Business for Sale Overview:
** Priced Reduced to $30,000 ** This store was acquired by the current owner in March of 2009 and has the potential to be one of the highest volume sandwich shops in El Paso. This store would be a wonderful opportunity for someone wishing to take over a growing and currently profitable well known franchise sandwich store with lots of additional growth potential. Also, buyer should consider purchasing the Seller’s second location(see GBS264A) which would significantly increase Buyer’s opportunities for additional sales and cash flow. (Gross Sales & EBITDA based on 2009 actual results annualized for the entire year) This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This restaurant is located in a densely populated area of population in East El Paso with heavy commercial traffic in the area. Space is approximately 1700 sq ft, has current monthly rent of $2,444. Lease term has 5 years remaining.
Market Competition and Expansion:
This is the only sandwich shop of its kind in the immediate area; however, as this is in an area of high traffic and demand for food services, many other restaurants and fast food facilities are in the area. Significant growth in this part of town should help this store grow on a long term basis. In addition, the owner has recently started a home/commercial delivery service for the business and this part of the business should continue to grow. The current owner recommends that the new owner increase the local store marketing by bringing flyers to area businesses and by utilizing direct mail of promotional flyers in the store market area.
Reason for Selling:
Current Owner's job will require travel
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.