Famous Sandwich Franchise - Low Rent

Long Beach, CA
Los Angeles County


Asking Price: Annual Revenue:
$399,000 $400,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Famous Sandwich Franchise - Low Rent Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $399,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: $105,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 5
BBN Listing #: 113555232
Broker Reference #: 4682 JS

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Business Overview:

Famous Sandwich Franchise on a very popular restaurant street in Long Beach.

Highly desirable Location.

Absentee ownership.

Very low rent; only 8% of gross sales.

Newly remodeled for $85,000.

No need to remodel for another 8 years.

Has attractive patio.

8% loyalty fee, 4.5% advertisement fee, transfer fee:$3,750.

Training: 2 weeks in classroom, 2 weeks in store.

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Reason for Selling:

Other Business Interest

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Documents:

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