Business For Sale

Two Sub Sandwich Shops - Profitable & Strong Brand

Redondo Beach, CA
Los Angeles County

South Bay - 2 Locations

Asking Price: Annual Revenue:
$475,000 $1,256,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Two Sub Sandwich Shops - Profitable & Strong Brand Broker: Mike Bauman
License #: 02066601

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,256,000
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 16
BBN Listing #: 402054814
Broker Reference #: Not Disclosed

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Business Overview:

Rare opportunity to acquire two (2) well-established East Coast style sub/sandwich shops in the South Bay. These two stores are well respected in the South Bay where customers from Redondo Beach, Hermosa Beach, Manhattan Beach, and El Segundo go to get their favorite hot and cold subs and sandwiches. This business has a very strong brand in the South Bay and has been around for over 20+ years, since the mid-1990's.

These stores are doing over $1.25 million in revenues and cash flowing about $160,000 per year to the owner. Even better is that fact that these two stores and brand are independently owned and NOT part of one the larger sub franchises (Togos, Subway, Quiznos, Jersey Mike's, Which Wich, Schlotzky's, etc.) that charge 5% to over 12% in royalty and advertising fees on gross revenues.

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Property Features and Assets:

1) Store #1: 1,450 square feet; seats 45 indoor and patio; Rent $4,800/month; approximately 8 years left on lease. 40% takeout; 2) Store #2: 1,000 square feet; seats 26; Rent $2,850/month; approximately 4 years left on lease. 60% takeout.

Market Competition and Expansion:

Numerous opportunities to grow the business include: extended hours of operation, grow the strong brand with additional store(s), web and social media presence and engagement (none today), more delivery service options other than just Amazon. Considerably more cash flow if new owner(s) were to also work full-time at the stores and be more hands-on.

Reason for Selling:

Moving to East Coast.

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 not a franchise resale opportunity.

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