Submarine Sandwich Franchise In Murrieta, CA
Murrieta, CA Riverside County
Seller's Contact Information
- RE: Submarine Sandwich Franchise In Murrieta, CA
- Contact: Linnea Westlake
Quick Facts
| Asking Price: | $35,000 | |
| Annual Revenue: | $365,687 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 35,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2007 | |
| Employees: | 5 | |
| BBN Listing #: | 775133008 | |
| Broker Reference #: | 2401-551100 |
Business Overview:
Quality CA Fresh Submarine Sandwich Franchise in Murrieta.
Artesian breads baked fresh daily, prime meats and perfectly aged cheeses sliced in front of customer. With all CA fresh ingredients customers enjoy a hearty better made sub sandwich.
.
This is an good opportunity for a local family to bring new energy for growth/turnaround. At $50,000 this opportunity represents a very low cost of entry for an established and popular brand generating revenue and near or above breakeven cash flow. A new store would require a minimum $200,000 investments and you'd start from scratch generating revenue.
Focus on catering orders to improve the top line. Keep pricing aligned with food and labor costs and optimize staff coverage to improve the bottom line. Each incremental sale of $10 will deliver approximately $6 to cash flow as fixed costs are covered.
Solid google and yelp reviews.
5 employees (3 PT, 2 FT). Low turnover and tenure to 4 years. Seller works full time in/on the business. Open 10am-6:30pm M-F, 11am-5pm S-S.
Seller is relocating out of the state after sale.
Franchisor is waiving transfer and training fees. Royalties 6% plus 2% branding. Franchisor will assist with local marketing to jumpstart new ownership. Training in Southern CA.
New 10 year Franchise and Lease Agreements to be arranged with lease incentives.
ASSET SALE though financials will be provided. All equipment well maintained and in good working condition. About $45,000 FFE and $2500 inventory to transfer. Current lease about $3,600 all in. 2022 Gross: $365,688. Positive cashflow 2 of last 3 years, 2023 looking better. NO SBA. SELLER IS MOTIVATED and priced to sell at $50,000.
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Property Features and Assets:
FF&E Overview: Equipment List will be provided.
Market Competition and Expansion:
Expansion: Local Marketing, Catering, More effective price management, Employee Schedule Optimization
Reason for Selling:
relocating
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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