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Asking Price:	$89,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Seller is relocating to be closer to their family
Year Established:	2003
# of Employees:	1 FT / 5 PT
Yearly Revenues:	$333,760
Yearly Cash Flow:	$61,663
Yearly Net Profit:	$61,663
Yearly Gross Income:	$333,760

Business for Sale Overview:

Located close to the Tulalip Casino, New 5 Star Hotel, and the new Outlet Mall this sub shop and deli has great exposure. This business has an upscale, yet comfortable, atmosphere with top of the line equipment and fixtures. There is approximately 1430 sq ft with seating for 38. There is virtually no competition in the immediate area of this business. The current owner has done an excellent job of providing a great product and excellent service to the existing clients. They have also do catering to the businesses and residences in the area. Royalty fee is 5 ½ % and Ad Fund fee is 1%. Transfer fee is $5,000 and Seller will pay half on a full price offer. Business is booming. This is a steal!

Property Features and Assets:

Located close to the Tulalip Casino, new 5 Star Hotel, and the new Outlet Mall this sub shop and deli have great exposure. This business has an upscale, yet comfortable, atmosphere with top of the line equipment and fixtures. There is approximately 1430 sq ft with seating for 38. The base monthly rent is $2,980 plus NNN of $373 per month. The Lease runs till 5/31/2008 and has a two (2) 5 year options to extend the term.

Market Competition and Expansion:

There is virtually no competition in the immediate area of this business. It is located at the entrance of the drive that leads to the Casino and the Outlet Mall. It is surrounded by many large businesses like Home Depot and Wal-Mart.The current owner has done an excellent job of providing a great product and excellent service to the existing clients. They have also do catering to the businesses and residences in the area. The new owner can promote more catering and increase the gross revenue substantially. The Casino is building a huge 5 Star hotel just down the road from this shop and that will help to increase the business.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.