Sandwich Shop
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $400000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 10 - 19
Inventory 50000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Yes.
Reason for Sale Health condition in family.
Description A great opportunity to buy a lifestyle business in an exclusive central coast town. This business operates 5.5 hours a day and local residents provide very stable sales base. Tourist season is driven by nearby Hearst Castle and weekend get-away visitors from Los Angeles, San Francisco, Bakersfield and Fresno. Tourist season peaks between July and September. Owners have cultivated a unique selling proposition in fresh foods and homeade soup. Newspaper press on this business has extended from Los Angeles to San Jose. Owners will train as needed for a smooth transition.
Competition: Only dedicated sandwich shop in tourist town. Location has excellent street frontage, off-street parking lot and outdoor seating. The business has strong local following resulting in stable month to month sales and seasonal lift from tourist trade.
Growth/Expansion: The business has underdeveloped alcohol and wine sales (in a wine region) and an emerging catering business. Possibilities exist for expansion on site or in secondary markets.
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