Description MANAGER RUN STORE. Established franchise in a busy center at a very busy signal off of the freeway. High traffic area with lots of lunch traffic, residential & businesses in the immediate area. Busy location is 100% manager run, ( ROOM FOR IMPROVEMENT) do not disturb the employees. Outdoor patio, nice clean store with a good product & brand recognition. Local training & great franchisor support. Submit all offers. The seller owns another franchise too so he will be around in your corporate meetings & available for additional consultations.
Type of Business: Sandwich Franchise
Location: Central OC
Hours of Operation: Daily 11 Am - 9 or 10 PM
Gross Sales: $33,900 / mo. Avg.
Adjusted Net Profit: $ 5,500 - $6,000/ mo. Manager run
Base Rent: $ 5500/ month
NNN: $included
Length of Lease: 5 yrs.
Approx.: Sq. Ft. 1500
Capacity: 50
Sec.Dep: $ per lease
Payroll: $5700 / mo.
Number of Employees: Full time: 3 Part time: 1.
Insurance: $ 140
Gas: $300
Electric: $800 avg
Water: $ included
Phone: $ 120
Equipment rental: 0
Trash: $ 150
Royalty & Fees: $10K franchise transfer fee to Buyer. Royalty 6%. Advertising 2%.
Asking Price: $ 165,000
Down Payment: $165,000
Balance: submit all offers Must Sell before August