Business Overview:
Fast Food Franchise priced to sell
BTI # 8665 -Sandwich Franchise for Sale in Santa Clara County. The restaurant seats 38 inside. This is a well-established restaurant located in a busy plaza with other restaurants, retail stores, and office buildings. Started in January 2009, the "Fresh Now “upgrade has been completed (a restaurant refresh package). This is not a restaurant remodel, instead, it’s a marketing and merchandising refresh program that lays the groundwork for all the great things coming soon - such as menu innovation. The franchise continues to reinvent itself based on the evaluation of its competition and changing economic times. Absentee owner. Motivated Sell
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Property Features and Assets:
This is a well-established restaurant located in a busy plaza with other restaurants, retail stores, and office buildings. Sales: $414,544; Purchase Price: $95,000; Cash Flow: $67,864 Annualized; Down Payment: $95,000 For 6 months ending Jun 2019 from P&L; Rent: 4,064: Employees: FT: 1, PT: 4; NNN $867; Owners FT: 0, PT: 0; Bldg Size (SqFt); 1,250; Lease Exp: 2021; Option Yrs: 10; Hours: Mon to Sat 7 AM to 9 PM Sunday 7 AM to 9 PM.
Market Competition and Expansion:
Needs a full-time owner to avail the catering and surrounding Schools
Reason for Selling:
Other business interest & a FT job
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.
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