Profitable Port of Subs Franchise Sandwich Shop

Price: $240,000

Location: Santa Rosa, CA

Industry: Restaurants and Other Eating Places

Listing ID: 5111

DESCRIPTION

**Business has continued to thrive under quarantine conditions with increased sales over previous years***

Popular and profitable franchise submarine sandwich shop located in a busy commercial center. Brand is strong and franchise offers training, marketing and operational support to franchisees. Seller enjoyed over 10 years of successful operations and is retiring. Shop is within walking distance of one of the largest parks in the city a designated transit hub and the future site of a nearly 200-unit mixed income community housing project. This is a great opportunity for a buyer wishing to enter the food industry or a successful operator looking to add another unit.

LISTING DETAILS

Cash Flow: If applicable, financial information will be shared after an NDA is submitted.
Reason For Sale:

Owner is retiring

OPERATION
Year Established: Established in 1988, the current owner since 2008.

Days & Hours of Operation: The shop is open 7 days a week: Monday-Sunday 8:30am-7:00pm and Sunday 9:00am-5:00pm

Owner Hours Per Week: The shop is open 7 days a week: Monday-Sunday 8:30am-7:00pm and Sunday 9:00am-5:00pm
Employees: Owner works fulltime and owner’s spouse works 24 hours/week (approx.) with 2 part-time employees

LOCATION
Monthly Rent: $2,362

Type of Location: Leased

Square Footage: Shop is 1,180 square feet (approx.) with inside seating for 25 (approx.)

Facilities Information:

Current monthly rent is $ 2,362 (approx.) + 1052.96 (approx.) in CAM. Current term expires November 2023. With one 5-year option.

Equipment includes 1 Super Systems double deck convection oven; Bizerba slicer; Star Pro-Mas panini press; True 3-door refrigerator; True 2-door freezer; Bunn airpot coffee maker; Manitowok ice machine; hand sink; three compartment sink with spray nozzle; prep sink; mop sink and more

Premise underwent a full remodeled in 2016 which will remain current through 2026

Franchise transfer fee of $10K grants buyer 4 weeks of training plus 2 weeks of training for an employee. Franchisor charges 5.5% royalty fees, 3% local advertising and 1% national advertising

Price Includes: Furniture, fixtures and equipment, leasehold interest, leasehold improvements, and goodwill. Some personal items may be excluded from the sale. Inventory is not included in the sale and is available for Buyer to purchase at wholesale cost

For more information on this listing, please complete our Non-Disclosure Agreement

CONTACT DEAL OWNER

Ryn Longmaid

Phone: (707)-503-9335
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