is valid until March 2015 with additional options to be negotiated with the landlord. The sale includes all of the furniture, fixtures and equipment present at the location, including the stove, ovens, refrigerators, POS system and franchise rights. Inventory of approximately $3,000 at cost will be included with the sale.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: Growth opportunities exist for the full time working owner who seeks to operate the business on a full-time basis and reduce payroll expenses currently paid to managers. New owners will also seek to increase local marketing efforts focused on increasing sales by up to 20%. Competition is medium as other franchise sub sandwich shops exist in the area however this business commands a great location and the franchise has long been known for offering the highest quality product in the industry.

Reasons for Selling: Personal

Financing:

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