Fast-casual franchise sandwich shop located in a busy East Bay strip center. This shop was established in 2015 and has been successful, consistently growing sales since opening. It is located in a shopping area surrounded by businesses and offices and residential, with more housing being developed nearby. The franchise has been around since 1994 and has grown nationwide to a total of more than 1000 locations. The franchise has won numerous awards, top food franchise 2020, America's favorite chain 2020, hottest food and restaurant franchises 2020 and QSR 50 2020 to name a few. Both the franchise and franchisee have a strong community involvement program.
The operator has grown sales each year in operation and prior to the pandemic topped sales in 2019 at $915,593 with a net income of $102,700. During the 2020 pandemic, the sales were $713,489, however the net income was $151,253 due to the operator's efficient operation of the business. 2021 sales through April are $302,006, which is 93% of 2019 Sales.
For the right buyer with prior experience SBA financing could be available. The lease is long-term with fixed monthly rent throughout the term and fixed for the option period.
- Current OwnerContact For Info
- EmployeesContact for Info
- Reason For SaleOther Interests
- Seating48 Indoor and 8 Outdoor
- Square Feet1,926
- ParkingParking Lot
- LicensesBusiness and Health Permit
- Open Hours10:30am - 9pm Daily
- Rent$12,827 - All Inclusive
- Yearly IncreaseFixed
- Option2 Five Year Options
- DepositContact For Info
- Monthly Revenue$59,457
- Monthly Cash Flow$12,604
- Annual Revenue$713,489
- Annual Cash Flow$151,253
- PayrollContact For Info
- Down Payment$Contact For Info
- Note Balance$Contact For Info
- Terms of NoteContact For Info
- All CashContact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.